Wednesday, March 6, 2013
THE Bahamas Telecommunications Company (BTC) plans to expand its retail footprint with a projected 24-month roll-out of 12-15 franchise stores on New Providence, and 25 in the Family Islands.
Tellis Symonette, BTC’s senior vice-president of Family Islands and Administration, said: “We have one franchise operator in Grand Bahama that is performing satisfactorily, and now we are hopeful for other franchise operations to be launched throughout the islands, where opportunities are likely to be more toward the store-in-store concept that tends to suit smaller communities. These are exciting opportunities for Bahamian entrepreneurs nationwide.”
Dwight Gibson, BTC’s manager for franchise sales and operations, is inviting interested business people to learn more about the franchise roll-out.
“Our BTC stores are doing extremely well, but we want to extend our reach nationwide to better service the consumer need that we know exists,” he said.
“BTC products and service should be available throughout the Bahamas, not just in the two major cities. Awarding a franchise locally gives Bahamians a chance to become part of an established business model, one with a successful track record providing on-site sales, marketing and customer support. ”
Marlon Johnson, BTC’s senior vice-president of marketing and communications, said a dedicated approach to assisting Bahamians towards becoming business owners via a BTC franchise is getting a lot of focus and company attention.
“Over the next 18-24 months a lot more energy is going toward getting Bahamians into their own business with us,” said Mr Johnson.
“Our franchise business model offers full stores, like the one in Grand Bahama, and smaller operations such as kiosks and a store within a store. Retail store models are matched to suit different locations and demographics.
“Our goal is to look at up to 40 franchise opportunities of different sizes and types across the country over the next 18 -24 months. It’s exciting for us because we’re moving from creating employees to also creating employers. There is keen interest in it. We have formalised the application process and we are ready to deepen our partnerships throughout the community.”
Comments
leonardo85 says...
They have indeed come up with a brilliant idea here, their expansion plan would benefit this sector immensely. Now every business small or big needs to have access to cutting edge telephone systems. You can also access such facilities online at places like <a href="http://www.qccusa.com/solutions/telepho…">http://www.qccusa.com/solutions/telepho…</a>.
Posted 2 January 2015, 3:40 a.m. Suggest removal
melanyjames says...
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Posted 13 January 2015, 9:09 a.m. Suggest removal
Petra says...
This is one ambitious project and once the initial business model proved to be successful, then things should go smooth. It will be up to the franchise operators to make sure they're keeping up with the standards. They could even consider providing for their financial team a cloud storage for their account-books, like the one offered by <a href="http://swizznet.com">http://swizznet.com</a>. With all the data being available from anywhere, the workflow would be more effective and the business would go smoother.
Posted 21 January 2015, 3:29 p.m. Suggest removal
Petra says...
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Posted 23 January 2015, 10:08 a.m. Suggest removal
CarrieBaker says...
The Bahamas Telecommunications Company is one of the most successful company in this field and its profit is a number with lots of figures. Quality offered by <a href="http://www.newwaveaudioandvideo.com/">CCTV Indio</a> is another great example of gome audio&video company that offers one of the best services. Anyway, this company's succes is quite motivational for everyone out there who wants to run his own business.
Posted 9 February 2015, 1:36 p.m. Suggest removal
serenelle says...
Great ideas such as these are welcomed everywhere, but every one of these initiatives have to be careful to play by the rules and also pay their taxes. Everybody has to pay taxes! If you are in need of advice you would probably need this company's phone number <a href="http://slashpropertytaxes.com/">property tax reassessment in Chester County, PA</a> when it comes to pay attention to your duty for your country as a tax payer.
Posted 11 February 2015, 9 a.m. Suggest removal
Petra says...
The decision BTC is very bold and not at all risk-free, but surely, there's a professional advice behind this course of action. Companies like <a href="http://www.neemaconsulting.com/">http://www.neemaconsulting.com</a> offer some pretty good management directions and there should be no surprise in the fact that BTC probably turned to the services of such a company when they decided to approach this expansion strategy. The only thing left to do is watch how things evolve and maybe even take some notes.
Posted 12 February 2015, 9:41 a.m. Suggest removal
Ramone says...
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Posted 14 February 2015, 7:48 p.m. Suggest removal
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Posted 17 February 2015, 3:17 p.m. Suggest removal
holymoly says...
The BTC has some great stores in Bahamas. Besides providing some great products and services, their stores are decorated in an elegant style with modern furniture and steel floor plates like those from <a href="http://www.allmetalsinc.com/steel-floor…">AllMetalsInc.com</a>. People enjoy visiting their stores and they are very satisfied of doing shopping there.
Posted 30 April 2015, 12:09 p.m. Suggest removal
Sophia says...
The expansion planned by Bahamas Telecommunications Company (BTC) in the islands can only be good news as it will create more jobs in the area and it is known that they are a great example of an employer. However, during installation and development they need to make sure they build the right premises and work with serious suppliers such as http://www.landstar.com/solutions/suppl… because if they launch the new facilities and tthen issues start showing up they will simply dive in unnecessary expenses.
Posted 19 May 2015, 9:47 a.m. Suggest removal
themark1 says...
According to my personal knowledge The **BTC** is one of the world most known company. Late but nice to hear that he expand its retail footprint project. For small business owners like me who are a [scrap car][1] dealer learn more things from BTC.
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Posted 4 June 2015, 7:34 a.m. Suggest removal
asiseeit says...
I do not care what they do, as soon as I have a choice BTC can sit in the corner, they are DONE. This nation has been ripped of for far to long by the monster called BTC.
Posted 4 June 2015, 8:20 a.m. Suggest removal
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