The Franchiser and the Franchise
1) Is the potential market for the product or services adequate to support your franchise? Will the prices you charge be in line with the market?
Yes, massage chair business has already entered into
the family market. We have variety different prices of massage chairs for
different audience needs.
2) Is the market’s population growing, remaining static or shrinking? Is the demand of your product or service growing, remaining static or shrinking?
The market’s population are actually growing,
the demand of product or services are growing as well.
3) Is the product or service safe and reputable?
Definitely yes, every product of us have passed
the experimental before our product release, if there is no standard 95% of
people can use this product, we will never launch this product to this market.
4) Is the product of service a passing “fad”, or is it a durable business idea.
We are running a durable business here for sure,
Ogawa is Malaysian health and wellness retail store established in 1996.
5) What will the competition, direct or indirect, be in your sales territory? Do any other franchisees operate in this general area?
There are no any competitors in Terengganu area;
competitor located about 200km outside of the city.
6) Is the franchise international, national, regional, or local in scope? Does it involve full- or part-time involvement?
Our company is international, our franchise has
exist around 8 countries and 23 cities.
7) How many years have the franchiser been in operation? Does it have a sound reputation for honest dealings with franchisees?
Around 18 years since 1867, we will take our
full responsibility to help and support our partner and give them trust and
respect.
8) How many franchise outlets now exist? How many will there be a year from now? How many outlets are company owned?
The group total of 174 retail outlets in 8
countries and 23 cities.
9) How many franchises have failed? Why?
(Private)
10) How many franchise have left the system within the past year? What were the reasons for leaving?
(Private)
11) What service and assistance will the franchiser provide? What kind of training program does the franchise offer? How long does It last? What topic does It cover? Does the franchiser offer ongoing assistance and training?
There is about 1 week training course be
provided, is about counseling, leadership, and the design of the shop. There is
always having training courses for staff, especially for new staff.
12) Will the franchise perform a location analysis to help you find a suitable site? If so, is there an extra charge for doing so?
Yes, the
franchisees prefer open their outlet that they had investigated and analysis
the location, there is no any extra charge for this, all covered by company.
2) Is the market’s population growing, remaining static or shrinking? Is the demand of your product or service growing, remaining static or shrinking?
The market’s population are actually growing, the demand of product or services are growing as well.
3) Is the product or service safe and reputable?
Definitely yes, every product of us have passed the experimental before our product release, if there is no standard 95% of people can use this product, we will never launch this product to this market.
4) Is the product of service a passing “fad”, or is it a durable business idea.
We are running a durable business here for sure, Ogawa is Malaysian health and wellness retail store established in 1996.
5) What will the competition, direct or indirect, be in your sales territory? Do any other franchisees operate in this general area?
There are no any competitors in Terengganu area; competitor located about 200km outside of the city.
6) Is the franchise international, national, regional, or local in scope? Does it involve full- or part-time involvement?
Our company is international, our franchise has exist around 8 countries and 23 cities.
7) How many years have the franchiser been in operation? Does it have a sound reputation for honest dealings with franchisees?
Around 18 years since 1867, we will take our full responsibility to help and support our partner and give them trust and respect.
8) How many franchise outlets now exist? How many will there be a year from now? How many outlets are company owned?
The group total of 174 retail outlets in 8 countries and 23 cities.
9) How many franchises have failed? Why?
(Private)
10) How many franchise have left the system within the past year? What were the reasons for leaving?
(Private)
11) What service and assistance will the franchiser provide? What kind of training program does the franchise offer? How long does It last? What topic does It cover? Does the franchiser offer ongoing assistance and training?
There is about 1 week training course be provided, is about counseling, leadership, and the design of the shop. There is always having training courses for staff, especially for new staff.
12) Will the franchise perform a location analysis to help you find a suitable site? If so, is there an extra charge for doing so?
Yes, the franchisees prefer open their outlet that they had investigated and analysis the location, there is no any extra charge for this, all covered by company.
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