Archive for the Franchise opportunity Category

Most of you out there had thought of opening up a store that you have encountered some where around the world, some said, i talked to Cheese Factory, the other thought about a coffee chain in Germany. The truth is its not that simple, i had my share with different franchises and read many contracts, the things that people do not understand is the commitment required in such ventures. I’ll explain by giving different examples: if its a restaurant chain, most probably you have to setup a training location, then you may be asked to open a central kitchen, and may have to sign a paper promising that you’ll open 15 stores with the next 5 years. Other require you to buy food only from them, meaning that the meat has to come from their supplier in the states and most probably they own it too. Second Cup gets most of its drinks, coffee and sauces from Canada, this requires handling in Kuwait customs and Ministry of Health, these issues take long time to process. Some ask for high franchise fees, this fee goes strait for the franchiser and you get nothing for it, then you have the royalty fee’s that you pay monthly out of your sales! meaning even before taking you pay rent and other expenses. Then most franchises will not open in Kuwait unless you prove that you own property and large amount of cash, and have the man power to start the business, they wont except to open one store and communicate all the way from the states. Some even request a master franchise, this requires larger investment and a full time job. The master franchise is the one that resells small franchisees, this is very time consuming experience and need professional assistance. Most franchises do not show you how much they are making in different parts of the world, if they did you would be surprised. I’m saying all this because i wanted to open a franchise, and it took me a year in research and even traveled to the franchisers country. A minimum investment for franchising requires atleast 35,000kd and thats on for buying the right to open such a store in Kuwait, thats not even including the location in Kuwait (Avenue mall request about 70,000kd for a store), rent and employees. So when even thinking of such an investment keep in mind what i have said.

franchise.gif

Well, every body knows the body shop, yes? A new franchise called Lush, is following the same path, but with a different twist. Using all fresh ingredients in its soap, i mean fresh like, coconut, seaweed, mint, ginger , papaya, lemon and a lot more. I’ve tryed it my self, really great product. These guys are expanding everywhere and are looking for franchisees. Check out their website and how many kinds of soaps they have. They have other products like masks and scrubs and all these products use only fresh ingredients. The one thing that i noticed is, that Kuwait or international, there is no shop or company servicing such products for men, okay i don’t mean masks and moisturizers, maybe shaving creams and cool looking razors or soaps and shower gels! www.lush.com 

lush-pics.jpg

lush-slabs.jpg

Add to Technorati Favorites