Franchising is one of the most efficient business models used in today's competitive world. Social Franchising could be part of the answer - helping the social sector scale, whilst remaining response and adaptable at a local level the trend of applying this format of business to the social sector is slowly catching up.
The idea of social franchising has its roots in commercial franchising but, only up to the point of using similar techniques. In terms of the objective and goals to be achieved, the social and commercial forms of franchising are quite different. In social franchising, profit is not the sole objective of running the business; profit or money is only a means to ensure that a franchise runs smoothly. Commercial franchise, just like any other business entity is profit oriented. This very approach sets apart the commercial franchising business from social franchising.
Many of us are not aware of the concept of social franchising. However, there are many companies already operating in this sector. Aaa social franchise follows the same business model as that of commercial franchise. The franchiser prepares the necessary guidelines and policy to run the business. Activity of building up a network of franchisees follows next. aaa center are offered with the franchise business plan and rights to run the business in specified areas. The decision regarding how many and which types of services can be offered by franchisees also is taken while handing over the charge. The aaa center for Social entrepreneurship provides franchisees with necessary training, specifications about quality standards, operating methods, etc.
BENEFITS OF AAA SOCIAL FRANCHISING
Aaa Social franchising is a highly beneficial practice from the point of view of scaling up an idea which helps in finding solutions to social problems. Replication of this idea is implemented more effectively through social form of franchising in comparison to the traditional businesses. Another benefit of using this business model is that 'returns to scale' (effects of rise in production) increase considerably. The increase in returns to scale takes place due to concentrated efforts which otherwise get dispersed while functioning independently. The aaa social franchising business model is the best example of how costs can be reduced. Replication of best practices, reducing transaction costs and other factors help in keeping expenses to a minimum.
We provide 360-degree support to our clients. Like good ideas for social change, tried and tested products, operational platforms that are proven to work. And quantity matters as well as quality.
Aaa developing a ‘pipeline’ of social franchises, The social franchise system we have developed allows anyone with the right volunteering service attitude to join us as a franchisee, regardless of his or her background. There are, however, four attributes that AAA way shop people have in common:
As you might expect, we take great care in franchisee selection, as the reputation you build affects our global image. We look forward to welcoming you to the team and working with you to develop a franchise store!
AAA SOCIAL FRANCHISE SYSTEM
The aaa social franchise system we have developed allows anyone with the right volunteering service attitude to join us as a franchisee, regardless of his or her background. There are, however,
3 attribute that AAA way shop people have in common” they are:
The well-documented success in the franchise sector will continue to compel nonprofits to brave this new journey, but it will take receptive and responsible franchisors to help create a bridge to the future. For the sake of those in need of sustained support by the non-profit fabric that warms our society, let’s hope for a well-worn innate path.
Social enterprises potentially have a larger universe of investors than conventional firms do. if they can structure their funding to treat charitable donations as a form of capital that seeks social, not financial, returns, they can then tap all the conventional sources of capital: venture capital firms, banks, mutual funds, bond funds, and so on. and with access to these sources, all the financial-engineering tools for transferring risk and return become available, allowing social enterprises to free up capital and grow.
The AAA way shop Fund was established to provide financial support in the form of loans to organizations, a new approach to funding social enterprise methods.
Please let me know if you are aware of any other sensible scenario you recognized, and please share also real / realistic cases you experienced
aaa center for Social entrepreneurship is ongoing to be there supporting you. Let’s get started today.