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Friday, 23 October 2009

  • it seems a little bit more difficult than what i expected to get a loan to start our Subway. talked to CIBC yesterday, and they said they don't lend out money for opening a new business. they only do the job for existing business with at least two year financial statement on hand. they will determine the maximum amount of the loan based on the equity of the business showing on the financial statement. usually between double to triple of the amount of the equity can be obtain as a loan. lower amount lower interest, between prime+3% to the mortgage rate+3%.
    but the thing is they don't provide the service to a new business. they said it's better to approach those banks who have a partnership or a agreement with Subway. they may lend out money for a new Subway. i know those banks are BMO, TD and Desjardins. i'm going to make appointments with each one to get the information about loans. hope there will be some good news. i checked one more time the Subway franchise information i got from the seminar. basically, we need $150,000 for a lower cost Subway location. that's a lot less than what we thought before which is $250,000 or $200,000. but still, we need $50,000 loan even though we can get a $100,000 mortgage from the house.
    anyway, i believe there is a chance to get what we want. i have a lot of confidence to do the business now and i'm getting more and more interests on running a Subway. actually, i'm more and more interested in working for myself but not for others. it will give me more motivation to do things better and harder.

    yeah, i've run with eggplant for 3 mornings!! that's a good start.

Wednesday, 21 October 2009

  • i'm in the process of buying a franchise--Subway. about two weeks ago, kun's father said it's a good way to know more about a franchise if you can work in there first. i think it's a good idea even though i have never thought about it before. i selected about 10 stores located around downtown area, went there, and left the job application form downloaded from Subway's website.
    most of stores, i couldn't meet the manager or the owner because they are normally not staying in the store but just go there once a day. i met one owner one manager though. they both gave me a call and asked me to an interview. the owner is a Chinese. i told him very honestly the reason of why i wanna work in a Subway. i was too honest. i should have not told him the real reason. he just said he would take a consideration of me. that was it, and he has never called back.
    the second one was a manage perhaps. she was an ugly--not so ugly actually, but i don't like her--and rude woman, not friendly at all, and has a very low and loud voice. i hate hearing her voice once she speaks. but anyway, after three times of no pay working, i'm gonna work there as a full time 'sandwich artist' at least for two months i guess. at least work until kun's parents back from China, around mid-December. it's a good thing. hope i can learn a lot and know more.
    things i should do now include meeting with at least 5 Subway owners, talking with banks for loan and mortgage information, and calling to those on sale stores to try knowing more, let's say, annual sales, rent, and labor.
    it seems i'm getting busy, but that's a good thing. i'm learning French too. i found two online learning websites that were so good for a beginner. learning at home can be the best way for me. the only thing is that i have to push myself to be insistent.
    one more thing, today i ran with eggplant, hahaha. it was my first time doing exercise with eggplant. it was a good start.

Wednesday, 02 September 2009

  • qiao is pregnant. the only thing i'm thinking is, pregnant to qiao, is it a good thing? or should i say, i really don't understand why under such situation she still have the mood to give birth. what will be her future? what's waiting for her? anyway, except those complicated relationship in her family, it is the perfect age to have a baby.

Wednesday, 12 August 2009

  • it's strange. i don't know why he argued with my saying about life is tough. this year is a mile stone of my life-i'm graduating; i'm thinking my future direction; i'm facing recession; i'm looking for a job but not good enough even for a most basic job in my field; i don't have confidence; i'm reluctant to do future actions; or i'm still thinkng and need more time?

    i konw my attitude and what i'm doing right now make you confused. but please take it easy. i'm still wanna be independent and have never think about rely on someone eles for living. earning money by myself makes me happy ,and this was, is, and will be the only way i live. you don't need to think so much about how to support the whole family. actually, if i wanna have a baby or babies, it will only happen once i can effort them financially by myself. you might be angry with what i'm saying, because it seems that i didn't take you into account when i'm talking about our future--whether or not having baby. but it's not true. i did think about us as a unit. what i just said merely indicates my bottom line of giving birth. hope you'll understand.

    i just need some more time. 80% of the chance is that i'll look for a fanchise. however, i'll try fnding a job. before i make any decision, i think the best way for you is to keep going to school. even i choose doing franchaise, i'm sure i can deal with it, because i will choose some super small business due to our lack of money.

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