OUR UNIQUE APPROACH TO MICRO-FRANCHISING
Supply Hope has three goals for each micro-franchise developed. It must:
- Provide a reliable income for the micro-franchise operator
- Offer a useful and necessary good or service to low-income communities
- Earn enough profit to cover ongoing operations
HOW WE DO IT
Supply Hope tests franchisable businesses that provide goods and services that low-income communities lack, such as nutritious, affordable food. Familes in these communities spend most of their money on food, health care and home improvement–markets that can offer more affordability and higher quality.
Our founder, Beth Meadows, an experienced franchise professional, provides expertise to the development of our new micro-franchises. Other advisors and experts provide technical and local market knowledge to ensure new micro-franchise will deliver on our goals.
Supply Hope’s first branch office in Managua is staffed by Nicaraguans who share the organization’s vision. They provide local expertise and hands-on operational support that is integral to success at every stage.
We match-up people earning less than $2 per day with proven micro-franchise opportunities based on their interests and skills. Local nonprofit organizations such as churches and outreach programs help us find candidates who are responsible and hard-working.
We offer straightforward training on micro-franchise operations via classroom teaching and hands-on practice. Supply Hope’s certificate of graduation gives operators a pride of accomplishment that many have never experienced.
We provide operators with all the equipment needed to operate their micro-franchise. Because Supply Hope also provides store inventory, operators can focus on serving their customers, not managing deliveries.
Supply Hope provides micro-franchise operators with business coaching and marketing tools. They join a community that shares best practices and encourages one another.
Supply Hope pays operators weekly commissions based on sales. Consistent income provides for a family’s basic needs and the possibility of investing in education, homes and savings.
As Supply Hope micro-franchise locations scale up, operations, logistics and administration become more cost-efficient as those activities are consolidated. The goal is to cover operating costs with profits from the micro-franchise, so the investment in development and implementation is sustainable.