The voice of private setter 10 Tenant
Africa Franchising Accelerator Project-(AFRAP)
CALL FOR INDIGENOUS GROWTH-SEEKING BUSINESSES IN DAR, ARUSHA, ZANZIBAR, MBEYA, MWANZA AND DODOMA TO JOIN THE AFRAP FRANCHISE DEVELOPMENT PROGRAM
This call follows a press release on 28° July 2021 introducing the Africa Franchising Accelerator Project
(AFRAP) whose main deliverable is to build at least 100 indigenous franchise brands m Tanzania by January 2025. This will be achieved through a carefully-executed franchise development program to develop growth- oriented indigenous businesses to build their brands into local franchises.
Franchise development is a long-term business growth strategy used by businesses to achieve faster and leaner growth. It has also been used as a manufacturing and distribution strategy-to manufacture and distribute specific goods in wider geographies than is practically possible using other models. Any business can be franchised, 20 long as it meets a basic franchise ability criteria Businesses seeking to grow outside Tanzania into the African Continental Free Trade Area- (AFCFTA) stand a better chance through franchising rather than through other models.
AFRAP’s franchise development program is an intensive six-stage training, coaching and mentoring program. Training covers: general issues around franchising, what it is, how it works, benefits to the country, franchisor and franchisee, conducting franchise-specific market research and developing franchise-specific strategic plans, protecting your Intellectual Property (IP), developing a strong support team at head office to support your franchise system, financing your franchise development scheme, prototyping, franchise systems development, testing and documenting into franchise operations, procedures and training manuals, protecting your franchise system through legal instruments-the non-disclosure document, the franchise disclosure document and the franchise agreement- franchise system marketing and selling and franchise system roll out. Prominently, the program includes matching selected businesses with providers of cheap capital needed by the prospective franchisors to franchise their brands.
The training is arranged in six phases of a minimum three days each, with the initial training leading to selection of the 100 businesses being an intensive 6-day Emprises Entrepreneurship Training Workshop (EETW), after which selected businesses proceed to the five-phase franchise development program, all spread over the next twelve months. After each training, AFRAP and AFRAP-trained subject-specific consultants, hand-hold each participating brand to build the structure of their desired franchise system, before finally rolling out their franchise systems Brands which go through this program can expect to became big players in the market currently opening up under ASCFTA. Businesses that successfully finish the franchise development program shall be encouraged to join the Franchise Association of Tanzania (FATA) to help grow the sector.
TPSF now call for OWNERS (NOT MANAGERS) of growth-seeking Tanzanian businesses IN ALL SECTORS OF THE ECONOMY, to join AFRAP’s Emprises Entrepreneurship Training Workshop (EETW) through which 100 businesses shall be selected to join the franchise development program. To join the program businesses would meet the following enteria) provide audited accounts with profitability for at least the last three years ii) Show annual tarn over of at Least Tshs. 250,000,000.00) have or be in the processes of opening, a3 a minimum, a second outlet iv) present a short statement of where they plan to be in the next 5 years
v) pay a token fee of Tshs 250,000.00 for the EETW’ and upon selection Tshs 500,000.00 for the franchise development program vi) Demonstrate owners’ commitment to take their brand through the twelve-month franchise development program and vi) Be ready to work with AFRAP-trained franchise resource persons at nominal charges, together with mainstream AFRAP consultants {at no extra cost} to develop their franchise systems. EETW training dates and venues; Zanzibar (22-27 Nov 2021), Mbeya (29 Nov-4 Dec 2021), Mwanza (6- 11 Dee 2021), Arusha (13-18 Dec 2021), Dodoma (3-8 Jan 2022) and Dar es Salaam (10-15 Jan 2022).
Application deadline for each venue is 4 days before the indicated starting date. For further information, bank details for payment and exact training Centre in your city, please contact [email protected] with a copy to wambuge.wagichohi@ worldaheadafrica.com
About Franchising
Franchising is a business arrangement where a business with a tried, tested and trusted brand (the franchisor) grants another independent party (the franchisee) the nights to market and sell the franchisor’s specific goods or services over an agreed period using the franchisor’s intellectual property, including its entire business systems.
The consideration, the franchisee pays an initial fee to join the franchisor’s system and ongoing royalties for the entire period of the agreement and receives ongoing support from the franchisor.
About TPSF
TPSF is an umbrella organization representing 359 Private Sector Organizations (PSO)s. It was incorporated on 4th November 1998 as a non-far-profit organization under the Companies Act (Cap 212), a limited by guarantee entity. Its main objective is to promote private sector-led social and economic development in Tanzania and specifically aiming to carry out the following functions: 1) To serve as a focal point for the private sector in its advocacy of policies and to promote the long-term development of the private sector in Tanzania
2) To coordinate and ensure sustainable dialogue between the government and the private sector.
3)To organize and mobilize resources locally and abroad to ensure financial suitability of the foundation and its members
4) To accumulate and provide data and act as the data center for the private sector.4) To design educational and training programs for the development of the private sectar.5) To promote private sector corporate social responsibilities.
TPSF also works towards promoting the private sector’s national, regional & global competitiveness in trade and investment through its fourteen economic clusters (1) agriculture, livestock, and fisheries, (ii) manufacturing,
ii) trade and commerce, (iv) natural resources and tourism, (v) financial services and banking, (vi) services (vii) construction and engineering, (viii) transport and logistics, (ix) oil and gas, (x) women in business, (xi) mining, (xii) Zanzibar entrepreneurs, (xiii) regional businesses and (xiv) large corporates.
Signed
Francis Nanai, Executive Director
