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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://infofranpro.wikidot.com/sunk-costs
make legal services into credence goods par exellence; the winner-take-all and tournament nature of the competition among lawyers; the sunk costs of lawyer-client relationships and hence the potential
http://infofranpro.wikidot.com/19991001-the-price
terminations during protection to flip to new owner
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
http://infofranpro.wikidot.com/the-marriage:divorce-court
not have specific qualifications but were attracted to the franchise
Had high sunk costs (debt-servicing needs) from paying a high franchise fee and had paid for an expensive fit out in a major shopping
http://infofranpro.wikidot.com/20060306-franchisees-struggle
: contract creates powers which are used to strip investor value during relationship, Raining litigation, Social media marketing, Sunk costs: franchisee's trapped capital keeps them chained to treadmill, United States, 20100909 Food trucks2
http://infofranpro.wikidot.com/20100909-food-trucks2
be better at papering-over the single greatest risk to franchisees: franchisor over-reaching (opportunism) which difficult to defend against because of sunk costs and few franchisee associations
http://infofranpro.wikidot.com/20100913-five-things
worse than no disclosure, Negative publicity, Sunk costs, Whistleblowers, Vacuum of information favours dominant party, Undue influence, Trade association creed, Tobacco industry-type defence, Symbiotic
http://infofranpro.wikidot.com/20080206-wa-franchise
the road, Sold to dodge legal actions, Sunk costs: franchisee's trapped capital keeps them chained to treadmill, Canada, 20090413 Franchiser swallowing
http://infofranpro.wikidot.com/20090413-franchiser-swallowing
to close.
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Risks: Franchisee abandons their investment, Independence, Lease controlled by franchisor, Sunk costs: franchisee's trapped capital keeps them chained
http://infofranpro.wikidot.com/20011207-country-style
, 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://infofranpro.wikidot.com/20080628-subway-franchisee