QUOTE(jinn27133 @ Nov 11 2021, 12:52 PM)
never thought of that, thanks alot for your insight.
But i currently looking at franchise brand more which they charge 2% of A&P on sales every month.
i would say 2 franchise brand to choose from.
1 really branded already with 6% royalties and 2% A&P. 500-600k startup include everything
another one is not branded with only 2 stalls but the food is ok, review ratingg is 4.8+. thy charge only 3% royltties and with 250k startup (include eveything too)
wonder which has bigger chance to survive and maybe earn me some cash
The problem with franchise is that you're very much at the mercy of the brand's marketing, so your ability to generate sales of your own is quite limited. However this also depends on the arrangement with the brand owners, I know some franchises are given more freedom.
Though keep in mind that even if well branded, you'll still need to spend some money and effort in local promoting, can't 100% rely on the brand. Better to go in with a mindset that you need to promote than to rely on external forces, otherwise you almost guarantee mati.