Friday, September 3, 2010

With So Many Copycats and Origs, Franchisees BE WARNED!!! Research before Signing that Franchise Contract

1. Do you know that its a SIOMAI JUNGLE out there with so many Siomai franchises being offered all claiming to be the best? I noticed some of the Siomai booths even have the same color scheme as the market leader, Siomai House (see below)

courtesy of siomai house
(courtesy of siomai house, the current market leader)

courtesy of master siomai
(courtesy of master siomai, me thinks the Number 2)


courtesy of magic siomai
(courtesy of magic siomai, newcomer brand)

THEY ALL HAVE THE SAME COLOR SCHEME (BLACK, WHITE & RED), THE SAME SCRIPT WRITING AND EVEN THE SAME INITIALS "M" & "S". IN THE END, YOU HAVE TO ASK YOURSELF " DO YOU LIKE THE TASTE?" AND ""WOULD YOU BUY AGAIN?"

2. Siomai may be an All-time favorite, but which will you choose to invest your hard-earned savings, the leading brand with the higher franchise fee or the newcomer with the very much lower cash outlay?

3. And for the newcomer brands, will they still be here next year?

4. As one siomai franchisor told me, CHOOSE A BRAND WITH A PROVEN PRODUCT AND AN ESTABLISHED SUPPLY CHAIN ( how to get the supplies from the franchisor's storage and into your outlet. Some are smooth as Fedex and some are downright a Kalbaryo (Mt Calvary).

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