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Franchising as an alternative strategy for developing enterprises in BotswanaChinyoka, S. V. 09 1900 (has links)
Botswana is a middle-income economy. It has become dependent on non-renewable resources. Agriculture and manufacturing have failed to develop in a significant way. The small population has not provided adequate demand. The Government has tried a number of strategies in order to diversify the economy. One of these is the promotion of Small and Medium Enterprises (SMEs).
Unfortunately, SMEs have failed to thrive, so far. A number of researchers have concluded that SMEs will not thrive due to the fact that Botswana have low entrepreneurial skills. High failure rates are experienced where enterprises are established.
The thesis identifies an alternative strategy in the development of enterprises in Botswana. It is generally believed that a franchisee does not need high levels of entrepreneurial skills to succeed. If this is so, Botswana can solve her problem of lack of sufficient enterprises by promoting franchising. The thesis uses the interview technique to assess whether existing franchisees in Botswana have low levels of entrepreneurial skills. Indeed it proves that franchisees have low skill levels compared to non-franchised entrepreneurs. Secondly, the thesis proves that franchisees in Botswana operate as employee-managers. Thirdly, the thesis establishes that franchisees perform better than non-franchised entrepreneurs, even though they have low entrepreneurial skill levels. Lastly, the thesis, using evidence from findings above, and from responses of experts interviewed, establishes that the promotion of franchising is a viable alternative strategy to one that depends solely on non-franchised enterprises.While there are some methodological limitations, like those stemming from a low and unknown franchisee population in Botswana, the use of ordinal data, use of techniques to rate their own skills, and a relatively small sample for franchised and non-franchised entrepreneurs, the statistical techniques used are powerful enough to generate reliable findings. / Graduate School of Business Leadership / D.B.L
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Franchising as an alternative strategy for developing enterprises in BotswanaChinyoka, S. V. 09 1900 (has links)
Botswana is a middle-income economy. It has become dependent on non-renewable resources. Agriculture and manufacturing have failed to develop in a significant way. The small population has not provided adequate demand. The Government has tried a number of strategies in order to diversify the economy. One of these is the promotion of Small and Medium Enterprises (SMEs).
Unfortunately, SMEs have failed to thrive, so far. A number of researchers have concluded that SMEs will not thrive due to the fact that Botswana have low entrepreneurial skills. High failure rates are experienced where enterprises are established.
The thesis identifies an alternative strategy in the development of enterprises in Botswana. It is generally believed that a franchisee does not need high levels of entrepreneurial skills to succeed. If this is so, Botswana can solve her problem of lack of sufficient enterprises by promoting franchising. The thesis uses the interview technique to assess whether existing franchisees in Botswana have low levels of entrepreneurial skills. Indeed it proves that franchisees have low skill levels compared to non-franchised entrepreneurs. Secondly, the thesis proves that franchisees in Botswana operate as employee-managers. Thirdly, the thesis establishes that franchisees perform better than non-franchised entrepreneurs, even though they have low entrepreneurial skill levels. Lastly, the thesis, using evidence from findings above, and from responses of experts interviewed, establishes that the promotion of franchising is a viable alternative strategy to one that depends solely on non-franchised enterprises.While there are some methodological limitations, like those stemming from a low and unknown franchisee population in Botswana, the use of ordinal data, use of techniques to rate their own skills, and a relatively small sample for franchised and non-franchised entrepreneurs, the statistical techniques used are powerful enough to generate reliable findings. / Graduate School of Business Leadership / D.B.L
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Entrepreneurship through the Junior Achievement Botswana Programme : realities and perceptions.Kenosi, Precious Queen. January 2006 (has links)
Though Botswana is regarded as one of the richer countries in Africa, it is faced with
challenges experienced by other developing countries in Sub-Saharan Africa such as
poverty, unemployment and HIV/AIDS. Recession in the mining and agriculture sectors,
which have been the pillars of the country's wealth, has caused the economy to decline.
The National Development Plan 9 (NDP 9 2003/4-2008/9) is a five year national
development plan for Botswana that states that 36.7% of the populace have incomes
below the poverty datum line. Entrenched in the nation's Vision 2016 statement are two
development goals aimed at poverty reduction; to create sustainable jobs and to develop
human resources. The Botswana government has thus earmarked the promotion of small,
medium and micro-enterprises as one of the measures to reduce poverty. This shift to
self-employment would help create much needed jobs, contribute to the economy and
improve the quality of life of the Batswana. The government's efforts alone will not
suffice in this predicament. It needs the assistance of all stakeholders including the
private sector and the general public.
The purpose of the study was to investigate whether the Junior Achievement Botswana
Programme is an effective programme for equipping the youth in Botswana with business
skills with the hope that they would in turn establish businesses in their communities. The
study focused on exploring the perceptions of the trainees/learners in the programme to
establish if they felt that the training gave them the necessary knowledge and skills to
boost their confidence and motivation to plan, start up and sustain business ventures. The
perceptions of teachers and trainers involved in the delivery of the programme were also
sought to establish the programme's strengths and challenges and to suggest how the
programme could be improved. The study also employed an entrepreneurial test to
determine whether the programme attracted teachers and students who have the desired
characteristics for business. At the heart of this study was an attempt to articulate the role
of education and training in preparing the youth for self-employment. Data was collected
using both quantitative and qualitative data collection strategies. The data was analysed
descriptively as well deriving themes and meanings.
The study found out that the JAB is a good and informative programme that inspires the
youth and instils confidence in them to believe that they have gained knowledge and
skills required to be engaged in viable business ventures. They felt particularly confident
about market research, production and marketing components of running businesses.
However, the study also found out that the programme has deficiencies such as
insufficient preparation of its trainees to access and manage finances, inability to develop
networks for support especially once the students have left schools and are no longer
under the comforting guidance of the programme facilitators. In addition, the study
realised that the programme seems to overlook the role of monitoring, follow up,
evaluation, networking and mentoring in training for entrepreneurship. Issues pertaining
to partnerships and public relations also surfaced in the study. On the whole, the
respondents in the study found the programme enjoyable and worthwhile and wished it
could be extended to many others.
The study also found that the desired characteristics for business as identified by the
entrepreneurship test administered were possessed by fewer than 20 percent of the
students and teachers. This may also have contributed to the low numbers of people who
went on to start their own businesses. / Thesis (M.Sc.)-University of KwaZulu-Natal, Pietermaritzburg, 2006.
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