Working as a Zee employee before you buy or when you train

Working as a Zee employee before you buy or when you train

The Zors who conduct training in some of their units always pick the profitable units to train the Zees and they can continue to hide the failure rate of the franchised business plan in Item 20 transfer columns.

Just think, some one could decide to actually work in a profitable unit and then buy into a network with a high failure rate ---and wonder what happened when they couldn't make it after two or three years and their working capital was running out.

It is all very unfair not to be disclosing the true and accurate failure rate of first-generation franchisees in the UFOC's and to obscure the actual failure rate through busy and imprecise charts that were designed to conceal the true rate of failure of the franchised business plan. Who said government attorneys, when working together with franchisor attorneys, aren't smart. If the government doesn't have to know the failure or the success rate of the franchised plans they are regulating, they can ignore churning and pumping and dumping!

The proof of the pudding and the proof of the viability of the franchise that is being sold is in the success of first-generation franchisees who build and finance the physical units that bear the brand name. This is an essential and material fact that should be disclosed under law.

Item 20 By: Mr. Blue MauMau (242 replies) Mon, 2007/07/02 - 12:55