This situation has become precarious to the economy driven by the enterprises, and to other stakeholders of the enterprise ecosystem such as the entrepreneurs, funding institutions and employees who are harmed by each failed business.

However, franchising, with globally minimal failure rate (15% globally and 5% in South Africa), has proven to be one of the most successful business models in recent years. In both developed countries and emerging markets, franchising ensures business growth and encourages entrepreneurship and skills transfer. It has generated new incomes and improved standards of living in countries where it has been practiced. More specifically, for existing SMEs and new business start-ups, franchising is a means of developing entrepreneurial talent, promoting good corporate governance, increasing transparency and attracting the informal business sector to the formal sector.

Through the services of FBDS, the above mentioned challenges are being mitigated, resulting in Social, Enterprise and Economic developmental impacts in Nigeria.