Sunday, July 28, 2013

Questions to Ask Current Franchisees

1.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?
(refuse to answer)

2.Are the financial projections of revenues, expenses, and profits that the franchisor provided me accurate in your judgment?
Yes.

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

Yes they do. IT business is different with others. So,they will assist me to operate this kind business.

4.How many hours, on average, do you work a week?
All the staff have to work for 5 days a week, 10 hours per day. For Saturday and Sunday, we will hire the part time workers.

5.How often do you get a vacation?
We got 10 days a year.

6.Have you been caught off-guard by unexpected costs or expectations?
No.

7.Does your franchisor provide ongoing training and support to you?
Yes, they will provide training to new franchisees.

8.If you had to do it all over again, would you purchase a franchise in this system? Why or why not?
Yes.Because I can make profit from it.Haha.

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