Speaking at CAN at a conference on mergers, acquisitions, franchises and other methods of expansion, Training for Life CEO Gordon D’Silva said: ‘interestingly enough we’ve turned to McDonalds for the business model of expansion, which is most in-keeping with the third sector…I don’t think the merger and acquisitions model works for the industry, franchising does and the reason it does is it allows people to come into the sector with passion, vitality and ownership, which you don’t get if you’re building an empire (through acquisitions).’
The idea of franchising a social enterprise is both intriguing and innovative. What do our readers think? Is franchising the future of social enterprises?
Read the full article on Social Enterprise’s website:
http://www.socialenterpriselive.com/section/news/mcsocial-enterprise-franchises-could-be-the-future
Learn more about Training for Life at:
http://www.trainingforlife-city.org/
Tags: Social Enterprises