History
We are former franchisees from the most blue chip systems.
History of WikidFranchise
We:
- started as a McDonald's crew guy 37 years ago,
- believed that franchising was safer and a legitimate form of business ownership,
- watched our peers (a) try and succeed and (b) try and fail (no rhyme or reason),
- thoroughly researched our own system before we signed (killer due diligence),
- worked like hell to make it go but failed to achieve our financial goals,
- tried to negotiate informally with our franchisor but were told it was our fault,
- realized that many people have run into problems,
- tried the legal approach without any luck (injunction hearing, trial, etc.),
- turned to the political process for a better law (no luck there),
- learned how the media could help (deep history of horror stories),
- sued by two blue chip international systems (a) 1,600 franchisees and (b) +$1-billion sales,
- started a national franchisee advocacy group (Canadian Alliance of Franchise Operators),
- wrote a 2005 paper to Industry Canada about the use of their government guaranteed loan programs in franchising (free .pdf),
- defined Predatory franchise lending,
- developed a +$6 million fraud conspiracy lawsuit (free .pdf),
- became an expert on organizing groups of franchisees,
- refused to sign a confidentiality agreement,
- collected 2,000 documents along the way, and
- waited.
WikidFranchise is where franchisee stories are told and preserved.
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