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Franchisees of an Australian ice cream chain, Wendy's, are hopping mad at one of their franchisees for going on television and trashing the franchisor. They are upset as the value of their shops drop.
Wendy’s Franchise Advisory Council, an elected body of 10 franchisees across the 200-strong national chain, says that Banks has hindered their businesses due to the negative media coverage generated by his remarks. Last June, Banks, who runs a Wendy’s store in Mount Druitt, NSW, appeared on ABC show Lateline to complain about his franchisor, claiming that he was forced to pay high prices for equipment, damaging his margins. - StartupSmart