Thursday, 2 August 2012

A Franchise Evaluation Checklist - The Franchisees

The Franchisees

1. Are you pleased with your investment in this franchise?
Actually, the one invested in this franchise in my friend. I am helping him.

2. Has the franchiser lived up to its promises?
Yes.

3. What was your greatest disappointment after getting into this business?
This brand, Ding Tea is still new and not commonly accepts by people. We got confident in this brand but nowadays consumers follow the trend. We need work harder. If everybody make a comparison of quality of milk tea/tea products, this brand definite is on top. For now, we must work harder.

4. How effective was the training you received in helping you run the franchise?
It is very effective. We know how to operate the franchise.

5. What are your biggest challenges and problems?
As mentioned, we hope more and more people will accept this brand and try it out.

6. What is your franchise’s cash flow like?
It is hard to say as we just opened for 5 months.

7. How much money are you making on your investment?
As mentioned before.

8. What do you like most about being a franchisee? Least?
It is quite okay. It is a must to self thinking for the promotion. I like challenge so it is okay for me.

9. Is there a franchisee advisory council that represents franchisees?
Yes. We call them du dao (督导).

10. Knowing what you know now, would you buy this franchise again?
Yes.

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