This is not the case, because you will have to fork out such huge amount of money. Normally people wont have alot of money if they were to setup their own business. Normally frm small->large. No body can afford to fork out 1-1.5m to start a new business if they're not entrepreneur or self-employed before. So this argument is flawed.

Not all franchises cost 1-1.5 million, some are available for 5% of that amount.

Also, do note that I did say it MAY (as opposed to WILL) be a stepping stone to an owned business. For example, there are cases of people buying a single-unit franchise to build up knowledge and experience, and after that making use of these to launch their own shop or chain to compete directly or indirectly with the original franchisor. Things like this do happen in the business world.

how much percentage normally a franchisor takes...10%?

Time to kickstart this thread back to life!

I have visited and spoken with several F&B franchisors and shortlisted two based on the following criteria:
- Responsive to my emails, phone calls and questions
- Franchise fee + start-up capital less than RM100,000 (this rules out big brand names like MacDonald's, KFC, Delifrance, Starbucks, Secret Recipe)
- Attractive brand positioning
- Stable sales at existing outlets
- Reasonable well prepared franchise procedures

The two franchises are 1901 Hotdogs and Daily Fresh, both have over 50 outlets across the country and still growing. I am now seeking 1 or 2 partners who are interested to joint venture with me to set up a franchise outlet in their area. Start-up costs, monthly costs and profits will be split according to a profit-sharing ratio to be discussed in more detail.

If you are from KL or any of the bigger towns in Sarawak, Johor, Melaka and Negri Sembilan, have at least RM30K to invest, and interested in venturing into the F&B industry, drop me a PM and we can discuss further.

Cheers,
Sam

why have your own business when u can franchise?  heheh.. same thing..

why franchise when you can have your own business !

congratulations!
but your time is tied up in the shop. you cannot go anywhere.. work eat work eat laundry..
wish you open 2nd ,3rd 4th branch..

how much roughly to open a 7-11 ?

is petrol station are franchise business also ?

if it is, I sure most prefer

are petrol station and follow by food franchise

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Added on January 22, 2009, 6:50 pm

I asked already, 7-11 is not a  franchise. They will not  franchise  also. That why alot shop decorate similiar with 7-11.

50k cannot la...Open a dailyfresh kiosk also cannot...

Anyone here looking for petrol station business ?