With a slogan or “We Don’t Sell Cheap Shoes, We Sell Shoes Cheap”, it has a strong brand name and appeals very well among Malaysians
Franchise in Malaysia
Information being a Franchisee or Franchisor in Malaysia
From McDonald’s to 7-Eleven, Old Town Kopitiam to Papa Rich, there are more than sufficient opportunities in the franchise sector for you.
If you aim to be a franchisee, then you must consider several options. At most times, it is not only about how much money you have to invest. In fact, you might have a million ringgit to start an Old Town White Coffee business but is that the most viable option?
Not all franchises are created equal
This can be quite obvious when it comes to franchises and you can judge them based on their franchise fees. However, this does not mean that paying a high franchise fees means you are bound for success and the same goes for franchise opportunities that are cheaper.
What should you be considering then?
Choosing the right franchise is very much the same as starting a business. It comes from the idea. What you should really consider before jumping into any franchise business is your attitude. As a franchisee, you are most likely some form of an entrepreneur. As such, you need to have some basic skills. You have to be mindful of money and how to manage them because at the end of the day, it is all about profit and loss.
Capital and funding
Since you are going to start your business, you must first know how much you have. Questions you might ask include:
- How much initial franchise fees can you afford? – this will help you to determine which tier of the franchise programme you can get involved in
- how much capital do you have in maintaining the business. You need to have some form of cash flow to last you for the next few months (or years)
- Do you have additional sources of funding that you can seek if you need to in the future?
What is more important than money here is yourself. What is that that you are seeking to achieve at the end of this. What role do you want to play in this business model? Do you want to be involved in the operations of the business or are you looking for something that you can be a silent owner (or partner) and allow others to run the business? This is most common if you are buying a food or retail franchise where you can very much let it be on auto-pilot by hiring people to operate the stores.
Do your homework
Not all franchises are as lucrative as the others. Some brands have been around for years while some have past records that might not be too positive. Chatime in Malaysia has had its up and downs and that is just some of the case stories that you might heard of. Before deciding on the franchise you like to invest in, do some research and find out if they have any past or current litigation or any other pressing issues.
Payment and revenue model
This is one factor you must consider and one which you must ultimately be comfortable with. Some franchisors require an annual payback of profit sharing (usually a small percentage). Some require monthly settlements of profit of the business. Whatever the payment system is, you must understand that the franchisor usually enjoys the most profit. Hence, you need to be aware of such a model and how it works (or does not work) for you.
Having said all that, it is very important that your franchise business get all the support you need from the principal. After all, you become part of their network of branches which means they need to give you the marketing, promotions and any other forms of support that you need in order to let your business take flight.
The brand was established in 1997 by Helen Read which offered plus-size clothing for women of this specific segment. Since then, it has grown by
Food Artists (M) Sdn Bhd 342B, Lorong Kedah Melawati Urban 1, Taman Melawati, 53100 Kuala Lumpur]]>
Elianto Sdn Bhd No. 28, Jalan 6/91 Taman Shamelin Perkasa, Batu 3 ½, Cheras, 56100 Kuala Lumpur]]>
A&W (Malaysia) Sdn Bhd No. 1 Jalan Selukat 33/27 Shah Alam Technology Park, Seksyen 33, 40400 Shah Alam, Selangor]]>
Dave’s Deli (PJ) Sdn Bhd 11A-15, Jalan PJU 1A/12, Taman Perindustrian Jaya 46050 Petaling Jaya Selangor Darul Ehsan Tel: 03-7845 2268]]>
England Optical Group (M) Sdn Bhd No. 1 Jalan Petaling Utama 7, Batu 7, Jalan Klang Lama, 46000 Petaling Jaya Selangor Darul Ehsan Tel: +603-7783
Memory Lane (M) Sdn Bhd #A408 & A409, Block A, Mentari Business Park, Jalan PJS 8/5, Bandar Sunway, 46150 Petaling Jaya, Selangor Darul Ehsan. Tel:
Sinma Franchise Sdn Bhd Level 8, Wisma Pahlawan, Jalan Sultan Sulaiman, 50000 Kuala Lumpur Tel: +603-22732788]]>
Camps & Apparels Corporation Sdn Bhd 31, Jalan Perdana 10/12, Pusat Perdagangan Tasik Perdana, Pandan Perdana 55300 Kuala Lumpur Tel: 03-9274 7559]]>
Hwajing Travel and Tours Block N-26, 2nd Floor, Warisan Cityview, Jalan 3/93A, Batu 21/2 Off Jalan Cheras, 56100 Kuala Lumpur Tel: +603-9200-2929]]>
Apple Hotel Hotelpreneur Development Department, Harvest Paradise Sdn Bhd, 6-4, Jalan Metro Pudu, Fraser Business Park, 55100 Kuala Lumpur, Tel: 018 – 6727753]]>
Ria-Two Sdn. Bhd Unit 31A, Kompleks Selayang Jalan Besar, Taman Selayang Segar, 68100 Batu Caves, Selangor Darul Ehsan. Tel : 603-6131 1633]]>
Nelson’s Franchise (M) Sdn Bhd 7, Jalan Penyelenggara, UI/77, Taman Perindustrian Batu Tiga, 40150 Shah Alam, Selangor Darul Ehsan Tel: 03 5512 8228]]>
Bentley Music Sdn. Bhd Wisma Bentley Music 3, Jalan PJU 7/2, Mutiara Damansara, 47810 Petaling Jaya, Selangor Tel: 03 – 7727 3333]]>
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MALAYSIAN FRANCHISERS Franchisers are essentially quarters or individuals who have a business to sell. This can come in various forms like a running and established