WikidFranchise provides a transparent, credible and free educational resource for those interested in the business format franchise industry.
- WikidFranchise is a document collection
What Types of Documents are here?
They all related to the franchising industry from over 50 countries:
• published articles: newspapers, magazines, trade journals (print & online),
• public hearing testimonies,
• judicial and arbitration decisions, and
• private correspondence
Is it a Due Diligence tool?
No. Absolutely NOT.
WikidFranchise was never intended to be used in an unsupervised pre-sale due diligence way. It is unwise to do it alone. You should work with an experienced commercial lawyer (+60 years-old, regionally-known: not a franchise-specific one) for a minimum of 6 months of investigation and budget about $3, 000 to $5,000.
Net worth of less than $1 million?: You must work for an existing franchisee for 6 months as an employee. If you cannot afford that "lost" time, you deserve to lose your life savings.
This library of documents does not replace professional advice.
Your partner should also have independent legal advice before you sign.
WikidFranchise is NOT:
• statistically valid,
• a criticism or endorsement of any specific individual or company,
• a way of predicting the future,
• a method of “gettting back” at anyone, or
• comprehensive (we only take samples of certain types of documents).
Do not assume that because System X or Executive Y are not listed here that that means they are "good".
Most predators are very skilled at covering their tracks and frequently belong to the national franchise association that says they're all about "quality".
