The Franchisees

15. Are you pleased with your investment in this franchise?

Yes, I'm very satisfied with my investment because I am enjoying with the work.

16. Has the franchisor lived up to his promises?
Yes, they all are help me a lot on my working when I was don’t know how to do the work

17. What was your greatest disappointment after getting into this business?
No, everything was going smoothly.

18. How effective was the training you received in helping you run the franchise? What kind of training or assistance provided by the franchisor to you?
Yes, it's a good training and it helps me to know how to lead my team in business.

19. What are your biggest challenges and problems while running your franchise business?

The biggest challenges and problems while running my franchise business is the communication with the customer.

20. What is your franchises cash flow like? Average profit per day?
No answer was provided

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

Appendix A.A Franchise Evaluation Checklist

Myself

9. Are you qualified to operate a franchise successfully? Do you have adequate  drive, skills, experience, education, patients, and financial capacity? Are you prepared to work hard? 
No. I cannot operate a franchise successfully because I have no such experience, knowledge and skills.

10. Are you willing to sacrifice some autonomy in operating a business to own a franchise?
No.

11. Can you tolerate the financial risk? Would business failure wipe you out financially?

Yes, because I have prepared enough assets to solve this problem.

12. 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?
Yes.

13. Do you enjoy working with the managing people? Are you a "team player?"
I enjoy working with the managing people and they all are very friendly and I can be team leader as well.

14. Will the business generates enough profit to suit you?
Yes. I think I can generate a good profit in few months later.

Questions to Ask Current Franchisees

5. 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?

No answer because it also private and confidential.

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

Yes. They will train their staff to make sure they familiar with their work and they will inform and teach all the staff if there is any updates about the information of their working.

7. How many hours, on average, do you work a week?

The staff say his working hour is 11 hours and 30 minutes per day, start form 10am until 9:30pm, 7 day a week.

8. If you had to do it all over again, would you purchase a franchise in this system? Why or why not?

Yes. He say it is because the franchise is well-organized and systematic and he was learn a lot of things from the franchise.

Question to Ask a Franchisor

1. What is the background company and its performance record?

The manager of the Speedy Video Distributors Sdn Bhd was tell me that Speedy Video Distributors Sdn Bhd is a leading home entertainment expert with over 20 years of experience bringing movies and music alive in state-of-the-art technology all in the comfort of home. They was established since 1989, Speedy Video has gone from strength to strength with over 90 outlets nationwide, making it the largest and widely-available home entertainment chain-stores in Malaysia.

2. What is the company's current financial status?

No answer because the manager say is private and confidential.

3. What are the names, address and phone numbers of existing franchisees in my trade area?

Address:

Lot No.G06, Ground Floor,

KL Festival City, No.67,

Jalan Taman Ibu Kota,

Taman Danau Kota,

Setapak, 53300, KL

Tel: 03-41313583

4. Describe how you train and mentor your franchisees?

We will try hard to train and mentor our franchisees clearly know all the products that we are selling and also how to face with our customer. 

The Environment of Speedy Video Distributors Sdn Bhd, KL Festival City, Jalan Genting Kelang

Speedy Video Distributors Sdn Bhd Website

If you want to know more detail information about Speedy Video Distributors Sdn Bhd, you can visit their website: http://www.speedy.com.my/index.php?route=common/home

Location of Speedy Video Distributors Sdn Bhd, KL Festival City, Jalan Genting Kelang