As Zambia continues to develop, the number of opportunities for franchises and affiliates continues to grow, with many global, regional and national brands establishing themselves. With a franchise, the franchisor is a supplier who allows an operator, or a franchisee, to use the supplier's trademark and distribute the supplier's goods. In return, the operator pays the supplier a fee. With an affiliate program, a business rewards one or more affiliates for each visitor or customer brought by the affiliate's own marketing efforts. Affiliates can often in turn develop affiliates of their own.
As a franchise owner, you buy into the business model and own your own franchise. As an affiliate, you agree to market goods and services for a company in exchange for affiliate fees or commissions.
Franchising is a relatively flexible method, and just about any type of business can be franchised. There are many types of franchises, that can be categorized according to different factors, like investment level, franchisor’s strategy, operations, marketing and relationship models, etc. The five major types of franchises are job franchise, product franchise, business format franchise, investment franchise and conversion franchise. There are many different business models in Zambia that operate as franchisees and affiliates. A franchise operation is a contractual relationship between the franchisor and franchisee in which the franchisor offers or is obligated to maintain a continuing interest in the business of the franchisee in such areas as know-how and training; wherein the franchisee operates under a common trade name, format and order.
Zambia is a rapidly economically developing country in the center of Africa with a population of more than 17 million people. The main engines of an economy are mining, construction, and financial services. Rich natural resources made Zambia attractive for many tourists from all over the world.
Lusaka Kitwe and Ndola the biggest cities in the country provide good opportunities for franchise businesses. Despite some financial obstacles for developing the franchise market in the country, there is a demand for international franchise brands. Especially in fast food, restaurant, retail, clinics, and hotel sectors.
Nowadays there is a tendency in Zambia to develop tourism franchise businesses. Therefore, Citizens Economic Empowerment Commission has allocated some funds for the establishment of Zambian tourism franchising.
To start a franchise in Zambia an entrepreneur doesn't have to overspend, some of the franchises are quite affordable. There are high investment business opportunities, as well as cheap franchises in Zambia presented for review, the choice is yours.