Proven experience ko, Start small. Hirap maghabol ng ROI, need ko lng deny ego ko when starting small, in case magfail, madali mag re course.

@salee_talks

17 күн бұрын

thank you for sharing 🙏👍❤️

@juantamad6576

7 күн бұрын

Exactly the advice of Ramon Ang, start something with just a small capital.

The idea and i believe what i strongly believe now is.... "Be your OWN Franchise" it is worth the effort and suffering to endure as the reward is fully 100% yours.

@salee_talks

18 күн бұрын

thanks for your insight. 👍

@Gigaster

14 күн бұрын

ay pag meron ka kasing trabaho mahirap yang ganyan. Kaya yhung nag franchise yung iba kasi dahil meron na system sila na susundin.

Hello! I also started in the food business, and I understand how challenging it can be. There are some who seem to be more fortunate, but as a cook by profession, I know the important factors to consider when franchising a food business. Maybe it just wasn't the right time for you. However, as entrepreneurs, we must maintain a mindset of perseverance and never give up or quit easily. Success often comes to those who are patient and persistent, continuously learning from their experiences and striving to improve. Your journey in the food business, no matter how difficult, is a valuable learning experience. Keep your determination strong and your goals clear, and don't hesitate to seek advice and support from fellow entrepreneurs. We are all in this together, and it's through our collective efforts and shared wisdom that we can achieve our dreams. Full support from a fellow entrepreneur with a Pinoy business mindset here in Canada. Let's keep pushing forward and turn our challenges into stepping stones towards success.

@salee_talks

8 күн бұрын

thanks very much 🙏🙏❤️❤️

Thank you for sharing this. Hearing these from different people spreads awareness for everyone who is looking into entering a franchise business. I almost started a food business franchise this year. Admittedly i was blinded with all the details that they presented. I paid the reservation fee on the spot and in the process of getting a bank loan. After telling this to some of my friends, i was advised similar to what was mentioned here. Luckily a franchisee was willing to answer my questions in running the business. I decided not to continue with it due to lack of financial cushion if i will ever be in the same situation that the business/branch had.

@salee_talks

13 күн бұрын

thanks for sharing 🙏

Thank you for sharing your experience Salee!

@salee_talks

5 күн бұрын

My pleasure 🙏☺️

Thank you for sharing this. Small business owners make our country run. Hopefully you get to succeed on your next endeavor.

@salee_talks

3 күн бұрын

thanks! all is good 👍❤️🙏

Hi. First time watching your vids and already subscribed! Thanks for the detailed walk thru on how franchising works. Continue to make videos as open as this 🎉❤

@salee_talks

5 күн бұрын

thanks for watching and the comment.. appreciate it! 🙏❤️

Great content! This info is very relevant to all of us looking to go into the franchising business. This is real life story and is an eye opener. We can all learn from this. There is a saying that a smart man learns from his own mistakes but a wise man learns from other peoples mistakes so that he will not make the mistake himself.

@salee_talks

3 күн бұрын

thanks! now be the wise man 💪

very informative. .thank you for sharing

@salee_talks

16 күн бұрын

welcome and thanks for watching 🤗

I feel for you. Maybe not the right time for that kind business. Definitely lesson learned an expensive one but you certainly became wiser and took in valuable insight should you have plans in the future. Franchises really have strict rules since you're typically running their branch for them, some would find that appealing but personally I would rather go about it my own especially if you value your own ideas etc. As a cafe owner myself, I do have the same struggles you mention which I think a lot of business owners can also relate. Owning a business is not all rainbows and sunshine, it requires a lot and one should be prepared for unforseen setbacks. Yep like you said just stay resilient and always, always be open and adapt to the changing times.

@salee_talks

15 күн бұрын

thank you very much for sharing and your comment.. I'm sure many will be enlightened ❤️😊🙏 God bless

The last statement concerning "hardwork" is spot on. Everything of worth does require hardwork

@salee_talks

14 күн бұрын

💯👌

Good advices. Thanks!

@salee_talks

14 күн бұрын

Glad it was helpful!

I appreciate the honesty of this video ❤

@salee_talks

8 күн бұрын

thank you

Good watch. Thank you.

@salee_talks

13 күн бұрын

Thanks for watching!

I'm also a franchise owner. Everything you said is true to a tee. Rent is exploding right now and some small franchise would opt out due to the high cost, unless you're a company with a lot to lose. Employment system here is absurd as many employee would be like a knife on your back when you employ them, most would be trying to milk you thru the law. Govt support for businesses here are non existent, but there's a caveat wherein you exploit the system to the fullest, not making regular employment and not paying rent and other amenities on time would garner success of a business. Top companies would do this as their employees would really fight for that regularization spot. A total angel of an employer would really go down a rough path to get employees, yet they'll stab at your back when it present itself. Government would look out for the tiniest mistake they make, but you'll have to shoulder the penalty. Rent would eat most of your sales, and they'll keep on jacking up the rent price

@salee_talks

9 сағат бұрын

thanks for watching and sharing your experience.. it is indeed a painful experience.. lots of lessons learned.

thanks for the insight, this is a first insight ive seen regarding sa failure ng pag franchise

@salee_talks

Күн бұрын

@@FuraiFuru you're welcome

The minimum monthly supply purchases is a huge red flag and should be deal breaker

@facedust07

2 күн бұрын

@@vender68 true, ginawa siyang tagasalo ng benta o ginawa siyang sure buyer ng franchise tsk tsk evil company

@johndionedelosreyes5267

Күн бұрын

Targets are normal...

Thank you. Im planning to franchise soon. At least I have the idea. 😊

@salee_talks

10 күн бұрын

you're welcome

@hilman94

Күн бұрын

@@salee_talks yepp, thanks.. my friends and i want to start our own f&b business, and we have disagreement whether we should start our own brand or take a franchise. i will show this video to them, because our "research" approach is more on "random" and not structured.. but your video shows significant aspects to be considered before taking franchise.. 😊

Thank you for sharing!

@salee_talks

12 күн бұрын

welcome 🤗

Thank you for the info :) that is why I choose an online business where I don't need to worry about location and I can do it anywhere I want. By just a laptop cellphone and a wifi :)

@salee_talks

8 күн бұрын

yep! love it 👌

Start small, think BIG. Do your homework. Lesson learned😊

@salee_talks

7 күн бұрын

thank you 🙏❤️

This was very helpful, and I supported your content by not clicking the skip ads button =) new subscriber here =)

@salee_talks

7 күн бұрын

thank you very much...your support means a lot to me 🙏❤️

90% of your concerns are not because you franchised . Those are the normal problems that new business owners will face franchise or not. Food business is really hard.

@salee_talks

15 күн бұрын

thanks for watching

@pierre-rose7783

7 күн бұрын

True, it is hard, yet sounds like it is so simple !

@gambitgambino1560

Күн бұрын

@@salee_talkssaan ba yan? Kakain ako dyan

@readerviewer9177

23 сағат бұрын

Yes po, Ma'am. Saan po matatagpuan iyan?

Good and honest feedback

@salee_talks

4 күн бұрын

thank you

Thank you for sharing

@salee_talks

13 күн бұрын

You're very welcome

Salamat po sa info. As an ofw planning to buy a franchise

@salee_talks

12 күн бұрын

welcome po 🙏

Ang mga nagpapa-franchise kasi ang pokus nila mass-sell products nilang wala nabili. 😊 Saka hindi naman nila target yong magsucceed ang franchise nila. Pag nakabayad na, ang concern na lang nila is pano makatulong mga to as buyers of their unsaleable products. Maganda lang sila sa umpisa. Marami sa mga nagpapa-franchise pumuntang school namin at iyan na notice ko na common characteristics nila.

@salee_talks

16 күн бұрын

thanks for watching and the insight 🙏😊

@jayfranklin6776

9 күн бұрын

True! Kaya wag basta2 magfranchise.

Location location location for the right franchise for the right area. Good luck. It’s a partnership. It’s not about you or the franchise it’s about the people you will serve.

@salee_talks

4 күн бұрын

thanks

Usually the process is the franchisor will do a site evaluation base on their target market. Location is a big factor for success.

@salee_talks

16 күн бұрын

yes indeed. thanks for watching 🙏

@youthy15

12 күн бұрын

I just listen up to 4:21. One of your red flags is you can't change what on the menu. Beside forcing you to buy their products even if slow moving. Bases on your experience as Restaurant owner/operator in Canada. Those are the problem you notice as experience restaurant operator. But the Franchise still keep on existing whatever they like even at your losses. Franchise are for Newbies while like you just better to start your own brand

Location is very important. In our neighborhood, there is this area where I noticed at least 3 "different" stores who rented it already. But all 3 of them aren't successful. All closed.

@salee_talks

14 күн бұрын

agree 👌🤗

@romeoraya9175

8 күн бұрын

Be ur own franchise

napansin ko sa pinas maam pag mga tapsihan ang target talga dyan is mga low to medium class. so pag nagsetup ka ng restaurant tapos yan ang menu mo mahirap bumenta. Mas okay yung parang style turo turo para makamasa style ang dating.

@salee_talks

16 күн бұрын

yes tama 👍

Hi! Same here and i feel you, its a big lesson learm for me po🙏

@salee_talks

9 күн бұрын

thank you 🙏❤️

i worked in a commissary before and i never thought ganito pala ang struggle ng franchisee ng store/restaurant, now i understand yun challenge as r&d na magiging shock absorber sa frustration ng management committee sa mga hindi kumikitang sku at palitan ng bagong sku, minsan napapahinto na lang ako sa mga gilid gilid na mga food stand sa kalsada na tinutumpukan ng mga tao at tikim tikim sa magiging new prospect flavor ng masa

@salee_talks

7 күн бұрын

thanks for sharing that 🙏

The hard truth is most franchises fail because the ultimate control rests on the franchisor while franchisees take the risk financially. Franchisees are basically outlets who are willing to gamble they will be successful by following a business model they have very little control of with no type of guarantee of return. Even a McDonald's franchisee still needs to shell out over $1M and must wait several years to get the return on their initial investment.

@salee_talks

7 күн бұрын

thanks for watching and sharing that 👍

The food industry is saturated now. You need an original niche, good location, and demographics of how much the average person is willing to spend if you can get them in the front door. Then, there is the operations side of things that has a whole host of challenges. Food prices are high now, so profit margins are squeezed tight. Our restaurant failed, and we were thinking of getting back in, but as things stand now, I will not, certainly not foods.

@salee_talks

9 күн бұрын

very good points and yes I agree 👍 thanks for watching

that depends on the restaurant.

Thank you

@salee_talks

13 күн бұрын

You're welcome

We just bought a business in the phils and yes there's always something need to improve or address, and that include $$$$. Best thing the market has established a bigger niche for the past eight years..not franchise anyway

@salee_talks

15 күн бұрын

thanks for sharing 🙏

I did the same mistake pero sa foodcart lang. I realized that selling perishable goods is not that practical for a newbie businessman. So recently I decided to start a laundromat, at least di basta masisira yung sabon, di na din aq nag franchise, nag build nlng kami ng sariling brand, sa service nlng magkakatalo yan hindi sa name.

@salee_talks

2 күн бұрын

thanks for sharing 👍

Bukas pa po ang resto nyo Maam? Plan ko din mag franchise, but thanks to this video, kelangan kong i reconsider yung ibang mga nasa plano ko.

@salee_talks

15 күн бұрын

nope, 7 months only in operation. There is no coincidence that you watched this video. God bless

@bladeofmiquella1887

15 күн бұрын

Hi, lesson na dapat matutunan ng mga nag pa planong mag franchise. Wag magpa franchise sa isang product na kakailanganin mong gumastos ng malaki para sa pwesto. Minsan, yung inaakala mong malakas na pwesto, e mahina pala in reality. Hindi mo maililipat basta basta yung business dahil sa laki ng ginastos mo. Gagawin mo lang yan kung ang ipa franchise mo ay mga super well known brands like Jollibee, McDo, SB or the likes. Kung kelangan talagang mag franchise, piliin mo yung mga naka food cart or ung mga collapsible lang like Shomai House, Master Siomai, Waffle House. Reason? Maililipat lipat mo kung saan malakas at kasama yan sa provision and agremeent. Or, kung gusto mo tlga ng resto at least mag develop ka ng sayo. Like, seriously, why need the help of a franchise company to cook Tapsilog or Longsilog? These kind of food are already sold sa panlasang Pinoy so ang hahanapin mo na lang tlga ay magandang pwesto. Lastly, mamuhunan ka lang kung kaya mong mawala yung puhunan mo dahil ang business ay sugal na may 50/50 chance of losing and winning. Just my 2 cents.

I have the same experience. Overall, i can say doing business in the Philippines is hard esp food business. Pinoys are really hard to please when it comes to food.

@salee_talks

Күн бұрын

thanks for sharing that 👍

Stay away from small time franchises. I've read a lot of franchise agreements, most if not all are geared to fill the franchisers pockets the quickest way possible since the food business is very volatile. Just start your own brand, source your own raw mats that way youll have complete control and sooner or later youll be the franchiser instead of the franchisee.

@salee_talks

7 күн бұрын

thanks

I started a restaurant bizness in Philippines coming from Australia. It was a nightmare. If your happy spending 1000 pesos to make 100 pesos. Then go ahead, u need to be present at all hour's of opening to set a good example. Philippine workers are good, but need good leadership or else they will just doze off or go on their phones and not pay attention. Its alot of work for minimal profit

@salee_talks

12 сағат бұрын

thanks for sharing your experience 🙏

It’s business. Every business has its own risk even if it is Franchise. In life there’s no certainty.

@salee_talks

13 күн бұрын

yep thanks for watching

I lost a lot of money in franchising. What I would have done differently, I will never franchise unless it’s Mang Inasal. But seriously, I would rather invent and spend on R and D.

@salee_talks

20 сағат бұрын

thanks for sharing

I had my restaurant and i failed. Thanks God im gone from it and left gracefully

@salee_talks

14 күн бұрын

thanks for sharing 🙏

Based on your experience they are like MLM's. You have to buy every product even if it is unsaleable. So if that's the case what will you do with those products? And you have a quota which will add more burden. It is better to create your own product.

@salee_talks

16 күн бұрын

thanks for watching

The best franchises in the Philippines are Jollibee, McDonald's, and Mang Inasal its always busy non stop of people lining up and profitable though these franchise are expensive

@salee_talks

16 күн бұрын

yes 👍💯

@johnlove6194

15 күн бұрын

Not so fast . . . - If you are renting, chances are your landlord will jack up your rent when he hears the sales register ringing. And according to commercial lease laws, and thanks to Asian crab mentality, the landlord can push your rent to the roof upon renewal. - Are you aware that the franchise fee you fork out has an expiration? And usually the renewal of the franchise would cost you more than you originally spend? - There are a lot of Jollibee/Mcdo franchisee who don't anymore renew their franchise, it would help if you ask them why they quit. Good luck, you need it.

@analizaviernesto7012

15 күн бұрын

That’s what you think. You will know once you sign up for them. Walang katapusang gastos

@elimarrosales8930

13 күн бұрын

@@johnlove6194wow…na eexpire pala . Nasa 20M yta franchise fee now ng mga ganito..

been working in F&B all my life, and i felt like with all my experience ready nako to own and run myself, pero everytime na uwi ko sa pinas di ko nakikita sarili ko na mag start dito sa sobrang risky kaya natatakot ako,minsan naiisip ko baka hanggang pangarap ko nalang ang mag open ng sarili ko, mas takot din ako sa franchise considering sa dami kong idea tapos ililimit lang nila ako sa hindi pwedeng gawin,salamat for sharing this...

@salee_talks

15 күн бұрын

you're very welcome. there's a reason you found this video

@desquitadoable

15 күн бұрын

@@salee_talks parang mas mahirap ang competition sa pinas kesa abroad,maybe sa tipid ng mga pinoy at sa sistema dito?i hope you bounced back from this bad investment

@salee_talks

15 күн бұрын

yes thank you.🥰 it happened many years ago and we already bounced back stronger than ever. 😊🙏 Running a business in the Philippines is really different from Canada, gagamayin mo lang talaga at aaralin. 👍👌

Do first a strategic planning, analyze the location, target customer, 6 months or 1 year back up for your finances and last your restaurant should have different niche

@salee_talks

14 күн бұрын

thanks for watching

was this retiro base fast food? 😅

Failure it's part of success mistakes it's made to learn to grow but the tuition fee it's expensive

@salee_talks

18 күн бұрын

agree and you must really learn the lesson 😔

jusf curious, is your tapsilogan still in operation?

@salee_talks

5 күн бұрын

nope...only 7 months in operation

Franchising is a good business but as franchisor, that can be a struggle. Kasi matic kita agad sa franchise fee then s orders ng raw mats s knila mo din bibilin. Then the appliance and equipment, they can compel u to buy sa kanila only then may markup n nila din un. Design and construction also. Kaya if u are starting with a franchise, dpt ung subok matatag na.

@salee_talks

11 күн бұрын

yep exactly 👍💯🙏

what was the franchise’s name?

Jn din nag-struggle kapatid kong pumasok sa franchising. Sa una lng po ok then paunti-unti nawala na.

@salee_talks

19 күн бұрын

thanks for sharing 👍🤗🥰

madam, as a restaurant manager for a long time, opex can be controlled. baka kulang lang sa maayos na management. but kudos to you for having the courage to jump in food business

@salee_talks

7 күн бұрын

i admire you for being a restaurant manager for a long time.. I clearly don't have that skill and maybe food business wasn't meant for us.

@vonescueta

7 күн бұрын

@@salee_talks if you guys wanted to do food business again, I can def help you with the processes. for FREE hehehe :) just wanted to help fellow Canadian :)

dapat una mong ginawa is computation debit credit then dun mo malalaman kung kumikita ka ba o hindi. things to consider is yung overhead expenses. permits, sahod, electric bill water bills , etc. if renting lalo na malaking gastusin yan vs yung pumapasok na income. Location, tapos yung kakayahan ng mamimile bka naman isang kahig isang tuka e di makakabile ng menu yan. Magandang location is lapit s opisina twing lunchtime duon n sila bibile, churches etc.

@salee_talks

9 күн бұрын

good points. thanks for watching

I thought you where going to say you bought a McDonalds or a Jollibee. You bought one of those unknown small start up franchises that has logistical issues and don't even have a marketing program. Go buy a branded franchise,its all professionally time tested and proven. Got to spend money to make money.

@salee_talks

15 күн бұрын

thanks for watching

@kidkud10

8 күн бұрын

Yes pag ng franchise k at least may 100milion k

@MARCBEA1

8 күн бұрын

@@kidkud10 35 million only for a Jollibee franchise, pocket change.I use that for gas money.

@jakerex32

2 күн бұрын

​@MARCBEA1 35 Million? Pinang loload ko lang sa RFID un eh 😂😂

@MARCBEA1

2 күн бұрын

@@jakerex32 hahahaha

I have a same experience.I am struggling now

@salee_talks

8 күн бұрын

i hope you can recover very soon.. trust God has better plans for you 🙏🙏❤️

Buying Franchais is not owning a brand but reality is to buy yourself a job, viral is subjective to individual objective

@salee_talks

11 сағат бұрын

thanks for sharing

Mas maganda maghanap ng franchise ky Boss RDR tapos ang dami mo pang makukuhang valuable information about business maam salee..

@salee_talks

18 күн бұрын

thanks!

When i retired in the govt service , kailangang may sustanable income kahit maliit , luckily on the same year nakapagumpisa ako ng business and would you believe I started with only glass estante and until now Im still using with only one estante at kahit paano kumikita naman , Hindi ako naghahangad ng malaking pwesto dahil mahal ang renta , since 1998 to present the space is still 1 by 2 sq mtr.

@salee_talks

7 сағат бұрын

thank you for sharing

The frachisor will show you all th3 great things about the company products, benefits, profit, Fast ROI etc.., all you need to do is to think 100x! 😅

@salee_talks

18 күн бұрын

yep! and we only think like 10x 😫

@akolangito4209

18 күн бұрын

@@salee_talks if you are willing to spend and not waste your money better to franchised a high successful rate like potato corner or siomai house or much better create your own........

@salee_talks

18 күн бұрын

yep that's a good point as well 👌

Upon watching your video, i think the main root of your problem is you bought a franchise, judging by the franchise fee, i assume its not as big as you thought their brand is. I also planned buying a franchise when we were just starting. But decided to make my own brand. the biggest take away with franchising is you cannot innovate or add menu's of your liking, you're stuck with the menus they are offering which will hold back your growth and not being really hands on to your restaurant. You already have a restaurant in canada you should've had a lot of knowledge about running a restaurant and still not confident of making your own brand.

@salee_talks

6 күн бұрын

thanks for watching. All good, lessons learned.

Hello maam, may alam po kyong Hiring Amazon PR or ng papa out-source.. tia

@salee_talks

19 күн бұрын

wala po

Location is the key lalot tapsihan business kayo. It's not like a small kiosk na either coming to office or going home buyers ang target nyo. Foot traffic is really important. I used to work as an Operations Officer for a bakery chain naman but sadly, most of the franchise na nag co close is mismanagement kasi di maayos pag handle ng tao (tapos walang pang knowledge on baking din ang owner), so pag walang baker, sira operation ng bakery.

@salee_talks

7 күн бұрын

thank you for sharing

I am also a coffee shop owner it’s in Bohol, Philippines, 5 months after II open my cafe I moved to the US because my immigrant petition was approved that was 2023 and up until Now I am still remotely managing my cafe, pay my suppliers thru g cash, monitoring sales and inventory while working and starting my life in the US. I visited the Philippines for about 4 months and there was a significant increase in sales while I was there, and now that I am back in The US sales were challenging again, I still continue running this business with all the challenges so still hoped that one day all my efforts will be worth it because I still believed in the Brand I created from the heart..

@salee_talks

14 күн бұрын

nice to know.. care to share the name of your cafe and will pay a visit next time we go to Bohol. We went there in October and the whole family loved it. Planning to go back and do whale watching 😊☺️

@clementraymundhordista9948

14 күн бұрын

Thanks for visiting Bohol and I’m glad you loved our Humble place.. I am planning to visit again there too maybe early of next year, the Cafe’s name is Brewhol (combination of brewing coffee + Island of Bohol) it’s a small humble cafe situated in our old ancestral house which was build in the late 50s :)

@salee_talks

14 күн бұрын

wow we will keep that in mind next time we're in Bohol. 🤗 Thanks for sharing 🙏

@clementraymundhordista9948

14 күн бұрын

@@salee_talks you’re welcome and thanks also for sharing videos with us :) are now guys back in Canada or still in the Philippines? :)

@salee_talks

13 күн бұрын

yes no problem. we are still in the Philippines. We are in the middle of training, hiring people, making sure all the staffs are properly trained so that the business runs smoothly while we are away. We probably will go back every 6 months or so depends on how things go...will see. 😊

Ano ang name ng restaurant po?

I've yet to meet someone with a 1.000 Batting Average in their business life

@salee_talks

18 күн бұрын

I've started a few with little to no money 👌

@MARCBEA1

15 күн бұрын

I'm a businessman with 3 operating businesses. For every 1 that is operational and generating revenue you will in your early days close 2 businesses for every 1 that is successful. People think it's a one time big time, guaranteed success ike the lottery jackpot. Nooooo!!!!!! It's like any career you have to be good at it, you have to love it because perseverance is one of the aspects of it, problem solving, managing, forecasting, accounting and knowledge in the market. You see there's a lot of things involved, it not as simple as it looks. You have to love what you do if you will last. Sorry no one time big time......

I think because of your beauty, maybe a Watsons was a better investment?

@salee_talks

3 күн бұрын

thank you ❤️🤗 been considering that but this time create my own brand instead

What’s the name of the restaurant?

@glenncapalad6237

18 күн бұрын

The TapsiShop

OK lang Ate RN, if u fail u are not alone many are bankrupt some are in turmoil as the victims Of Scams pyramiding or budol 😊

@salee_talks

12 күн бұрын

thanks!

You failed to do your research. Signing 'anything' during the first meeting is a no-no, especially if there is a huge cash outlay expected. Everything that you mentioned about expenses associated to being a franchisee, the franchise rules (what you can/cannot do), employee training, etc, those are all obvious and common things for franchises. The restaurant business is very competitive. It takes a minimum 18 months to 3 years to break-even. That is if the restaurant even lasts that long. Another important thing is location, location, location.

@salee_talks

20 сағат бұрын

thanks for watching and sharing

here is why franchises fail. 1.) cost of renovation/ rent. 2.) high cost of goods. 50 percent. + percentage off gross sales. 3.) off that profit, you have to pay for labor, rent, spoilage, utilities, roi for the cost of construction, gross percentage. and to top of it all, taxes. business tax, property tax, etc. you basically get nothing back

@salee_talks

8 күн бұрын

thanks for watching

Same here. It was a nightmare.

@salee_talks

15 күн бұрын

thanks for watching and sharing

Wary of franchises that maybe aren't decades old operating, especially those that went viral. They're only after the money and cashing in on the hype generated. I would also avoid those famous franchises selling siomai, etc... unless one scouts the area of interest, feels like they're over saturated.

@salee_talks

12 күн бұрын

thank you for watching and the comment 👍

Before po kayo nag decide and do d franchise u should 1st check the business plan, the supply and demand,location and the expenses. Iba padin if napag aralan muna.

@salee_talks

14 күн бұрын

agree

Franchise is not entrepreneurship. It is just a key that is given to you to run it and kumita ka man or hindi may babayaran kang renewal fee. It is just a "product" given to you by a real entrepreneur. And you are the "glorified shopkeeper". Do your homework and due diligence mam.

@salee_talks

12 күн бұрын

thanks lesson learned already 👍🙏

How about royalty fee you need to pay annually?

@salee_talks

2 күн бұрын

there is no royalty fee in our contract

@wingold1220

2 күн бұрын

Thank you for the clarification.

Or better go back selling to Amazon. I’ve seen in one of your old videos that u sold in amazon. Do you do one on one tutorial on how to sell in Amazon?

@salee_talks

13 күн бұрын

I was selling on Amazon the time we bought the franchise. I don't do one on one tutorial at the moment

@MildWanderlust-tv7ip

13 күн бұрын

@@salee_talks thanks for the reply

here is how i would make it better for you. nasa sayo na yung equipment and rent and everything. might as well set up your own tapsihan na. hire a chef or cook that will do rnd for your food items. and start selling that. you dont have to deal with your franchisor. you are your own boss na.

@salee_talks

8 күн бұрын

thanks for the tip, but we already closed the restaurant years ago and have moved on already..

Tapsishop? Mmmm Im not sure its a well known brand

@RafNBAWiz

8 күн бұрын

kya nga e haha sa knya q lng narinig to e

Anong restaurant yan? Mukang simple pero franchise na ung ganung set up

@glenncapalad6237

18 күн бұрын

The TapsiShop

3:43 This is not a red flag. Jesus. That's how franchising works. Imagine franchising with Jollibee and you tell people it's a red flag because you can't put Tortang talong in the menu without Jollibee's approval.

@salee_talks

7 күн бұрын

thanks for watching

Baka hindi patok sa panlasa ng mga customers ang mga foods

...I don't understand, you've owned a business before, these learnings should have already been ingrained. Running day-to-day ops is always a full-time job when you launch...you seemed surprised. And when it comes to assumptions, you must know the saying, when you assume, you make an ass out of u and me...dear friend, I'm afraid that tells it all...but you learn, so good luck with your next venture

@salee_talks

4 күн бұрын

thanks! I continue to learn every day.. it's great! 🙏❤️

This is the reason why we only invest in the stock market

@salee_talks

7 күн бұрын

thanks for watching

maybe you wanted to try another different industry. we are having a franchise for a school with 1 year ROI :)

@salee_talks

5 күн бұрын

thanks! school is good

@rhythm13

3 күн бұрын

@@salee_talks if you are interested to franchise also let me know :)

Maam Salee mas Maganda pa po jan ang Pares, Lugawan NO Need to Franchise Build ur Own Bussiness st Tubong Lugaw ka pa jan. isang Magandang puwesto at Cleanliness sa Pagkain at Gamit Patok ito sa mga Tao. Again No Need for Franchise Fee Build Your Own.

@salee_talks

18 күн бұрын

thanks for watching and the comment 👍 dami na nga nagpapares

@muntingmagsasaka9056

16 күн бұрын

So kumusta po paresan niyo sir Marcus?

Wag ka magakala na di ka gagalaw sa business, dpat talaga hardwork, hindi yung uupo ka lang kikita ka na, walang ganon.

@salee_talks

11 күн бұрын

thanks for watching

Tapsishop ba yun? Kala ko TapaKing or Don Galo tapa.

At the first place why do you buy a franchise without a feasible location? Rent killed your business

@salee_talks

Күн бұрын

yes everything was a mistake

Just invest on the S&P 500 and you will outperform most investments

@salee_talks

6 күн бұрын

yep! on it 👌

Di rin kilala ung brand. Sana nag start small nalang kayo sarili nyong product research etc. Sabi nga sa isa Kong napanood, target market ng mga nagpapa franchise is mga newbie talaga sa negosyo..

@salee_talks

14 күн бұрын

thanks for watching

It seems you didn't read your franchise agreement, but that is all in the past now, charge to experience, an expensive one if I may say.

@salee_talks

6 күн бұрын

yep! very expensive and stressful experience..but lots of lessons learned.

mas kikita ka pa sa youtube kesa dyan sa franchise na ininvest mo eh. kaya tuloy mo lang yang youtube mo.

@salee_talks

14 күн бұрын

thanks 👌☺️

9 out of 10 restaurants fail

Kaya sabi sakin nung friend ko na mall owner: Gusto mo freedom? Bumili ka nalang ng dividend yielding stocks

@salee_talks

8 күн бұрын

👍

Has your business been around for more than a year? ROI isn't really to be expected during the 1st year of the business. Losses are typical in accounting books on the 1st year regardless if it's a franchise or not. In reality, there are some businesses that even take more than 2 years to experience ROI.

@salee_talks

10 күн бұрын

nope just 7 months.. yeah that's really an eye opening. Our tuition fee is soo expensive just to learn that. 😁

@ponypower8

10 күн бұрын

@@salee_talks Oh okay. As I mentioned, ROI isn't really to be expected during the 1st year of the business. Mostly expenses including marketing & advertising, purchases, operational costs on top of your initial capital. And that's the norm rather than the exception. In the 1st year, you're still in the process of getting your name out there, building your brand and reputation, establishing your credibility. So whatever sales you make will essentially only be counted against your capital and expenditures, hence, ROI is going to take over a year. As I said, some businesses even take 2 years. And if after 12 months of operation, you actually break-even, meaning you have been able to generate enough sales to match your capital & operational expenses, that means you actually did well! Most businesses actually report losses after the 1st year. Good luck!

@salee_talks

9 күн бұрын

thanks! many will learn from this 🙏