Francis Said,

June 30th, 2009 @7:45 am edit

Hi Miss Monette… dami ko na po nabasa sa mga blogs niyo though patalon talon ako sa topics.

I’m really interested na talaga in this kind of business.

Im torn between franchise and having our own name.

Franchise po kasi I have investors like my Uncle who wanted a franchise.

I want my own name kasi yun nga cheaper and sa tingin ko naman po this is not a hard-to-manage business compare sa restaurant and the like na may malaking inventory. (tama po ba?)

May “Lavandera Ko” na malapit dito sa amin eh ang naisip ko kung sarili kong name gusto ko malapit lang din dito sa amin… Question po (hehe), ano po maaring maging niche namin sa mga kilalalng laundry shop na if ever magtayo kami ng sarili namin? Should we compete with their price or lower pa?… May chance po ba kami makakuha ng market namin? Do we expect a customer sa first day? first week?

Sensya po ha kung dami ko tanung, gusto ko nga iemail nalnag kayo para isahan hehe salamat po. Interested din ako umattend ng seminar niyo pero sana mas maagang date so we can decide kung franchise na or sarili target operational date kasi namin October 2009.

Salamat po ulit… if you could inform me kung nabasa niyo napo at nasagot (hehe) salamt po brownmonkeyph@gmail.com

salamat ulit

Hi francis,

Putting up a business takes a lot of guts, and to start one too takes up a lot of your precious time. You study your lessons and do your research. That is to make sure everything is perfect to make it run smoothly. Unfortunately, not everything is created equal. Sometimes even if you’ve made sure everything is perfect, still it’s not a guarantee that it’s gonna work out well. After everything’s said and done, your question was?

Ahh about the niche. Well for me, whoever your competition is, niche is and would always be about quality. No more no less. The higher end your competition is the better. Meaning, you can set your standard as high as possible, because with that comes a higher premium price, meaning higher profit margin..Don’t ever compete with lower price because bottomline you would be at the losing end. Of course you would always have a cut of the market. May susubok at susubok pa rin sa inyo, no matter what. And if ever that happens, grab the opportunity and don’t ever let that customer go away. Alagaan nyo na sya and make them a loyal customer.

As to franchise against own name. It’s your decision. What I can say about franchise is, it’s not a guarantee it will succeed. It will also require a lot of your time and attention to make good..same way if you make it your own name.

Good luck!