A convicted con man of bogus business opportunities confesses to what words make small business owner wannabees positively croon. For budding entrepreneurs out there, “be your own boss,” “work from home,” or “No Risk! Guaranteed! (aka, “a proven system”) are the hallmarks of tricksters at work.

No one disputes that there are lucky franchisees in systems where a relationship with a reputable franchisor is repairable when a conflict arises.

Here is a list of the reasons that franchisors fail. Some of the following ingredients for franchisor failure will seem to be duplications in some situations and not in others.

Bernie Madoff is providing us with gallows humor relief from the continuing saga of crooked franchise schemes and how easily the investing public is taken in by slick and fraudulent franchise salespeo