WikidFranchise

Too bad that the government and the "powers that be" decided that franchisors could operate as if demand were infinite and credit was infinite because of home equity credit lines that could be used for "business" purposes. The bubble in residential mortgages was accompanied by a bubble in the commercial sector, especially in franchising.

It appears that neither government or anybody has any fiduciary duty to the "independent contractor" i.e., the franchisee, on the bottom of the pyramid who is routinely saccificed to the growth of the franchisor and the other special interests on the top of the financial pyramids.

Everybody cooperates to hide the RISK from the new buyers of franchises because if the risk was disclosed and the ramifications of the contract were understood, it would be difficult to sell franchises, and that would be bad for business and thus bad for government, as well.

These sad ends are predictable which is even sadder!