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

[@sergiogarcia9822]

Girl, basically any franchise works that way, you are not buying the brand, you are buying the rights to manage one of their restaurants, you work for them basically.

[@pittwm]

I would never advise anyone jumping into restaurant business, having been in it for 28 years. I have to replace a 15 tons dinning room AC, that was $ 30k. Then the evaporator in the walk in cooler needs replacement, that was 5k. I’m there 12hrs day, 6 days week (only bc we close on mondays). It zaps the life out of you.

[@salee_talks]

thank you for sharing that 🙏

[@dancalestini5698]

I started out working in the restaurant business back in’78 when SF NY were beautiful things were great back in the day people were happy we had a good economy Reagan was president and a hell of a good president when was the last time you said that 40 years later our country is in the shitter these new generation politicians don’t know their ass from a hot rock they are all weak incompetent morons that believe angels are real our country is in the shitter because our leaders are corrupt & incompetent

So bad you kept doing it for almost 30 years

[@pittwm]

And your point being? What I commented was my personal opinion and I have seen quite a few local restaurants failed badly. I got in it with two new born at the time. Once I’ve gone down that path with a wife and two babies, they are my responsibility. I didn’t get to bow out. I missed all their school functions, swim practice and meets, trick or treating. We didn’t eat dinner together. Once our last kid is out of law school this year we are done.

@@pittwm you didn't mention any of that stuff, all you focused on was the cost of repairs. So expensive that you kept doing it for 30 years

[@NeilRyanSito]

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]

thank you for sharing 🙏👍❤️

[@juantamad6576]

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

[@mcbd178]

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.

[@mossimo32001]

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]

thanks for your insight. 👍

[@Gigaster]

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

[@ChibiKeruchan]

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.

[@teammangcanada777]

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]

thanks very much 🙏🙏❤️❤️

[@furherurher3217]

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]

thanks for watching

[@pierre-rose7783]

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

[@gambitgambino1560]

@@salee_talkssaan ba yan? Kakain ako dyan

[@readerviewer9177]

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

[@daleoxciano3134]

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.

[@caloyp4474]

any business doesn't guarantee a success. most will fail. it depends on how you manage and run it. just come back strong and do better next time. dont stop believing

[@salee_talks]

that's the attitude! 💪👌💯

[@BonTolentino-g4v]

I, too, invested in a franchise in the Philippines. My take. It's better to come up with something on your own. The struggle is the same, but the control is yours. This is how you can define success when you're able to control your business. Construction is expensive, especially when they know you're from a different country.

[@salee_talks]

thank you for sharing... and yes I agree with the construction. When they know you are from abroad, they will give you high quotation

[@9legs2success]

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

[@salee_talks]

💯👌

[@PengDwin]

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]

thanks for sharing 🙏

[@amadonarvaez9035]

The biggest overhead expenses will be rent and payroll! My business before was a photo studio with an overhead of $2,000.00 monthly! I managed to run it for 3 years till I quit for some reason. I have so many accounts (schools) that alone made us survived. But it was so draining. Money will come and go. Also I have taxes monthly, quarterly and annual that I had to deal with. That was way back 2004. Now rents are higher! Lesson learned from this is get your own business space, to avoid rent.

[@salee_talks]

thanks for sharing

[@vender68]

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

[@facedust07]

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

[@johndionedelosreyes5267]

Targets are normal...

[@jojo-ru8go]

the thing is they agreed.

[@letswatchrandomvideos8473]

Right! Instead of you being an extension of their business, ginawa ka nilang customer.

[@MikeStoneJapan]

If you have no food & beverage experience, don't open a food & bev place!!! As someone who worked for almost five years at one of the busiest places in London's west end. That shit ain't easy. Even if you have quality food and reputation (big ifs), keeping that machine running smoothly is a masochistic labour of love.

[@salee_talks]

thanks for sharing 👍

[@amanesuzuha-n3l]

From what I've learned listening and reading books about business, you have to experiment with your business idea first and test if the market has a need for such a business. What was suggested was to reach out first and market and if a lot of people are and stay interested then the idea has a high probability of being successful. Nonetheless, the lessons you have presented are very useful and real life experiences we can definitely benefit from. Thank you for sharing!

[@salee_talks]

Thank you for sharing your insights, Amane! You're absolutely right-testing the market and validating your business idea is key to ensuring success. It’s great to hear that you’re applying these lessons, and I’m glad the experiences I shared were helpful. Wishing you all the best on your business journey!

[@innocentnjustice513]

A Franchise is someone else’s vision and investment! Buying a Franchise it is guaranteed that Franchise owners will win either way, they would control every aspect of your business and investment! As an entrepreneur is good to take that reap of faith by starting your own name and business! Starting a business is always a 50/50 chance of success or failure!

[@salee_talks]

thanks for that

[@Neeyluj]

Thank you for sharing this! Just in time before I make a downpayment to one of my dream business .❤ You saved me!

[@salee_talks]

You are so welcome! ♥️🙏

[@Iwndiwgi]

Thank you for sharing this. Much appreciated.

[@salee_talks]

My pleasure!

[@Electrichead64]

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

[@fascinationmama]

Always things go wrong

[@captainbalao]

It failed coz it is in the PH? PH economy is growing steadily, even better than developed countries. Investing in it rn is great. you just need to do your homework and invest in social media. it is the way

[@Gizziiusa]

@@captainbalao its doing well b/c the upper crust is making the $bank$. Villar fam is rocking with the buying and selling of real estate, etc even if they use rather unsettling tactics like robber baron, strong arm, etc. for everyone else, its a roll of the dice.

[@Monkeybar54621]

Most successful businesses starts small. Leap low so when you fall it doesn’t hurt that much.

[@TinyBlitz8]

@@captainbalaoregarding investments, I would rather invest in Thailand, Indonesia & Vietnam rather than the Philippines. The Philippines has the worst bureaucracy in Southeast Asia except Cambodia, Laos and Myanmar. Government officials and employees always take money from businesses, if you don’t pay them under the table money they’ll make sure you have an extremely hard time and you won’t be able to get the permits to operate until months later where your spent capital is already stuck in limbo. Majority of the growth comes from medium & big businesses, while small businesses struggle heavily.

[@ByronWatts]

My path-crossing-experiences as a foreigner with Filipino business has shown a lot of things that would be complicated if one were trying to be creative here (I'm from the USA). Thank you for sharing your experiences.

[@salee_talks]

my pleasure 🙏❤️

[@handykamal7555]

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]

thank you for sharing

[@terenceheusaff967]

Thanks. I need this right now. Carefully planning + strong financial cushion.

[@salee_talks]

my pleasure.. 👍 Good luck

[@PeterDickson-b5b]

A franchise is a proven system and a recognized name. That is what you are buying with your franchise fee. The franchisor should be selecting the site and acting as the general contractor to build and design the store. The franchisee pays these costs. The franchisor should be arranging suppliers and terms. The franchisor sets pricing and selection. There can be some customization for local markets. They should assist in hiring. There are usually other fees depending on how the business is set up. Royalties on sales, co-op advertising, purchasing. Buying a franchise is not the same as starting your own business. Franchisors exert varying degrees of control to protect the business name.

[@xyzmsbright]

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]

agree 👌🤗

[@romeoraya9175]

Be ur own franchise

[@Finalwaxers]

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]

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

[@nothingreallyrhymeswithora9377]

Honestly, every restaurant franchise has its pros and cons. I remember a BBQ restaurant franchisee being told he couldn't even send people home early if the restaurant was too dead without permission from the corporate office. That was a simple example of how little control you can have if you are not the main boss.

[@salee_talks]

thanks

[@reliableenergy6279]

They do that simply because they are moron enough to understand the word synergy and interdependence. Parang rule of the squatters tribe lang.

[@delacruzneili]

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]

thanks for watching

[@therealbronxbull8541]

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]

thanks for sharing 👍

[@Cheste969]

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

[@salee_talks]

thanks! all is good 👍❤️🙏

[@christianmarkandal7050]

Relate ako. Sobrang hirap tlga ng food business at malaki ang gastos. Super expensive matuto sa ganitong negosyo. Nlugi ako ng 600k sa operation, 2.5M nagastos ko sa building at equipments. Pero blessing in disguise s kbila ng lugi nakacreate ako ng isang food business na profitable at may potential. And continue running it

[@salee_talks]

thanks for sharing your story. I'm glad to know that you are doing well now. Kung may nawawala, may mas malaking pumapalit. 🙏😇♥️

[@MidnightMaria143]

grabe mami.. sana nag franchise nalang kayo ng 7/11 or Angles Burger hindi naman sa pagiging ano man pero talaga sumagi sa isip ko or ng family naming mag franchise ng resto kase alam namin na hagard talaga yan especially kung hindi pa naman ganun ka famous and solid rock yung name ng franchisor. Thank you for this video super naka help as added knowledge. Just like others I'd rather advise other people to have what's on the mainstream but on careful thoughts. Resto is a no for us lalo na kung malaki kagad ang labas.

[@salee_talks]

salamat sa pagshare

[@vonvoyage14]

Listened very well on this. Thank you!

[@salee_talks]

thanks! 🙏

[@0414ronell]

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

[@salee_talks]

thank you 🙏❤️

[@ElmerjunOFFICIAL]

Thank you this is an eye opener for starting up checking franchises❤

[@rogerfabrosalberto]

Experience will teach us. Much deeper understanding before venturing into any business is a must. Research and ask for mentors if it is wise to invest or not. Lay down all your plans to them.

[@salee_talks]

I completely agree! Experience is one of the best teachers when it comes to business. Research, mentorship, and careful planning are crucial for making wise decisions, especially in investments. Thanks for sharing this valuable insight!

[@DewTime]

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]

thank you for sharing

[@kimmy3097]

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]

thanks for sharing your thoughts

[@suanne1217]

This is why we, in the U.S., have tougher regulations on franchise businesses to protect investors. Other wise individuals are vulnerable for many scam. The South Korea, Vietnam, China, and other Asian countries have endless victims in franchise businesses industries.

[@salee_talks]

thanks for sharing

[@blight26gaming70]

Never heard of that franchise. Thanks for the lessons though

[@salee_talks]

You bet! 🤗

[@philjai26]

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]

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

[@1kontrabida]

As an Entrepreneur i understand where ur coming from and would like to say that this is just a minor setback and preparing for ur future success. The issue i can see for people trying to open a business back to the motherland is they try to incorporate what they've learned abroad which is great but people back home as well know does not like change and their vested in the business except their mid week pay and end of the week lol. FIlipinos are one of the smartest people in the World but at times are to smart for their own good.

[@broGabiza]

Thanks for sharing this video💓💕. Many start businesses hoping to make it big, but at times, struggles offer many lessons. Restruarant business is very hard but I am glad you shared your experiences

[@salee_talks]

you're very welcome 🙏♥️

[@BobbyPH]

Thank you for sharing your experience Salee!

[@salee_talks]

My pleasure 🙏☺️

[@carevinmalana1942]

The issue is that you believe this brand is popular, but it's actually the opposite. I've seen many of its branches closing. Having owned a restaurant before, the challenges include high expenses and the need for a large customer base to be profitable. Additionally, managing inventory is difficult, and finding trustworthy employees who can handle things when you're not around is a challenge.

[@salee_talks]

we quickly jumped into it without checking other branches 😬

[@franchiserepublic]

That's part of the Risk you've taken. Analyze the learnings and move forward

[@salee_talks]

yep exactly! 👍

[@benildatagle1967]

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

[@salee_talks]

thanks for sharing

[@elviet.7434]

Thank you for the helpful insighi.

[@subscrypts]

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]

thanks! now be the wise man 💪

[@henrymurphychronicles2488]

I am planning to put up my own business soon and i have been scouting, watching videos, tutorials, etc any information about putting up a small business , i watch it. Thanks for this video. My two cents here, i guess the brand you franchised was not really a well known brand. If that is the case and they have this required minimum monthly inventory purchase, you should have thought about that part critically before you signed the contract.

[@salee_talks]

thanks for sharing 👍

[@tipsy113]

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]

thanks

[@boredinthehouse2998]

Of course you're not allowed to change the menu without approval. its normal for franchises. Its also a way to avoid any "failed experiments" that could hurt the brand. About the products that dont sell, its the fault of business model. they should look at 7/11 Japan's business model. Other issues you said are just normal for franchises. Overall, you should've done more due diligence, like check other existing franchises for feedbacks. Hope you learned and good luck on your next venture! I admire your courage for doing what you did.

[@salee_talks]

Thank you for your input! I totally agree that changing the menu without approval is a standard rule in most franchises to maintain brand consistency. Unfortunately, some of these ‘experiments’ we tried were done in an attempt to boost local sales, but I see now how important it is to follow the franchisor’s system. You're right about due diligence-definitely something I’ve learned the hard way, and I appreciate the advice to check out other successful models like 7/11 Japan. Every venture has its lessons, and I'm grateful for the experience and the courage it gave me. Thanks again for the support!

[@bitcoinski]

You're so pretty. Thanks for sharing your journey!

[@salee_talks]

you're welcome

[@J-Tyson558]

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]

thanks for watching and sharing that 👍

[@antonioapostol4739]

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]

yes indeed. thanks for watching 🙏

[@youthy15]

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

[@ludymendoza4386]

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

[@salee_talks]

Glad it was helpful! thanks for watching 🙏🤗

[@FuraiFuru]

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

[@salee_talks]

@@FuraiFuru you're welcome

[@banccp8652]

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]

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

[@Genevo9]

I think food truck will be your better option?

[@jerometubog2467]

The lesson here is to do your due diligence before going in to a franchise. Different brand have different restrictions. You can disagree, but they are not red flags. Brand name helps, but that doesn’t guarantee success. Look at Nokia, Microsoft phone and Sony. It looks like you had too many expectations instead of goals. The goal is to have more free time/ flexibility, what do I need to do to reach that goal? The goal is for the restaurant to be successful, what does success looks like in 3 months? Things that I need to do to reach that goal. Yung mga tipong ganon.

[@salee_talks]

absolutely! 💯👌 thanks

[@justinkotrba2197]

So what happened after that first opening day? It looked like it was gonna be a big success. Was every day slow after that?

[@salee_talks]

yes

[@RenBeckvlogs]

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]

thanks for sharing

[@GretSanDiego]

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]

thanks for watching and the insight 🙏😊

[@jayfranklin6776]

True! Kaya wag basta2 magfranchise.

[@rollendecuzar282]

OMG the renovations here is really a head scratching.

[@vijaysagar4494]

Franchise means you work for somebody and they enjoy profit through your hardwork. They get the meat and you get the bone

[@pboz]

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]

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

[@ArhjayTagumasi]

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]

yes tama 👍

[@MARCBEA1]

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]

thanks for watching

[@kidkud10]

Yes pag ng franchise k at least may 100milion k

[@MARCBEA1]

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

[@jakerex32]

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

[@MARCBEA1]

@@jakerex32 hahahaha

[@emilyacuin2830]

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]

thanks for watching

[@ajiebooks]

The niche is really important. Food business is hard, it's all about how to keep strong customer base.

[@backtoback3697]

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]

@@backtoback3697 thanks for watching

[@francisdelacruz6439]

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]

thanks

[@rafaeleliz3289]

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

[@salee_talks]

you're welcome

[@힐만94]

@@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.. 😊

[@desquitadoable]

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]

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

[@desquitadoable]

@@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]

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. 👍👌

[@talenodigital]

Congrats Mami! You are one step away from success! 🎉

[@salee_talks]

yay!! thank you 🤩💪🙏

[@MS-zp2ed]

I have a same experience.I am struggling now

[@salee_talks]

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

[@canadianimmigrationspecialists]

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

[@salee_talks]

thanks for sharing 🙏

[@taurene]

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]

thanks for sharing that 🙏

[@MichaelScott69]

I'm sorry it didnt work out but restaurant have a really high fail rate due to various reasons. All the best for future endeavours.

[@salee_talks]

thank you very much 🙏♥️

[@Katie_purry02]

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

[@salee_talks]

yep thanks for watching

[@aprilmintacpineda2713]

sana may actionable steps din na naprovide para maachieve yung 3 points na binigay. Sobrang hirap ma achieve nung number 1.

[@NGreenhills]

From experience I want to say that there are basically WAY TOO MANY food options in the Filipino Market. You must have a really good brand in order to get your ROI back, and if possible open outside a mall. Malls tend to fill up with too many other restaurant concepts, and can't always guarantuee enough 'food traffic'. Because of all the other restaurant options, Pinoys are not really loyal anymore, they have so many options to choose from that they will temporarily eat in your restaurant and then move to another concept that opens up near to your establishment. We also lost eventually after operating for 3 years. I will never open a franchise again, unless it is a very good brand.

[@salee_talks]

thanks for sharing your experience 👍

[@RigilKent-x7o]

Who cares if it didn't go well. Before you bought the franchise. You studied and understood the risk. That is business. It may flip or flop it depends on your management.

[@salee_talks]

@@RigilKent-x7o Thank you for your perspective! You're right-business is about taking risks, and sometimes things don't go as planned. It was a valuable learning experience, and we've moved forward with even more insight and resilience. Appreciate your support!

[@biboydoce8924]

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]

thanks for watching

[@jpro1810]

jusf curious, is your tapsilogan still in operation?

[@salee_talks]

nope...only 7 months in operation

[@Milo0610]

How can you change the menu if you are just franchisee?

[@salee_talks]

i know right 😅

[@jonrend]

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]

very good points and yes I agree 👍 thanks for watching

[@resultspaid7250]

Business done for fun in better left undone.

[@jonrend]

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

[@KRHProductions]

Just bugs me out that label slash barcode on your mic 😅 hopefully you can turn it around to make the presenation cleaner. Or maybe just my OCD hehe.

[@salee_talks]

haha i will take note of that next time 😅

[@billymedina7370]

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]

yep! love it 👌

[@540842]

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]

good points. thanks for watching

[@rajakumarsambandan2283]

Thank you for your advice

[@salee_talks]

you're welcome

[@jbdelacruzdigital]

that depends on the restaurant.

[@Dear_9000]

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]

yep exactly 👍💯🙏

[@Gener-m8o]

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]

yes 👍💯

[@johnlove6194]

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]

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

[@elimarrosales8930]

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

[@jcbhourge1290]

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

[@salee_talks]

welcome po 🙏

[@CG-fn2cj]

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]

thank you for sharing

[@cocomine8897]

Investing in any business must have been surveyed well and should have done well, the strategy and location are very important to make it work well and succeed.

[@salee_talks]

thanks for sharing

[@cocomine8897]

@@salee_talks I would rather build my own brand business than joining a micro franchise business because it seems like you are just like a sales representative on the company, but if you have hundreds of millions who can afford huge franchise like Jollibee then it's okay because it's a surely succeeding, whatever business it is will always be needs to be monitored and manage well, or else you will end up losing it.

[@laust1750]

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]

thanks for sharing 🙏

[@tradingjourni]

I appreciate the honesty of this video ❤

[@salee_talks]

thank you

[@fascinationmama]

Thank god my cousins have their own restaurants with own receipes

[@salee_talks]

thank you for sharing

[@andrewsantos4285]

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]

thanks for sharing that 👍

[@MildWanderlust-tv7ip]

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]

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

[@MildWanderlust-tv7ip]

@@salee_talks thanks for the reply

[@zamboanganbeats]

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]

thanks for sharing your experience 🙏