1.2m for 5 years is 240k per annum in franchise fees. Thats 20k per month. I think very clearly the only winner is the franchisor because no way a normal shop will generate enough sales to cover the franchise fees unless it is in super "wong" place. At the end of the day, the franchisee will earn back his "gaji" working there. That's all.

constant,

You are confusing yourself. They are 2 different fees altogether. The first one is the franchise fee (which is a one-time fee you pay for all the necessary tools/knowledge to get you started), and the second one is the renewal fee (the fee you pay to renew your contract).

Ok. Jordy. For paparich, can you breakdown which is which? Thx

If ...if ...if and more ifs.
Will it earn? One thing for sure, if it earns then we will be seeing many of its outlet mushrooming every where, won't we?

hmm.. i called the 99 speedmart number. the lady there said no franchise ?

what is the proper procedure to setting up a franchise (any franchise) in regards to the role of the Malaysian authority, MFA (are they watchdogs or just an association you join?).. like,, if i wanna start a new McDanny's franchise (imaginary), do i have to register with them? or if i buy into an existing franchise, do i have to register with the mfa first, or get approval from McD or Subway oir whatever first, or in tandem?.. thanks..

I'm not a pro...however I will tell you what I know from my understanding...
but if you want to open a franchise such as Mcd,kfc,subway...
the best method is you go to their website and look for information....
fill in the form...
and wait they company to call u if u r qualified...

Only companies who franchise out their businesses needs to register with KPDNKK. You need to approach these companies if you want to franchise a unit out.

Go to KPDNKK, they will help you with more information. They will even give you money for acquiring. If I am not mistaken, RM50K.

May I know how can I know the spending power in the area of the megamall, eg sunway pyramid, pavilion, KLCC, midvalley etc

Stand there for a whole day, I done that before (Ok, it's not me, my guys). Data are useless compare to your own observation.

This post has been edited by recyka: Dec 8 2011, 02:41 PM

What methods do you guys use? How many days to stand there?

many thanks!

Our method is not feasible to you unless you have a team. Just survey around, and you don't need to survey KLCC, MV, Sunway Pyramid and any malls that have similiar popularity. It's a matter of if you want to open and if you are able to (I mean if you can secure one)

This post has been edited by recyka: Dec 8 2011, 03:38 PM

Hmm.. actually just wanted to prove sunway pyramid and pavilion have similar spending power, cause going to take a franchise which is a high end 1..