| Frequently Asked Questions (FAQs) - Franchising |
Sometimes, we can not answer all of your queries immediately, in order to quickly get a response, we have compiled questions normally asked of us and we try to answer them as best we can. However, if you still need to ask us further questions not stated here, you may use the contact forms under the Contact Us option.All about Franchising
Franchising is a method employed to quickly start a business. Apotential franchiser applies for a license from a Franchisor to utilizeit's brand, design and system. By taking on a franchise, thefranchisee becomes a partner of the Franchisor in terms of helpingbuild the brand. "Franchising is a method of doing business wherein a franchisor licenses trademarks and tried and proven methods of doing business to a franchisee in exchange for a recurring payment, and usually a percentage piece of gross sales or gross profits as well as the annual fees. Various tangibles and intangibles such as national or international advertising, training.and other support services are commonly made available by thefranchisor, and may indeed be required by the franchisor, whichgenerally requires audited books,and may subject the franchisee or the outlet to periodic and surprisespot checks. Failure of such tests typically involve non-renewal orcancellation of franchise rights. A business operated under a franchise arrangement is often called a chain store, franchise outlet, or simply franchise." (courtesy of Wikipedia )
If you are not so well-versed in starting and operating a business, Franchising provides a good alternative to jump start your business. Franchisors have invested on their system, training and building the brand. Franchising also has the advantage of starting a business with a trusted and known brand. No, all Franchisors have different offerings and systems. The potential franchisee should do their own research and compare franchise providers before delving into franchising. The following list are some questions to ask a franchisor to evaluate a potential franchise. Disclaimer: This list is not the only list to follow, but it may be used as a guideline.
Hen Lin has been in the business of providing good, quality food for more than 25 years. We have over 100 stores operating with the metropolis and nearby provinces. We have been awarded numerously including the Agora Award and the Entrepreneur of the Year award for excellence. We have also invested heavily on our commisary and training facilities to ensure good, quality food consistency through out the whole chain. We are constantly improving ourselves, and are still employing new technologies to improve our business strategy.
No, prospective franchisees should provide and negotiate for their prospective location. Our team will assist in evaluating the feasibility of the site before a franchise is awarded. Location, Location, Location! It can't be emphasized, the importance of choosing a site. The location might make or break any kind of business. Although, a lot of factors go into choosing a location, in our experience, the following are some key points in choosing a location for Hen Lin:
Total investment differs for every store. We treat each store independently from each other, so it is difficult to give a single figure as total investment. If you want to know more, please contact us through our Contact Us form. Return on investment differs for every store, as these are affected by many factors. If you want to know more, please contact us through our Contact Us form. Great! Write us a Letter of Intent and send it to:
Or email your Letter of Intent to This e-mail address is being protected from spambots. You need JavaScript enabled to view it To hasten the evaluation of your application, please include the following information in your Letter of Intent
You may also use our online Franchise Inquiry Form .
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Sometimes, we can not answer all of your queries immediately, in order to quickly get a response, we have compiled questions normally asked of us and we try to answer them as best we can. However, if you still need to ask us further questions not stated here, you may use the contact forms under the