Jan 21 2008, 07:23 PM
QUOTE(wenjie86 @ Jan 16 2008, 04:01 PM)
1. Franchises owned by a registered partnership/company ( true )
2. Yes, can be partly owned by a foreigner but only 30%
3. Depend on what type of franchice.
Well, you need to make a research on Location, Population, Cost, and worst case scenario. f&b can be franchise but it doesnt mean that everyone has the same taste
just my 2 cent
Added on January 16, 2008, 4:03 pmfranchising McD is not that easy as we think.
you need to be prepare to give all you income for ( not sure how long ) to McD company as franchise fee. i think is either first 3 months or 6 months then you only can "OWN" the profit.
after that, every year you need to pay certain franchise right to McD company... not sure how much again.. count by % of your revenue.
For McD I think you need a million or two to get their franchise. I know I read it somewhere. But I forgot2. Yes, can be partly owned by a foreigner but only 30%
3. Depend on what type of franchice.
Well, you need to make a research on Location, Population, Cost, and worst case scenario. f&b can be franchise but it doesnt mean that everyone has the same taste
just my 2 cent
Added on January 16, 2008, 4:03 pmfranchising McD is not that easy as we think.
you need to be prepare to give all you income for ( not sure how long ) to McD company as franchise fee. i think is either first 3 months or 6 months then you only can "OWN" the profit.
after that, every year you need to pay certain franchise right to McD company... not sure how much again.. count by % of your revenue.
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