Social Franchises
In recent years, the idea of franchising has been picked up by the social enterprise sector, which hopes to simplify and expedite the process of setting up new businesses. A number of business ideas, such as soap making, wholefood retailing, aquarium maintenance, and hotel operation have been identified as suitable for adoption by social firms employing disabled and disadvantaged people.
The most successful example is probably the CAP Markets, a steadily growing chain of some 50 neighborhood supermarkets in Germany. Other examples are the St. Mary's Place Hotel in Edinburgh and the Hotel Tritone in Trieste.
Social franchising also refers to a technique used by governments and aid donors to provide essential clinical health services in the developing world.
Read more about this topic: Franchising
Famous quotes containing the word social:
“I have the conviction that excessive literary production is a social offence.”
—George Eliot [Mary Ann (or Marian)