Critics, including this journal, say that buying a franchise is riskier than ever, that the reality of the franchise system is often purposefully and skillfully hidden and that it is easier to fail nowadays once you plunge in.
Franchise attorney Robert Zarco of Zarco Einhorn Salkowski & Brito speaks about the simmering of a possible franchise revolt against McDonald's with Erik Schatzker of Bloomberg Television's "Market Makers."
Franchised restaurant chains are extending their opening hours in hopes that they can scrape in a few more dollars. Reporter Sarah Needleman of the Wall Street Journal asks two experts, who are not unknown to Blue MauMau, is it worth the extra expenses for store owners?
MIAMI – Attorney Robert Zarco and his client Rodolfo F. Puig, franchisee of Cold Stone Creamery, have now declared that Puig’s three stores are profitable, despite having numerous tax liens, judgments and litigation from creditors against him.
A Cold Stone Creamery, photo/blue maumau; Gift Card/Cold Stone web site
MIAMI – The law firm of Zarco Einhorn Salkowski & Brito, PA filed a lawsuit today on behalf of an independent franchisee association against franchisor Cold Stone Creamery for failing to give its members an accounting of monies collected from third-party vendors and the franchisor's gift card program.
BALTIMORE – Essential Pizza filed an emergency motion yesterday asking the court to unfreeze its bank accounts after filing for Chapter 11 reorganization. Because of the freeze, the Papa John’s franchisee is unable to meet its payroll for 1200 employees.