Tuesday, July 16, 2013

The Interview with Questionnaires and The Answers

Will the business generate enough profit to suit you?
Yes is it! It also earn enough profit for my family too.


Has the franchiser investigated your background thoroughly enough to decide if you are qualified to operate the franchise?
Yes, it has investigated our background to qualify on operate the franchise.


Is the product or services safe and reputable?
Sure, it has go through healthy department and it prove that the supply is save to use.


Is the franchise international, national, regional, or local in scope? Does it involve full-or part-time involvement?
Is international and also involve full and part time.


What services and assistance will the franchiser provide? What kind of training program does the franchiser offer? How long does it last? What topics does it cover? Does the franchiser offer ongoing assistance and training?
They will provide a class for us and exam test supply to make sure that we are understand all the Cosway products. It will take 2 weeks for this training process and 1 week for exam supply. Yes, it will offer ongoing assistance and training once they have a new products.



How much does your franchise gross per year? How much does it net? Are the procedures followed to make royalty payments to the franchisee burdensome? 
PNC


Do you enjoy working with and managing people? Are you a "team player"?
Yes


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, no extra charge.


Does your franchisor provide ongoing training and support you?
Yes, it have support us training.


How many hours, on average, do you work a week?
1 day for 12 hour.
365 days, only 2 days holiday for Chinese New Year.


Does the franchisor give you enough assistance in operating your business? 
Yes



What facilities and equipment are required for the franchise? Who pays for construction? Is there a lease agreement?
Yes, it provide some table, rack, basket, computer and more. Besides that, franchiser will pays for the construction and there will have a lease agreement.


How much is the franchise fee? Exactly what does it cover? Are there any confining fees? What additional fees are there?
Deposit RM10000 and RM20000 for additional fees.


How risky is the franchise opportunity? Is the return on the investment consistent with the risks?
No, there is no any risky on the franchise.


Once you open for business, exactly what support will the franchiser support you?
They will support our stock, commercial and some of the equipment.


What was your greatest disappointment after getting into the business?
No provide any experience assistant.


How effective was the training you received in helping you run the franchise?
The training effective is help me to gain more knowledge about the product and the business marketing  of franchise.


What are your biggest challenges and problems?
The biggest challenge is to hit the target and the problem are too many competitors in this market.


How much money are you making on investment?
Below RM150000. 


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