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This website created for sharing my personal journey in Singapore, no specifici purpose. You may contact me via wechat: yuehai021.

Thursday, June 10, 2010

Specialized diploma in Franchise and enterprise management in Ngee Ann Poly

So You Want to Franchise Your BusinessThis is really interesting program; and I was attracted to it, not just because of its cheap cost (90% refund by government due to SPUR program), also I have been thinking something like franchise for quite a period, and I am not sure whether I will be one of the franchisee in the future or not (of course, I hope so, as least I have something to showoff in front of young generation when I become old).

A few point here:

1. All students are adults, and their profiles are really very wide (from business owners, banker, house agent, Franchisor, Franchisee, and engineer like me etc.);

2. Very demanding from lecturers, almost every lecturer requested the group projects and presentations, sometime really busy with these kind of preparations and presentation of projects;

3. Topic is useful; at least much broaden my knowledge;

4. some of the lecturers are really good enough, they have a lot of wonderful personal experiences to share.

So far so good, as a conclusion at this moment, franchise may not suitable for most of persons, and may not make decent income at your initial startup stage. And maybe you will be the next failure since most of the franchisees will drop finally due to all kinds of reasons.

I don’t know what will happen on me after this program.