stop making a fool out of urself

please people, calm down.... don't fight.... hehe...

anyway, there another franchise which is possible.....
"drum roll...." message centre.....!!!! hehe.... it's the alternative business i guess..... but must be prepared that you will have to pay duit kopi if there's any hanky-panky stuff inside.....

Huh???

darknite,

you know what i mean....

Dont want to stir up the heated arguments, but it really spoils the fun here. Its a good discussion on franchise business, nevermind F&B or not, its still a good topic.

junkeat, let Jordy do his work. He contributed alot in this forum alongside cherroy, dreamer101 etc.

Anyway, when talk about franchise, we tend to think of McD, KFC... 7-11 etc. So, its an eye-opener to see other businesses.

wow, just by asking a question, it spark an endless debate. anyway, initially my franchise idea is F&B, eg. Subway. Location in mind is airport.

Just like jogdy mentioned, I don't have experience YET in running a business. I'm an engineer by profession currently. But I always have an entrepreneur heart *wink*. So the easiest venture i can think of at the moment is franchise business. Any good advices & guidances are welcome

Cheers

Good Thread TS! (other than the argument ) although i don see any possibility i can own open a franchise in near time, ... but everything starts somewhere.. so i have began to do research... at least have a better understanding in the business.

Im an interior designer... not sure what skill i can benefit for the business...

TS good luck in opening ur franchise. I'll follow this thread from time to time

No understand what you mean?
I know of an interior designer who operates a franchise kindy with a partner and end up marrying her
So what are your expectations?

how about the local franchise brands?

kamemada,

I agree, we should not let some ignorant kid spoil the discussion. Apart from those F&B franchises, there are HUNDREDS of other franchises across more than 10 industries to choose from, so we should not just focus on F&B alone.

I myself am considering to apply for a kindergarten and travel franchises.

knwong,

My advice for you is to KNOW why you choose the particular business or franchisor. It will help you greatly when attending the interview.

clivengu,

Have you started any type of businesses (medium or small) in the past? How much do you know about business? You see, most franchisors are not specifically looking for people who have skills or experience in the industry they are venturing, but more of the enterprising side of the applicant. So, whether you have experience in the industry or not does not really matter, what matters most is knowing what you need to do in business.

Which ones?

franchising is a risky job, you pay so much and they won't guarantee you whether you'll earn. that's how conventional business runs though. what if i tell you there's a new company in town that eliminates the fee for franchising? some people are skeptical so yeah i'm not going to say more than this.

Guys, there's a site with all the franchise information and listings...its http://www.ifranchiseasia.com

How much franchise a KUMON tuition center????

Thanks for the link. Very nice!

---

Added on March 26, 2010, 11:12 pmBased on the site given by playlife below;
http://www.ifranchisemalaysia.com/kumon-fr...y.html#more-794
Franchise Fee: RM2,000 per subject
Subject Offered: Mathematics & English

You may contact them personally for more infos.
Company Name: Kumon (Asia & Oceania Pte.Ltd)
Tel: +603-2093 9040
Fax: +603-2093 2460
E-mail: information@kumon.com.my


This post has been edited by kamemada: Mar 26 2010, 11:12 PM

sellerlol,

Kumon charges the franchise fee by subjects. The fee for each subject is RM2,000.

Thanks for the info.

Nope I have 0 % knowledge in business. And my family and friends never involve in similar field. I do a bit of googling and survey seems and I find that I'm very interested in thr subway franchise. It seems to have lower franchise fees and the system I find is easier to manage. Training and other support will b given. To me, it seems to b a more realistic n possible to have a smaller scale business like this , compare to McDonald's etc giant one. Even small... but it will still require up to rm 300k ++ to start running the business. Will require bank loan of course... up to 70% ... if all goes well the final question is... will it earn ?

If monthly couldn't earn more than rm 8 to 10k ( after deduct all others rental, loyalty fee , salary etc & bank loan!) I don't see the point of starting the franchise . How do u find?

In the above, do you mean franchise fees alone is 1.2m for papa rich and that only for 5 years? After that?

clivengu,

I have absolutely NO passion in the food industry, so I think I am not suitable to comment on the franchise. Regarding the other issues, I have replied in your thread.

constant,

Usually, franchise license is only valid for a few years (as agreed), but you will have the option of renewing it upon expiry. The reason for that is for them to evaluate your performance (to keep the standard of their businesses).