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Owning a franchise isn’t an automatic ticket to wealth and happiness…were less enthusiastic when asked if they would buy the same franchise again. Only 65 per cent of franchisees said they would
http://infofranpro.wikidot.com/19980323-franchise-figures
credibility – and greater profit potential.
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Risks: Abuse inherent in modern franchising, Lawsuits, class-action, Canada: most heavily franchised economy in world, Banks
http://infofranpro.wikidot.com/20001201-the-new
at administrative functions, with minimal time spent learning the fundamentals of hands-on painting.
A potential pitfall for franchise buyers is the nature of the painter workforce. The painting industry
http://infofranpro.wikidot.com/certapro-painters-franchise
The Australian dream of becoming self-employed can be the path to financial security, but it can also go disastrously wrong.
BRW
January 26, 2009
The franchising trap
The Australian dream
http://infofranpro.wikidot.com/20090126-the-franchising
“Franchisees provide the money but the franchiser controls it. That’s the fundamental (aspect) of the relationship and that’s where the abuse comes in. Control tactics are used in the relationship
http://infofranpro.wikidot.com/20000308-tough-franchise
incompleteness. The point of departure is the fundamental insight of relational contracting theory, namely that when a contract is embedded within an identifiable relationship, such as the franchise
http://infofranpro.wikidot.com/1990401-problematic-relations
a franchised business. Empirically, the study found that franchised businesses account for only around 12% of businesses advertised so clearly a higher likelihood exists of litigation involving franchises
http://infofranpro.wikidot.com/20090615-franchises-and
…markets aren’t like parties: No sane investor really wants to crash a crowded one. This is what the field of franchising is starting to look like. Dixon used to record roughly 350 business deaths
http://infofranpro.wikidot.com/19960426-franchise-fallout
How does the typical franchise work out? Rupert Barkoff, chairman of the American Bar Association's franchising committee, estimates that for the typical chain only a third of franchises do well
http://infofranpro.wikidot.com/19910201-franchise-hell
”. Investor confidence in the industry appears to be following the theory of “The Tipping Point”. The pathogen is: don’t invest in any franchise because the risk of loss is too high.”
Fundamental Question
http://infofranpro.wikidot.com/20030121-information-sharing