5 ways to build a successful micro-franchise business
Micro-franchising could help some of society's most vulnerable people thrive.
The Clothing Bank is a non-profit with the vision to inspire, skill and support unemployed South Africans to eradicate poverty in their families. It achieves this by helping the unemployed become self-employed by starting businesses. The Clothing Bank has three projects: partnerships with major retailers who donate their excess product as a tool to teach unemployed mothers to start retail businesses; The Appliance Bank uses donated electrical appliances to teach unemployed men to repair and sell these appliances; the Grow with Educare Centres enable women in poorer communities to established schools that are sustainable businesses supporting children aged 2-5.