Questions to Ask Current Franchisees
1) How much does your franchise gross per year? How much does it net? Are the procedures followed to make royalty payments to the franchisee troublesome?
(Private). All going very well
2) Are the financial projections of revenues, expenses, and profits that the franchisor provided me accurate in your judgement?
Yes, most of the time.
3) Does the franchisor give you enough assistance in operating your business?
Yes they support me when I need. They will help me to solve some complicated problem that I encountered
4) How many hours, on average, do you work a week?
It depends, but most of the time was around 44 hour in a week included my lunch time hour.
5) How often do you get a vacation?
It still needs to depend on the situation of the business.
6) Have you been caught off-guard by any unexpected cost or expectations?
No, not yet.
7) Does your franchisor provide on-going training and support to you?
Yes, they do provide job training. Different position of employee has different training system.
8) If you had to do it all over again, would you purchase a franchise in this system? Why or why not?
Yes I would, because this is a great chance for me to make profit from this business.
No comments:
Post a Comment