we bought a franchise restaurant. it didn't go well...

we bought a franchise restaurant. it didn't go well... | Salee

Рет қаралды 99,349

26 күн бұрын

Imagine owning a well-known brand, a proven business model, and the promise of financial freedom. It sounds like a dream, right? Well, that's what I thought too until our franchise restaurant turned into a nightmare. Hi, I'm Sally, and in this video, I'll be sharing the raw truth about our journey with a franchise restaurant that didn't go as planned.
Aspiring entrepreneurs need to hear not just success stories but also struggles and failures. In this video, I'll take you through the highs and lows of our franchise journey - why we decided to buy one, the challenges we faced, the mistakes we made, and most importantly, what we learned from it all.
You'll get an insider look at the entire process - from initial decision-making to investment and unexpected setbacks. By the end of this video, you'll have a clearer understanding of the realities of owning a franchise restaurant and key takeaways to consider before diving into the same business.
Whether you're considering buying a franchise or already own one or simply curious about entrepreneurship journeys - stick around! There's so much to learn from our eye-opening ride.
#FranchiseRestaurant #entrepreneurshipjourney #FinancialFreedom #business
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Пікірлер: 394

@DewTime Күн бұрын

I would never start a restaurant unless it was purely for fun. The problem with the restaurant business is that you’re competing against four types of restaurant owners 1. Those who are in it for big profits 2. Those who are in it only for fun and don’t care if they lose money 3. Those who are in it for fun but are ok with breaking even. Don’t want to lose money but don’t want to make money. 4. Those who are adamant about making a profit, but are ok with just enough to pay for basic living expenses. They would like wild profits but as long as they can pay bills they will work the restaurant for decades. The first guy has to compete against all the other guys. Those other three guys will drive down menu prices and drive up the cost to enter the restaurant business because they’re willing to pay more to own a restaurant. The end result is that it’s basically impossible to make good money in the restaurant business unless your extremely lucky and extremely good at business in terms of reducing costs to a minimum and increasing the customer base to a maximum. Most restaurants fail in five years.

@salee_talks Күн бұрын

thank you for sharing

@Electrichead64 6 сағат бұрын

Less than 2 minutes in and you already have the answer. "In the Philippines"

@fascinationmama 4 сағат бұрын

Always things go wrong

@user-ny9vw7yi6g 22 күн бұрын

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 22 күн бұрын

thank you for sharing 🙏👍❤️

@juantamad6576 12 күн бұрын

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

@mcbd178 3 күн бұрын

this is true. i was also an ofw for 7 years, i started a small business at home. I use our garage to put up a sari sari store during pandemic. I dont want to rent a place for business. Thank God, naging ok lahat thru hardwork, prayers and perseverance.

@teammangcanada777 13 күн бұрын

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 13 күн бұрын

thanks very much 🙏🙏❤️❤️

@mossimo32001 23 күн бұрын

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 23 күн бұрын

thanks for your insight. 👍

@Gigaster 19 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.

@ChibiKeruchan Күн бұрын

This is the kind of advice that traps people into disappointment. 🤣🤣 parang yung advice na "Start a business that you are passionate about". ayun nag simula ka ng siomai house kasi hilig nyo ng anak nyo kumain ng siomai... ang end result, lugi.... kasi kayo umuubos ng paninda nyo 🤣🤣 Starting a business needs management skills. and management skill starts at home. Check your room, maayos ba yung kwarto mo. hindi magulo? do you have time table of what you do everyday? may laman ba yung Planner mo na nakuha sa starbucks oh andun sa kabinet inaamag na? it all start at a personal level (personal management) if you do not have at least personal management on you. don't bother starting an business. you are not gonna make it. lagi nila sinasabi maraming Chinese ang may business dito sa pinas. it has nothing to do with race. it all have something to do with mindset and management skill. they have GRIT, discipline and practice delayed gratifications. which most Pilipino doesn't have.

@PengDwin 19 күн бұрын

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 18 күн бұрын

thanks for sharing 🙏

@ciero9288 14 сағат бұрын

This is pure experience, please don't take this video because you have new subscriber from this. Also, thank you for sharing this!

@salee_talks 14 сағат бұрын

@@ciero9288 thank you 🙏❤️

@Finalwaxers 5 күн бұрын

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 5 күн бұрын

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

@delacruzneili 3 күн бұрын

it’s a surprise to me that a thorough research is out of the question. in business i thought it was already given that you do a thorough research. it’s a must. you even have to check on the the real owners of the franchise. you even have to know the statistics of how well this franchise is profitting or lossing. even in retail trading we do this

@salee_talks 3 күн бұрын

thanks for watching

@therealbronxbull8541 Күн бұрын

We had a pizza shop in Tanza Cavite, but covid shut us down we spent 14,000 plus on advertising and it did very well in the 11 weeks it was opened. We made a good profit, and we'd do it again in due time. If yiur busines shows a profit in its first year after opening then has an 85% chance of success and advertising is crucial to that success.

@salee_talks Күн бұрын

thanks for sharing 👍

@Cheste969 8 күн бұрын

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

@salee_talks 8 күн бұрын

thanks! all is good 👍❤️🙏

@AskSITO 11 күн бұрын

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 11 күн бұрын

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

@handykamal7555 13 сағат бұрын

Talking to other franchisees is a must. I had plan to buy a viral coffee shop franchise. But when I talked to other franchisees, in reality the franchise were overwhelmed with the demands. They're unable to provide the equipment and menu that were highly demanded. The new franchisees were left with leftover because the franchise supplied the franchisee that came first. If you want to buy a viral franchise, make sure you're among the first. After the hype diminished, no one wanted to visit anymore. I saw this on Mixue. Their business was booming at first, and first franchisees got break event. But after few months, the people who came later must closed their door before break event.

@salee_talks 11 сағат бұрын

thank you for sharing

@subscrypts 8 күн бұрын

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 8 күн бұрын

thanks! now be the wise man 💪

@furherurher3217 21 күн бұрын

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 20 күн бұрын

thanks for watching

@pierre-rose7783 13 күн бұрын

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

@gambitgambino1560 6 күн бұрын

@@salee_talkssaan ba yan? Kakain ako dyan

@readerviewer9177 6 күн бұрын

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

@daleoxciano3134 4 күн бұрын

in fact, food business should maintain a 90% margin to survive long run and establish its customer base. which is its really hard to attain if you don't have a flexibility due to franchising agreement.

@BobbyPH 10 күн бұрын

Thank you for sharing your experience Salee!

@salee_talks 10 күн бұрын

My pleasure 🙏☺️

@pboz 20 күн бұрын

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 20 күн бұрын

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

@9legs2success 19 күн бұрын

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

@salee_talks 19 күн бұрын

💯👌

@vender68 8 күн бұрын

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

@facedust07 7 күн бұрын

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

@johndionedelosreyes5267 6 күн бұрын

Targets are normal...

@RenBeckvlogs 4 күн бұрын

Franchisee here also thanks for sharing this so far our first 6months we are managing to break even but July start to have problems I hope when school starts everything will be better everything you've said is noted thanks

@salee_talks 4 күн бұрын

thanks for sharing

@philjai26 3 күн бұрын

Thanks for sharing your experience. I'm also weary of franchising "newer" brands as I've heard of high franchise fees and lack of customers from stores I encounter. I also have a brick and mortar business, printing shop, and I feel most of the struggles you shared with. I wanted a new business and it will be a retail store so management will be easier compared to running a printing or restaurant business which needs lots of work like layouting, customization, etc.

@salee_talks 3 күн бұрын

thanks for watching and for sharing your own story 👍❤️ Good luck to you and your future business. God bless

@danielaguila5769 21 күн бұрын

very informative. .thank you for sharing

@salee_talks 21 күн бұрын

welcome and thanks for watching 🤗

@ludymendoza4386 4 күн бұрын

Your experience is very helpful thank you for sharing, I learned a lot!

@salee_talks 4 күн бұрын

Glad it was helpful! thanks for watching 🙏🤗

@tradingbadm 13 күн бұрын

I appreciate the honesty of this video ❤

@salee_talks 13 күн бұрын

thank you

@rafaelg4566 20 күн бұрын

Good advices. Thanks!

@salee_talks 19 күн бұрын

Glad it was helpful!

@0414ronell 12 күн бұрын

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

@salee_talks 12 күн бұрын

thank you 🙏❤️

@MegaBendell 13 күн бұрын

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

@salee_talks 13 күн бұрын

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

@jayson-7577 18 күн бұрын

Good watch. Thank you.

@salee_talks 18 күн бұрын

Thanks for watching!

@kimmy3097 19 сағат бұрын

Franchise is always a rip off. Before you buy a restaurant watch it a lot and work there for two months with low pay to see the real operations. The big red light is why are the sellers selling the place and restaurants are very hard to succeed in. Its as hard as a clothing store.

@salee_talks 15 сағат бұрын

thanks for sharing your thoughts

@rafaeleliz3289 15 күн бұрын

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

@salee_talks 15 күн бұрын

you're welcome

@hilman94 6 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.. 😊

@xyzmsbright 19 күн бұрын

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 19 күн бұрын

agree 👌🤗

@romeoraya9175 13 күн бұрын

Be ur own franchise

@cyrineagor5060 17 күн бұрын

Thank you for sharing!

@salee_talks 17 күн бұрын

welcome 🤗

@FuraiFuru 6 күн бұрын

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

@salee_talks 6 күн бұрын

@@FuraiFuru you're welcome

@billymedina7370 13 күн бұрын

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 13 күн бұрын

yep! love it 👌

@GretSanDiego 21 күн бұрын

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 21 күн бұрын

thanks for watching and the insight 🙏😊

@jayfranklin6776 14 күн бұрын

True! Kaya wag basta2 magfranchise.

@J-Tyson558 13 күн бұрын

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 13 күн бұрын

thanks for watching and sharing that 👍

@rollendecuzar282 4 күн бұрын

OMG the renovations here is really a head scratching.

@banccp8652 17 сағат бұрын

I move back in the Philippines for good on 2022 after living in the U.S for most of my life I planed it for 5 years so when i move on 2022 i had an idea what to do, within 1 month i was able to buy a 14 unit apartment complex with tenants already its an easy income as long as there is tenants and 3 months later i started to diversify. I open a motor shop in our property so no rent and i already have a mechanic before i open the shop it was just the two of us so no overhead so far so good and just this July 2024 i open 2 more business a computer shop and a water refilling both business i don't pay rent since its inside my apartment complex and all 4 business i only have 1 employee that i move around and now i can relax 2 years later.

@salee_talks 15 сағат бұрын

good job there! thanks for sharing and good luck to your businesses. Love it! 🙏♥️

@pacgotrobbed 2 күн бұрын

this is also the reason why kahit 5 years na kami sa market di pa namin inoopen yung franchising. Kasi we care about peoples money lalo na yung iba life savings nila yan. Nakakabahala yung market sa pinas na months pa lang nag ooperate eh nag ooffer na ng franchising. Kahit hindi pa proven yung financials. 😢

@salee_talks 2 күн бұрын

thanks for doing that..very few people really care. God bless you and wish you all the best. 🙏❤️

@taurene 12 күн бұрын

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 12 күн бұрын

thanks for sharing that 🙏

@fascinationmama 4 сағат бұрын

Thank god my cousins have their own restaurants with own receipes

@salee_talks 3 сағат бұрын

thank you for sharing

@antonioapostol4739 21 күн бұрын

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 21 күн бұрын

yes indeed. thanks for watching 🙏

@youthy15 17 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

@backtoback3697 Күн бұрын

Hmm... As expressed somewhere here, what you experienced is of the typical start up (even if it a franchise, established or not). Honestly with the trend in the Philippines in the food service sector, you could have started your own brand. And invest/spend in making it trend and even go viral if you want to go that route.

@salee_talks Күн бұрын

@@backtoback3697 thanks for watching

@rajakumarsambandan2283 3 күн бұрын

Thank you for your advice

@salee_talks 3 күн бұрын

you're welcome

@zamboanganbeats 5 күн бұрын

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 5 күн бұрын

thanks for sharing your experience 🙏

@Shygarshop 19 күн бұрын

Thank you for sharing

@salee_talks 18 күн бұрын

You're very welcome

@francisdelacruz6439 9 күн бұрын

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 9 күн бұрын

thanks

@ArhjayTagumasi 21 күн бұрын

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 21 күн бұрын

yes tama 👍

@tipsy113 12 күн бұрын

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 12 күн бұрын

thanks

@benildatagle1967 3 күн бұрын

I went to graduate school here in the U S….MBA We touched all the topics that you discussed

@salee_talks 3 күн бұрын

thanks for sharing

@canadianimmigrationspecialists 19 күн бұрын

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

@salee_talks 19 күн бұрын

thanks for sharing 🙏

@jeffreywong5112 9 күн бұрын

Good and honest feedback

@salee_talks 9 күн бұрын

thank you

@gigallthetime37 Күн бұрын

Appreciate this video

@salee_talks Күн бұрын

thank you 🙏

@deejay6016 6 күн бұрын

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 5 күн бұрын

thanks for watching and sharing

@MARCBEA1 20 күн бұрын

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 20 күн бұрын

thanks for watching

@kidkud10 13 күн бұрын

Yes pag ng franchise k at least may 100milion k

@MARCBEA1 13 күн бұрын

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

@jakerex32 7 күн бұрын

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

@MARCBEA1 7 күн бұрын

@@jakerex32 hahahaha

@biboydoce8924 21 күн бұрын

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 21 күн бұрын

thanks for watching

@laust1750 20 күн бұрын

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 20 күн бұрын

thanks for sharing 🙏

@540842 15 күн бұрын

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 15 күн бұрын

good points. thanks for watching

@Dear_9000 16 күн бұрын

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 16 күн бұрын

yep exactly 👍💯🙏

@desquitadoable 20 күн бұрын

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 20 күн бұрын

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

@desquitadoable 20 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 20 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. 👍👌

@jcbhourge1290 17 күн бұрын

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

@salee_talks 17 күн бұрын

welcome po 🙏

@emilyacuin2830 19 күн бұрын

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 19 күн бұрын

thanks for watching

@palmadesignco.1454 Күн бұрын

Not everyone is for franchising. Other people, especially people with lots of ideas, from the menu to how things should be done, are better off creating start ups instead.

@salee_talks Күн бұрын

thank you for watching

@user-xq6lu7ih6g 21 күн бұрын

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 21 күн бұрын

yes 👍💯

@johnlove6194 20 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 20 күн бұрын

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

@elimarrosales8930 19 күн бұрын

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

@farrah099 14 күн бұрын

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

@salee_talks 14 күн бұрын

thank you 🙏❤️

@jorgecasupanan5603 18 күн бұрын

Thank you

@salee_talks 18 күн бұрын

You're welcome

@lowkeygaming4716 8 күн бұрын

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 8 күн бұрын

thanks for sharing 👍

@user-vc5wl7uq2x 18 күн бұрын

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

@salee_talks 18 күн бұрын

yep thanks for watching

@CG-fn2cj 12 күн бұрын

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 12 күн бұрын

thank you for sharing

@bigguyoliver 18 күн бұрын

was this retiro base fast food? 😅

@ninerscountry7885 Сағат бұрын

My big question to you how did it go at the end were you able to overcome your struggle of owning a franchise?😂😂it was not explained in your vlog . I’m hoping everything went well after learning all the lessons you learned thanks …

@jonrend 14 күн бұрын

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 14 күн бұрын

very good points and yes I agree 👍 thanks for watching

@resultspaid7250 3 күн бұрын

Business done for fun in better left undone.

@jonrend 3 күн бұрын

@resultspaid7250 not when you're losing money with all the hard work and passion put in.

@vonescueta 13 күн бұрын

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 13 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 13 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 :)

@gmostafaali 5 күн бұрын

Exactly the same way i lost 300K Peso with K-Eggs franchise. As they said it was cost only 15K then every week they increase the products prices and minimum orders. Got sweet scammer 😞. Appreciate you have brought the true story🤛

@salee_talks 5 күн бұрын

thanks for sharing your story

@jonvilla3329 3 күн бұрын

Karma na Lang sa kanila

@nelyramos3261 19 күн бұрын

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 19 күн бұрын

agree

@gian2387salazar 10 күн бұрын

what was the franchise’s name?

@jbdelacruzdigital 5 күн бұрын

that depends on the restaurant.

@user-oy3ld7be8w 5 күн бұрын

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 5 күн бұрын

thank you for sharing

@jerrysan7338 24 күн бұрын

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

@salee_talks 23 күн бұрын

agree and you must really learn the lesson 😔

@zapantastic 3 күн бұрын

This has the making of kitchen nightmare plot.

@jamessoriano9683 17 күн бұрын

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 17 күн бұрын

thanks lesson learned already 👍🙏

@mkhuang2760 24 күн бұрын

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

@salee_talks 24 күн бұрын

thanks for sharing 👍🤗🥰

@Sarahkai88 20 күн бұрын

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 20 күн бұрын

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

@bladeofmiquella1887 20 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.

@andrewsantos4285 6 күн бұрын

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 6 күн бұрын

thanks for sharing that 👍

@brianbasa3482 11 күн бұрын

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 11 күн бұрын

thanks for watching. All good, lessons learned.

@jpro1810 10 күн бұрын

jusf curious, is your tapsilogan still in operation?

@salee_talks 10 күн бұрын

nope...only 7 months in operation

@perid5815 18 сағат бұрын

I wonder , out of 1000 franchises, how many end up happy n smiling... may 10% ba? They wont reveal.

@salee_talks 15 сағат бұрын

don't know as well 😁

@clementraymundhordista9948 19 күн бұрын

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 19 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 19 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 19 күн бұрын

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

@clementraymundhordista9948 19 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 18 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. 😊

@jerryvelasco2942 21 күн бұрын

Ano ang name ng restaurant po?

@denisrodriguez5763 6 күн бұрын

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 5 күн бұрын

thanks for sharing

@MS-zp2ed 13 күн бұрын

I have a same experience.I am struggling now

@salee_talks 13 күн бұрын

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

@jscorner6815 17 күн бұрын

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 17 күн бұрын

thank you for watching and the comment 👍

@denshizzle0517 19 күн бұрын

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 19 күн бұрын

thanks for watching

@schumacher47 20 күн бұрын

Same here. It was a nightmare.

@salee_talks 20 күн бұрын

thanks for watching and sharing

@Agriilonggo 6 күн бұрын

Baka hindi patok sa panlasa ng mga customers ang mga foods

@MANXEONPRINTDISPLAY 5 күн бұрын

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

@salee_talks 5 күн бұрын

thanks for sharing

@vikmaknae 3 күн бұрын

Sa naga city branch po to?

@akolangito4209 23 күн бұрын

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 23 күн бұрын

yep! and we only think like 10x 😫

@akolangito4209 23 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 23 күн бұрын

yep that's a good point as well 👌