Nobody buys a franchise without having some model or idea about how profitable the franchise will be. Some of these models or ideas are good, some wrong, and some just dumb.
Click the image to read the Supreme Court order in the Chrysler Bankruptcy. Now here is the order that the Dealers wanted (pdf). The discrepancy of the two orders between the court and the dealers' attorneys show what this fight was about.
People are bad negotiators. They leave money on the table, passing up deals that can benefit both sides. Worse, most think themselves as good to decent negotiators. They are wrong.
An iconoclast Canadian thinker on franchising has a fascinating take on Independent Franchisee Associations. He expounds on stages of franchisee efforts in attempting to resolve their problems.
On May 9, 2006, over two hundred franchisees, principals and guarantors of “The UPS Store” filed an action against various Mail Boxes Etc., Inc. (“MBE”) and United Parcel Service, Inc. entities (“UPS”).
