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Sunk Costs: beg to get back 15%
Assets sold for fraction of cost or value
Credit note system
Designed to fail as franchise investment
Forced to invest in unproven concept
Leasehold improvements
http://www.wikidfranchise.org/sunk-costs
to invest in unproven concept, Forced to spend on renovations, Raining litigation, Lawsuits, class action, Cannon fodder, Uncle Tom-ish comments, United States, 20080416 Dairy Queen
http://www.wikidfranchise.org/20080416-dairy-queen
, Lawsuits, group, Independent franchisee association, Franchisee revolt, Forced renovations, Franchisees have no say on new brand, Debt traps, Forced to invest in unproven concept, Franchisor tries
http://www.wikidfranchise.org/20080228-dairy-queen
-franchises.html?ITO=1490
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Risks: Beggars can't be choosers: take what you're given and shut up, Bullying, Forced to invest in unproven concept, Gag order
http://www.wikidfranchise.org/20101130-dyno-rod-accused
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
? What kinds of experience and skills do they have? How much capital do they have to invest?
Each concept requires a different level of investment. For franchise fees, construction, inventory, staff
http://www.wikidfranchise.org/20100301-wonderfully-fresh
returns, Losing money hand over fist, Franchisor knew they were selling money losing concepts, Re-sold at a heavy loss, Spouse dragged into negative investment, Legal fees big part of total loss
http://www.wikidfranchise.org/20090301-franchise-fraud
to invest in unproven concept
Forced to sell
Forced to spend on renovations
Forgiveness
Forensic accounting
Forgery
Formal parliamentary public hearings
Fox to guard the henhouse (self-regulation)
Framing
http://www.wikidfranchise.org/risks
line that would help sales. One may ask any franchisee who was forced to buy two $1,200 milk shake maker if they every broke even and the answer will be NO.
Basically, the large investment that I
http://www.wikidfranchise.org/20101228-cold-stone
with the Toronto Maple Leafs, Horton was the public face of the original concept, a hockey icon whose name alone could reel in customers. But his behind-the-scenes partner, Ronald V. Joyce, was the man
http://www.wikidfranchise.org/20100907-tim-hortons