The Franwad Constituency

You just might be a FRANWAD if:

You do not have experience as a franchise business investor and you refuse to pay several thousand dollars for killer due diligence, choosing rather to risk losing everything you have ever managed to accumulate during your entire life.

You believe that the mindset of doing yourself what you have no expertise for is the appropriate way to fix those uppidy lawyers whose fees are not "cost friendly".

You buy a freanchise on discovery day, or on any other day for that matter, not having the benefit of competent due diligence, signing ten year franchise agreements, ten year leases on property, personal guarantees of the franchisee's obligations under the franchise agreemenet and personal guarantees of a large loan and of the realty lease.

You then go out and celebrate your stunning success in managing to complete such a complex transaction.

You then proceed to the non achievement of break even and the exhaustion of your working capital.

You then go out to find a lawyer who will work without payment to represent you in confronting the scoundrels who took advantage of your stupidity. The lawyer, lacking even the ability to get paid, escorts you through the maze of losing the so-called case and gives you a Yahoo map to the bankruptcy court.

You spend the rest of your life going onto Internet forum sites whining that the United States caused all your problems and that it is the role of good government in a functioning democracy to save you from your lack of business capability by stringently regulating everyone you deal with.

You attempt to shoot the repo people who come to repossess your mobile home, holding them at bay until a tornado comes along and carries it away. You dance an Irish jig to show your joy that nature deprived the repo people of your domicile.

You and your baby sister then elope.