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Old 08-05-2011, 05:20 PM   #3
iEatClams
WOAH! i think Vtec just kicked in!
 
Join Date: Apr 2004
Location: Vancouver
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I don't mean to be rude, but if you need to go on RS to ask this question, perhaps this is not best for you to be a franchise owner.

You need to do your research by calling other Fresh-O-matics owners, asking for breif financial statements etc etc. you need to do your due diligence. What are your margins, whats the expected revenue, COGS?

Owning a business requires you to do a lot of research. I highly recommend reading books like the E-Myth, the original blue one. Many businesses fail because people don't know how to operate one.

ie. just because you a good chef, doesn't mean you will be a good restaurant owner.


I know you are trying to get rich quick but I think that both those companies you mentioned are not worth the investment. ATM services requires heavy regulation, esecially relating to Anti-Money Laundering.

The good franchises have a lot of goodwill & you have to pay for and are super expensive to get into. Many often fail.

It's just my two cents, but personally i wouldnt go near shiet like this.
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