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Franchises - for those who can't?
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martynh
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PostPosted: Fri Mar 19, 2010 7:54 pm    Post subject: Franchises - for those who can't? Reply with quote

A straw poll here on your thoughts about franchises
I've always viewed the folk that take them on as people who need hand holding as they can't run an indie business. Maybe harsh but its my perspective
There are so many franchisees selling websites / ecommerce packages who are fairly one dimensional
I just can't see any benefit for me joining one.
Reason I ask is cause i'm meeting a guy next Wed who may well try to entice me with its benefits at the princely cost of 5k.

We're actually meeting to discuss a JV into internet marketing down a vertical industry channel - they've already done in in hospitality.....bet that interests Paul!!!
They provide the infrastructure which services their franchise, I have the specialist knowledge.

Martyn Very Happy
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Kay
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PostPosted: Fri Mar 19, 2010 8:24 pm    Post subject: Reply with quote

Martyn, interesting as your post is, it's not a great idea to cross post it (post the same thing on several forums) it just means that some of us have to read the same thing over and over again,

It gives me a feeling of deja vu.

I say, I'm sure I've been here before. Why do I get this deja vu feeling?

Is this today or yesterday? It's hard to keep track of everything.
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martynh
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PostPosted: Fri Mar 19, 2010 8:29 pm    Post subject: Reply with quote

Don't know what you mean - can you explain?
This is an original posting done 10 mins ago - don't understand how it can appear elsewhere
cheers
martyn
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Kay
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PostPosted: Fri Mar 19, 2010 9:16 pm    Post subject: Reply with quote

Sorry, Martyn. I was sure I'd seen it before - possibly mistaken and if that's the case I apologise.

I'm always trying to do too many things at once and I do make mistakes sometimes. Embarassed

I've more recently been fighting a battle with the Novotel at Bangkok airport and it looks like I've won. (See Not Delia). I'm always fighting about something or other, Sorry you got in the way of my "vigilance" when you didn't deserve it. I don't know why Aaron doesn't chuck me off but I'm doing my best, Smile

I'm sorry, please be friends again. Smile
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martynh
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PostPosted: Fri Mar 19, 2010 9:26 pm    Post subject: Reply with quote

You were probably confusing it with the post i made on LinkedIn

Go on then we can still be friends
I'll run the gauntlet with the mad Scots Teuchter - aye I remember calling people that when in Scotland for 8 years - mainly cause they called me a big sassenach.
By the way. Wink

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PostPosted: Fri Mar 19, 2010 9:47 pm    Post subject: Reply with quote

How dare you call me mad? Laughing

No one has ever suggested such a thing before. (Erk, I'm not very good at lying.)

I'm glad we can still be friends. Smooch

(And with any luck Aaron won't chuck me off and I'll live to see another day with my usual sarcasm.) Smile

You lived in Scotland? I'd love to hear more.
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martynh
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PostPosted: Fri Mar 19, 2010 10:38 pm    Post subject: Reply with quote

Degree from Dundee for 3 years and then professional training as a Scottish Chartered Accountant in Glasgow for 4 years. Then escaped to Yorkshire Wink
The mountains lured me back every year & I finished climbing the Munros in 1999, with my wife who also finished them on her 30th birthday.
Since then we've named our kids Fiona (after Sgurr Fiona on An Teallach) and Lewis (after the Hebridean island). In a few years they'll be old enough to return with us to the Scottish hills.

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Kay
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PostPosted: Fri Mar 19, 2010 11:20 pm    Post subject: Reply with quote

Brilliant! Thanks for sharing. I used to be a climber not a walker, and my very first Munro was the In Pin (the inaccessible pinnacle). Quite easy to get up. A wee bit difficult to get down if you're not used to abseiling. Laughing People kept yelling at me to "bend your knees", so I ended up landing like some kind of chimpanzee. Oh well, I got a bit of kudos for it because it was the Munro that the baggers were mostly afraid of. Laughing

Well done on getting your Scottish CA - I failed, but I don't mind too much. People don't think I'm so boring. Twisted Evil Laughing
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PostPosted: Fri Mar 19, 2010 11:45 pm    Post subject: Reply with quote

Yup we're climbers too - did some good routes on Buchaille Etive Mor & Polldubh
The fun is now climbing with the kids - did some ace bolted routes on Cyprus in October
Lewis (6) froze on a top roped route near the top so I had to solo up to coax him down
Rolling Eyes
At Easter we'll try and climb in the Lakes.
If its wet, we'll visit Kendal - look out for me Paul Wink

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PostPosted: Sat Mar 20, 2010 8:33 am    Post subject: Reply with quote

I don't climb any more, but I had a lot of fun when I did. I remember racing up a sea cliff and a guy out walking his dog stopped to watch. He said, "Bloody hell, it's Spider Woman!" before he wandered off.

Oh yes, climbing was such fun. I used to hate falling off, though. Ach, it never usually did me any harm. One time I fell off quite high up. I scrabbled and scrambled to do everything to save myself but I knew I was going to come off. Luckily, I was roped up (as usual) so I yelled up "Tight!" just as I fell off. And then was surprised to find that I went up not down. I got a better hold after that unexpected "lift". Everyone was laughing and referred to this unorthodox move as my "assisted dyno".

And then there was the time when I fell during an ice climb and stabbed myself in the leg with my ice axe... but that's another story. I still have the scars to show for that one. Laughing

I've just discovered the group I was a member of now has a website: http://moraymc.wordpress.com/ I'd not thought about them for years so thanks for reminding me.
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PostPosted: Sun Mar 21, 2010 7:41 pm    Post subject: Reply with quote

martynh wrote:
At Easter we'll try and climb in the Lakes.
If its wet, we'll visit Kendal - look out for me Paul Wink


I look forward to your booking. The place sleeps 4, y' know. Wink
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martynh
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PostPosted: Sun Mar 21, 2010 8:01 pm    Post subject: Reply with quote

Was thinking of dropping in on you in your office Shocked Smile
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PostPosted: Mon Mar 22, 2010 12:10 am    Post subject: Reply with quote

Drop me a PM if you're going to be passing... Smile
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PostPosted: Mon Mar 22, 2010 9:24 am    Post subject: Reply with quote

Sorry, Martyn. I took your thread completely off topic, but I shall try to make amends. Smile

First, though, all the talk of climbing and visiting the Lakes sounds great. Dave and I are planning a brief visit to Scotland in the summer, I wonder if we might make it down as far south as you guys in the hope of meeting up. (Most likely you'll run for the hills if you think I'm heading your way. Very Happy )

BTW, I figured out what caused my earlier deja vu (apart from this blood disease I have, ie nearly always too high an alcohol content Embarassed ). I think there's something wrong with the cookies on my computer. I get the orange flags for unread posts even when I have read them - sometimes even when I've written them. So if I'm not more careful about what I have and haven't seen before it can get a bit confusing, especially for an old girl like me who doesn't have an over-abundance of braincells left.

Back on topic? Franchises...

Quote:
A straw poll here on your thoughts about franchises
I've always viewed the folk that take them on as people who need hand holding as they can't run an indie business. Maybe harsh but its my perspective
There are so many franchisees selling websites / ecommerce packages who are fairly one dimensional
I just can't see any benefit for me joining one.
Reason I ask is cause i'm meeting a guy next Wed who may well try to entice me with its benefits at the princely cost of 5k.

We're actually meeting to discuss a JV into internet marketing down a vertical industry channel - they've already done in in hospitality.....bet that interests Paul!!!
They provide the infrastructure which services their franchise, I have the specialist knowledge.


I suppose they are quite a good idea for people who want a business but do need that bit of hand-holding. There's also the advantage of a recognised name and a formula (recipe?) for how to run the business. There's one that seems to be successful in Thailand (where I spend quite a bit of my time). It's a sandwich bar type of place called Subway. This would absolutely not be my kind of business, because if I were to own a sandwich bar then I'd want to do my own thing. I'm pretty useless at following instructions or recipes.

However, Subway is a brand, it's a recognisable name which is fairly predictable about the products it sells. I can see the benefits, for a certain type of person, of buying such a franchise.

But you are too well qualified, and experienced in business, to need such hand-holding. You're also questioning whether it's right for you. I don't know you very well but my gut feeling is that a franchise isn't right for you. If you have five grand to invest in a business, then I'd say - go it alone!

Paul and I have discussed the pros and cons of JVs before (out of interest, not because we were considering one) and we both reached the conclusion that in most cases it's a business model that's doomed to fail.
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martynh
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PostPosted: Mon Mar 22, 2010 9:37 am    Post subject: Reply with quote

Thanks for the comments
I'd agree with your thoughts on franchises & my "fit" into a franchise

I read somewhere that an entrepreneur claimed he was "unemployable". Smart but plays by his own rules.
I think I've got to that stage and a franchise feels little more than a looser version of the dreaded corporate life. I'd be looking to manage the franchiser.
A friend has a franchise in a lawncare business - I've discussed it with him and the owners are pretty clueless about internet marketing but his hands are tied.

We have Subway in UK - great low fat food - but boy does it follow a formula

Martyn Very Happy

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