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that the ACCC will act.”
Australia
www.smartcompany.com.au
June 12, 2008
Kleins collapse turns nasty
James Thomson
The administrator of collapsed jeweller Kleins will investigate breaches
http://infofranpro.wikidot.com/20080612-kleins-collapse
The reasons for the collapse are not clear at this stage, although franchisees have said that Worldwide's offset printing operations (known as its "manufacturing" division) has been
http://infofranpro.wikidot.com/20100310-worldwide-online
!”
smartcompany.com.au
December 10, 2014
Is Wendys melting? Up to 116 stores collapsed or taken over by management in just eight years
Andrew Sadauskas
A former franchisee of ice cream and hot dog chain
http://infofranpro.wikidot.com/20141210-is-wendys
that governments can and do ignore.
http://bluemaumau.org
August 27, 2009
David Reid Homes
Ray Borradale
I’ve been approached by a large group of David Reid Homes franchisees that allege the system is a disaster
http://infofranpro.wikidot.com/20090827-david-reid
Buchan found that 13 out of 14 franchisees involved in a system collapse lost money – a staggering 93%. Most were unable to continue their businesses directly or indirectly as a result
http://infofranpro.wikidot.com/20080617-when-franchisors
Jirsch Sutherland has estimated it will earn between $425,000 and $550,000 from Pie Face's collapse. This depends on variables including "issues with franchisees".
The Sydney Morning
http://infofranpro.wikidot.com/20141203-not-fair
it became liable for the debt - transfers likely to raise doubts over whether the Pollards could recover the amounts owed for the collapse of their franchise.
Adelaide Now
July 23, 2012
With 15
http://infofranpro.wikidot.com/20120723-with-15
THE Pie Face group of companies was trading while insolvent for at least 12 months before collapsing into voluntary administration in late November and did not appear to have ever been profitable
http://infofranpro.wikidot.com/20141222-unprofitable-pie
if their franchisor goes into administration.
Here are 10 key risks to franchisees of insolvent systems:
1. The risk of little useful information
Many insolvency practitioners do not understand
http://infofranpro.wikidot.com/20141124-when-franchisors
is given to the buyers' ability to run a franchise system."
"Franchisees are also vulnerable to the decisions made by liquidators that could affect their business viability.
"For example
http://infofranpro.wikidot.com/20060306-franchisees-struggle