Jan 16 2008, 04:01 PM
QUOTE(techventurer @ Jan 16 2008, 04:56 PM)
Decided to start a franchising thread because seems like there is quite a bit of interest in it (including from me) but most of the discussions are hidden in threads about "Business for RM50K" and franchising doughnut shops and MacDonald's.
Shall start off with a few basic questions:
1. Must all franchises be owned by a registered partnership/company?
2. Can a franchise be owned, or part-owned by a foreigner?
3. Are there really franchises that you can get for RM50K, with monthly costs (fees, manpower, rent) below RM5K?
For me, I'm interested in franchises in the F&B and computer industry.
1. Franchises owned by a registered partnership/company ( true )Shall start off with a few basic questions:
1. Must all franchises be owned by a registered partnership/company?
2. Can a franchise be owned, or part-owned by a foreigner?
3. Are there really franchises that you can get for RM50K, with monthly costs (fees, manpower, rent) below RM5K?
For me, I'm interested in franchises in the F&B and computer industry.
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.
This post has been edited by wenjie86: Jan 16 2008, 04:03 PM
Quote
0.0138sec
0.47
7 queries
GZIP Disabled