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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/sunk-costs
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
, Money pit franchise, Personal assets pledged to cover business, Personal guarantees cause good money to go after bad, Operating losses from Day 1, Sunk Cost Fallacy: very hard to resist putting good
http://www.wikidfranchise.org/20080628-subway-franchisee
: very hard to resist putting good money after bad
Sunk costs: franchisee's trapped capital keeps them chained to treadmill
Supplier kickbacks
Suppliers and landlords act as if they were
http://www.wikidfranchise.org/risks
and Mail
November 9, 2005
Bank regulator takes hard line against money laundering
Janet McFarland
Some smaller financial institutions in Canada have "hesitated" to comply with their requirements
http://www.wikidfranchise.org/20051109-bank-regulator-bank-regulator-takes-hard-line-again
and Mail
January 25, 2010
Under fire, Wall Street puts its money to work
Banking industry is well represented in Washington - with three lobbyists for every member of Congress
Konrad Yakabuski
In first
http://www.wikidfranchise.org/20100125-under-fire
into the erroneous concept that the word franchise was synonymous with “safe investment.”…as many as 80 per cent of new franchisees lose their businesses…
London Business magazine
December 1995
Hard Lessons
http://www.wikidfranchise.org/19951201-hard-lessons
in a bad barrel, rather than bad apples in a good barrel?”
Scientific American
August 1, 2007
Bad Apples and Bad Barrels
Lessons in Evil from Stanford to Abu Ghraib
Michael Shermer
The photographs
http://www.wikidfranchise.org/20070801-bad-apples
it, I feel sorry for all parties involved. I am in my third year and was profitable only after my second. It is very hard to make money working for a franchise, all I can say is that you must look
http://www.wikidfranchise.org/20091018-bad-ceos
. And they'll be there to support you!
Sounds great, doesn't it? Be careful. Before you put down your hard-earned money on one of these, think it through. Is the franchise a proven success in markets like
http://www.wikidfranchise.org/20090406-if-franchise
