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(PRESS RELEASE VIA SNO) – SLUDTERA would like to inform Entrepreneurs between the ages of 21 – 35 years from St. Lucia, the Caribbean and Latin America, who have been in business for 1-5 years, with the potential to scale through franchising, that applications to the funded NextGen Global Franchising Competition 2019 is currently open.
The NextGen in Franchising Global Competition is a worldwide program that engages millennial entrepreneurs seeking to grow their businesses through the franchise model, and the only business incubator in the world focused on franchising.
What Is Franchising?
When your favorite products and services start popping up on street corners across the country and around the globe – it’s franchising! A business growth strategy, franchising has been utilized for nearly 100 years, providing franchisors with ways to scale their business, and franchisees with an opportunity to go into business for themselves but not by themselves.
Pick Your Career Path
The franchising world is filled with opportunity.
No matter which road you choose to take, the journey is guaranteed to be as worthwhile as the destination.
Work a Franchise – The franchise industry is made up of thousands of different companies offering millions of jobs that continuously need to be filled. Opportunities range from entry-level to the C-suite. Management, marketing, customer relations, regional operations, field consulting and global development are just a few of the roles available to you within the franchise system.
Invest in a Franchise – If you want to be in business for yourself but not by yourself, investing in a franchise is a great option. Starting a business from scratch involves a big learning curve whereas becoming an owner of an existing concept gives you a solid foundation on which to stand. You have the benefit of a proven business model, training and marketing support. You get to experience entrepreneurship while being a part of a bigger family.
Build a Business – As an entrepreneur, you likely have big ambitions. If you dream of having your successful concept develop into a thriving business, franchising is a great way to help your existing company expand, and even grow globally. It takes hard work and dedication, but the International Franchise Association can help you understand what’s involved, and connect you with the right individuals to guide you through the process.
Applications close August 31st, 2018. Winners will be notified in October 2018 and must attend the IFA Annual Convention in Las Vegas, Nevada, from February 24th – 27th, 2019.
Contest Winners Will Receive:
A trip to IFA’s Annual Convention, complimentary Convention registration, and travel expenses (up to US$1500)
A spot at the NextGen in Franchising Summit, a two-day educational and networking program
Opportunity to participate in the next round of the NextGen in Franchising Global Competition for a chance to win a monetary investment to help grow your business
Opportunity to network with leading franchisors, franchisees, and suppliers, as well as other young entrepreneurs
Extensive, industry-wide media exposure
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