Franchise Program Offers Alternative Career to Retired Senior Civil Servants
Are you a retired but not tired senior civil servant or a laid-off corporate executive? Do you know that Franchising is a lucrative career option for you? Franchising is a business arrangement between two legally independent partners. The franchisor grants the franchise operator (the-” franchisee”) the right to distribute certain products and services at a particular location for a specified period of time. In return, the franchisee pays the franchisor fees and royalties.
Franchisinginnigeria.com, a franchise brokerage and lead generation website, has initiated a special program that will match retired senior civil servants and laid-off corporate executives with Nigerian and International franchises that fit their professional profiles, interests, and investment capability.
The Retired Executives Franchisee Programme, expected to generate the support of franchisors and banking institutions, will help the retired senior civil servants who lost their jobs after the reform in the Nigeria’s public services, find thriving franchise businesses they can own.
This is a win-win situation for both the retired civil service executives and the participating franchisors, who will select and recruit new franchisees who match their franchisee profile from candidates with professional expertise and a wide array of management skills. Retired civil service executives will be able to buy and manage lucrative businesses with the strong backing of their franchisor partners - one of the many advantages of franchising. A Franchise increases business success because it is often associated with proven products and services.
Franchise companies participating in the program are selected from major industry categories, including quick service restaurants, automobile care, information technology, training and consulting services, health and fitness services, industrial cleaning, and hotel and hospitality services, among others. Investment amounts range a low 5 million naira to a high 50 million naira.
During the franchise discovery and selection process, the retired executives will have access to full disclosure and information on available financing options and receive referrals to intellectual property attorneys at no charge. The brokerage fee is paid by participating franchise companies.
Retired Executives Franchisee Program
Providing alternative career path for retired senior civil servants
OBJECTIVE
The Retired Executives Franchisee Programme aims to offer a lucrative and fulfilling career option for retired senior civil servants and laid-off corporate executives in franchising.
BENEFICIARIES
- Retired senior civil servants looking for a fresh start in business after retirement.
- Laid-off corporate executives wanting to own their own businesses.
- Nigerian and international franchise companies seeking high-profile investors for their concepts
- The Banking institutions needing low-risk investment candidates for their franchise finance programmes.
The programme is expected to accelerate the development of the franchise sector.
PROGRAMME DELIVERY METHOD
The brokerage firm will use a special qualification form and the professional profile of prospective investors (i.e. the retired senior civil servants and corporate executives) that specify their skills and interests to match them with franchise businesses.
PARTICIPATING FRANCHISE BUSINESSES
Participating franchise businesses include a wide array of industry categories: quick service restaurants, automobile care, information technology, courier and business center services, training and consulting services, health and fitness services, and hotel and hospitality among others.
BROKERAGE FEE
Ten percent of the total investment amount is payable as brokerage fee by the participating franchisors. Prospective investors are not charged brokerage fees.
RECRUITMENT PROCESS
After completeting the online interest form, prospective investors will be provided with a list of available franchise businesses and, thereafter continued the internal recruitment process of the franchisor selected.
Please Complete form below to indicate interest in the Program
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