Franchise Business Development Services (FBDS Nigeria), a member of the International Franchise Association (IFA) and representative of World Franchise Associates(WFA) in Nigeria, will on Thursday 29th March 2018, hold its second (2nd) Franchise Matchmaking Forum.
Franchise Matchmaking Forum is a quarterly franchise investor’s forum, where CEOs of franchise brands (Franchisors) pitch their franchise opportunities to an audience of prospective franchise buyers (Prospective Franchisees).
The Forum, according to the Convener, Mr. Chiagozie Nwizu, is in line with the programmes in the calendar of the Nigeria 2018 Franchise Agenda, developed after a franchise industry stakeholders round table, which held in November 2017.
He said, the event offers the opportunity where the franchisor finds qualified potential franchisees who meet his brand’s criteria, and the potential franchisee meets the franchisor with a suitable proposition for his investment interest.
“Fund and support providers such as Nigeria American Chamber of Commerce, Nigeria Investment Promotion Commission, Lagos State Employment Trust Fund and commercial banks will be attending to provide support.
“The event holding at Oriental Hotel, Victoria Island, Lagos between 10am-6pm, will be attended by 20 local and international franchise brands like House of Tara, Experimac, ReMax, Avis, Meadow Foods, Chicken Republic, Studio24, BestChoice, among others, looking to expand in the lucrative Nigerian economy, and driven by the sheer volume of investible funds seeking promising franchising opportunities”, said Nwizu, Managing Consultant of Franchise Business Development Services.
The reputable and successful franchise brands operating various businesses of varying investment sizes and industry categories, will be pitching and exhibiting their franchise prospectus to the prospective franchise buyers.
“Invited franchise buyers who are only required to register at a dedicated event website include potential start-up entrepreneurs; corporate workers seeking investment or retirement plans; institutional investors looking forward to investing in new portfolios.
“The participants will in addition, be learning how franchising works, and various support services they can take advantage of. They will also have the privilege of meeting franchise fund providers and learn how they can access low-interest fund for franchise investment,” the Convener explained.