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February 16, 2007
A Cautionary Tale For New Franchisees
Mary Crane
On its face, franchising promises the best of both worlds. You get to be your own boss while avoiding the bloody learning curve that comes
http://www.wikidfranchise.org/20070216-a-cautionary
was filed in May by a group of 17 franchisees in New Jersey. The franchisees are claiming they were harmed by the company when it took franchise fees from the plaintiffs but refused to approve locations
http://www.wikidfranchise.org/20050807-billings-quiznos
sold over the past 18 months.
Green Acres has distanced itself from Mr Lapham, but last week told franchisees - predominantly Indian and Chinese immigrants - it would honour the franchises
http://www.wikidfranchise.org/20080119-ironing-scam
price breaks in exchange for exclusivity deals. The store will buy all its milk from only one dairy, for example.
Suppliers use rebates to induce stores to try new products or promote existing ones
http://www.wikidfranchise.org/20040404-rebates-rhubarb
(very naïve)
Sold to dodge legal actions
Sold used equipment when franchisee thought it would be new
Sold useless or inappropriate equipment
Solicitation to commit first-degree murder
Solicitor-client
http://www.wikidfranchise.org/risks
amendment to the Business Practices Act or in new legislation. Franchisors would be required to provide prospective franchisees with disclosure document containing information about the franchisor
http://www.wikidfranchise.org/19980601-ontario-franchise
But I would argue that there are many, many franchisees, or would-be franchisees, that do not have that background knowledge, and that they're, in fact, quite dependent on others, in terms of being
http://www.wikidfranchise.org/20100513-the-franchises
owners looking to open a new location or upgrade their store, as well as leases on equipment for new franchisees. The company will guarantee and service the loans, and it has banks that will actually lend
http://www.wikidfranchise.org/20090401-tight-credit
franchisee in your area went belly-up. A franchisor doesn’t even have to reveal its own financial health or give you any picture of its own balance sheet. If mutual funds were sold the same way
http://www.wikidfranchise.org/19990601-your-own
Only opening new stores for the quick cash grab
Ontario Minister of Consumer and Business Services
Oudovikine
Predatory actions
Predatory franchise lending
Sold used equipment when franchisee thought
http://www.wikidfranchise.org/the-marriage:engagement
