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to fail as franchise investment
Forced to invest in unproven concept
Leasehold improvements worth next to nothing
Offered much less than market value of franchise
Sunk Cost Fallacy: very hard to resist putting good money after bad
Sunk costs: franchisee's trapped capital keeps them chained to treadmill
http://www.wikidfranchise.org/the-marriage:divorce-court
? Who wins? Does anyone? This is why the NBN is needed.
http://jefflefler.wordpress.com
September 9, 2009
Motivating a Dependence on the Franchise
Jeff Lefler
I’m curious to know how many Franchisees
http://www.wikidfranchise.org/20090909-motivating-a
, and did not prove their claims of fraudulent inducement and misrepresentations, negligent misrepresentation, detrimental reliance, and violations of the Michigan and Maryland franchise investment laws
http://www.wikidfranchise.org/20070328-aaa-award
a large and/or sophisticated franchisee exemption, so that more offers of co-branded franchises may be exempt or excluded from the FTC Rule.
U.S. Federal Trade Commission
July 25, 1997
Public Comment
http://www.wikidfranchise.org/19970725-comment-98
unhappy franchisees, disputes with landlords, and run-ins with regulators. Every big franchise operation has such problems, of course, but what sets Subway apart is scope: It faces so much more trouble
http://www.wikidfranchise.org/19980316-why-subway
, 2004
Know the risks and rewards
Before you invest, investigate franchising thoroughly
Andrew Mayeda
Hal Hashem needs help running his business and he knows it. That's why he's glad to be running
http://www.wikidfranchise.org/20041019-know-the
and grow because they seek out and listen to the opinions of their business partners - their franchisees. Unsuccessful franchise systems are just as likely to fail because of their failure to involve
http://www.wikidfranchise.org/19990624-arleen-goodman
of ignorance on their part and a franchise model that was designed to fail.
‘‘Yes I do think they [Wendy’s] are to blame,’’ Mr Evans said.
‘‘But my wife and I have to take some blame as well because ignorance
http://www.wikidfranchise.org/20100817-icecream-dream
Bill 33. Doing so will end uncertainty in the franchisor community, and can help ensure that prospective franchisees are more educated about the franchises in which they are about to invest
http://www.wikidfranchise.org/20000203-its-time
to people with no small business experience (very naïve), Spouse can sue for losses also, Spouse dragged into negative investment, Spouse must never sign any document, System designed to fail for franchisees, United States, 20090401 Tight credit
http://www.wikidfranchise.org/20090401-tight-credit