Microfranchising is one of the latest developments in the social venture industry. By creating a scaleable simple small business plan which impoverished entrepreneurs are able to run and escape from poverty. It also helps to stimulate the economy from the bottom up.
A great example of a successful micro franchise is Vision Spring (formerly know as SCOJO Foundation). This social enterprise's business model is called business in a bag. Entrepreneur are given training in eye exams and then sell eye glasses to people in their area who lack the opportunity to get conventional medical assistance.
Visit their site to see how you can start your own micro-franchise visionspring.org
Just another example of how innovation paired with a determination to make change will empower a global future without poverty as we know it.
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