Frustrated by not getting the real story when making franchise investment decisions? Welcome to our news community of franchisees and insiders. Click here for an introduction.
Of course, it has been indicated that "franchising" helped to bring the economy out of a Recession in the past, and that franchising grows in a slowing economy.
It would be interesting if some economist would study just what affect this has on first-owner franchisees who do not fail overnight and who do provide the stimulation of the economy in the two or three years or more they are trying to break even in their new franchised business.
While we wait for this study and some past performance statistics on first-owners of franchises, franchisees should be warned to not put their signature to any franchise agreement unless they hire an attorney like Richard Solomon of Franchise Remedies or Paul Steinberg or Michael Webster ----all Blue Mau Mau contributors.
A fair contract on a lousy concept doesn't do the job! ---As Solomon says ---Lawyers can't do everything. Your Guv ain't protecting you!
When Franchising grows in a Slowing Economy
Of course, it has been indicated that "franchising" helped to bring the economy out of a Recession in the past, and that franchising grows in a slowing economy.
It would be interesting if some economist would study just what affect this has on first-owner franchisees who do not fail overnight and who do provide the stimulation of the economy in the two or three years or more they are trying to break even in their new franchised business.
While we wait for this study and some past performance statistics on first-owners of franchises, franchisees should be warned to not put their signature to any franchise agreement unless they hire an attorney like Richard Solomon of Franchise Remedies or Paul Steinberg or Michael Webster ----all Blue Mau Mau contributors.
A fair contract on a lousy concept doesn't do the job! ---As Solomon says ---Lawyers can't do everything. Your Guv ain't protecting you!