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Oocha Franchising

Joined
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I'd like to apply for a franchising of the newest tea in the world of franchising. I backout on my plan to apply. The reason is it's franchising fee which is huge for me. It's $20, 000, equivalent to 1.2 million pesos. My saving is more than that but there are other fees to consider like advance 5 months rents in a space in the mall , permits and more. I am also thinking on how many months could I recover the capital. I need time on this.
 
Twenty thousand dollars is pretty high, over here that's more than thirty million in our local currency.
That's a new milk tea. The contents are different from what I'm selling now. The cups are also appealing but the franchising fee is high as mountain. I have to wait for two years because the franchising fee might reduce.
 
You can look at the business and see if you could make it with their fees and payment after deducting your profit. Some franchising don't come cheap.
Yes, and I was lucky when I decided to apply for franchising of my milk tea business, the fee was only $ 1000 . This time, all franchising fees are getting higher.
 
Yes, and I was lucky when I decided to apply for franchising of my milk tea business, the fee was only $ 1000 . This time, all franchising fees are getting higher.
The hike might also be due to inflation which have affected almost areas of the economy
 
The hike might also be due to inflation which have affected almost areas of the economy
You're right mate. All items are getting expensive this time. I no longer go shopping. I am afraid I cannot control myself to spend.
 
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