Many years ago I heard a story, which I believe is accurate, the then McDonald's CEO Ray Kroc spoke at Harvard Business School and confounded the students and faculty by asking what business McDonald's is in.
The collapse of Australian Go Gecko real estate franchise encompasses some common aspects of franchising with common questions about the future of it’s franchisees.
Help-U-Sell Real Estate has filed for Chapter 11 bankruptcy proceedings after a group of its franchisees filed Chapter 7 to liquidate and are seeking judgment against the franchisor of $1.04 million. Each of the network's major players have a different take on why the franchise system is in trouble.