1. Are you qualified to operate a franchise successfully? Do you have adequate drive, skills, experience, education, patience and financial capacity? Are you prepared to work hard? No, I still a freshman starting the business and it was the first brand that I bring into Malaysia. Yes, I would not be in this franchise business if I didn’t have all the qualities that you mentioned just now.
2. Are you willing to sacrifice some autonomy in operating a business to own a franchise?
Yes, they wouldnt grow so fast if they didn’t know what they are doing.
3. Can you tolerate the financial risk? Would business failure wipe you out financially?
Yes. No.
4. Can you juggle multiple tasks simultaneously and prioritize various projects so that you can accomplish those that are more important.
(Were not able to get the answer)
5.Are you genuinely interested in the product or service you will be selling? Do you enjoy this kind of business? Do you like to sell?
I am a businessman first so I do enjoy working in this business but I playing badminton. That’s why I started this at the first place.
6. Do you enjoy working with and managing people? Are you a “team player”?
I like working with people, everything run smoother and I’m not afraid to make tough decisions. And it is important to work together to ensure good business will continue and maintain a good relationship between me and my partner.
7. Will the business generate enough profit to suit you?
Yes, it might not be very smooth and profitable for first few months but in the long run I think it will bring more profit if I run it well.
8. Has the franchiser investigated your background thorough enough to decide if you are qualified the operate the franchise?
Yes.
9. What can this franchiser do for you that you cannot do for yourself?
(Were not able to get the answer)
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