I'm coming into a Franchise Business that will lead me to a better life, Emotionally, Finanially and at the end - Spiritually !
Am looking at few concepts to venture in and currently in the midst of deciding the best one to start with. . . . here are some choices in the market !
Company Name: Daily Fresh Foods Sdn Bhd
Initial Capital: RM45,000 to RM120,000
Franchise Fee: Kiosk = RM10,000
Island Kiosk & Café=RM15,000
Security Deposit: RM5,000
Advertising Fee: 3% of monthly gross sales
Royalty: 2% of monthly gross sales
Company Name: Nelson’s Franchise (M) Sdn Bhd
Initial Capital: RM15,000 to RM46,000
Franchise Fee: RM3,000 to RM12,000
stores and increase its membership base to 500,000 by 2010.
Company Name: LENO Marketing (M) Sdn Bhd
Initial Capital: RM20,000
Franchise Fee: RM20,000
Royalty Fee : 1% per month
Company Name: Station One Products Sdn Bhd
RM60,000 (for initial term of 5 years, includes RM10,000
commitment fee upon franchisee’s acceptance of Letter of Offer)
Setup Cost: From RM450,000 (based on 3,000 sq. ft premise)
Advertising Fee: 1% on gross turnover - payable on monthly basis
Royalty Fee: 5% on gross turnover - payable on monthly basis
Company Name: Smart Reader® Worldwide Sdn Bhd
Franchise Fee: RM30,000 to RM40,000
Advertising Fee: 5% of gross renewal fee
Royalty: 20% of gross fees
Company Name Golden Arches Restaurants Sdn Bhd
Initial Capital: RM1,500,000 to RM3,500,000
Franchise Fee: USD45, 000
Advertising Fee: 5%
Franchising In Malaysia
A Lesson Learnt - Need To Place Issues Into Perspective
Bernama, the news agency in Malaysia reported on the 8th of September last year that 30 franchisees were facing problems related to financing and were facing the possibility of being declared bankrupts as a result of not being able to service and repay loans between RM100,000 to RM400,000. It had been reported that they became victims of the franchisors involved.
These franchisees who had chosen several franchise systems as their business ventures also suggested that the government also terminate financing programmes for the franchisees.
Obviously this call is out of place as many other franchisees had benefited from such financing programmes.
Dear friends !
Please leave your comments or feedback on the ideas !