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.Yes.
2. Is the market’s population growing, remaining static or shrinking? Is the demand of your product or service growing, remaining static or shrinking?
No. Yes.
3. Is the product or service safe and reputable?
Yes of course.
4. Is the product of service a passing “fad”, or is it a durable business idea.
Business Idea.
5. What will the competition, direct or indirect, be in your sales territory? Do any other franchisees operate in this general area?
Yes. Yes.
6. Is the franchise international, national, regional, or local in scope? Does it involve full- or part-time involvement?
No. Yes.
7.How many years have the franchiser been in operation? Does it have a sound reputation for honest dealings with franchisees?
(No answer was given)
8. How many franchise outlets now exist? How many will there be a year from now? How many outlets are company owned?
Around 20. Around 16.
9. How many franchises have failed? Why?
Around 4. Maybe demand drop or economic going down.
10.How many franchise have left the system within the past year? What were the reasons for leaving?
Not sure. Maybe their their system is not satisfy with the franchisor.
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?
Mostly on their equipment and employee training program train the workers about product knowledge.
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, there are not extra charges cause it already included in the franchise fee.
13. Will the franchiser offer you exclusive distribution rights for the length of the agreement, or may it sell to other franchises in the area?
No.
14. What facilities and equipments are required for the franchise? Who pays for construction? Is there a lease agreement?
Mostly is machinery, furniture and fittings. The construction fee mostly included in the franchise fee. Probaly there is a lease agreement.
15.What is the total cost of the franchise? What are the initial capital requirements? Will the franchiser provide financial assistance? Of what nature? What is the interest rate? Is the franchiser financially sound enough to fulfil all its promises?
No. Yes. Yes.
16. How much is the franchise fee? Exactly what does it cover? Are there any confining fees? What additional fees are there?
Depends on the reputation of the franchisor, its cover all the fix assert and decoration.
17. Does the franchiser provide an estimate of expenses and income? Are they reasonable for your particular area? Are they sufficiently documented?
(No answer was given)
18. How risky is the franchise opportunity? Is the return of the investment consistent with the risk?
The increasing of the franchise fee.
19. Does the franchiser offer a written contract that covers all the details of the agreement? Have your attorney and your accountant studied its term and approved it? Do you understand the implications of the contact?
Yes of course.
20. What is the length of the franchise agreement? Under what circumstances can it be terminated? If you terminate the contact, what are the costs to you? What are the costs and terms of renewal?
Mostly 10years. If anything effect the reputation of the franchisor.
21.Are you allowed to sell your franchise to a third party? Does the franchiser reserve the right to approve the buyer?
No. Yes.
22. Is there a national advertising program? How is it financed? What media are used? What help is provided for local advertising?
(Refused to answer)
23.Once you open for business, exactly what support will the franchiser offer you?
Advertisement.
24.How does the franchise handle complaints from and disputes with franchisees? How well has the system worked?
(No answer was given)
