March 6, 2014
Find below a message I received at 1:48 pm today from WordPress.com showing (presumably) that Mr. Brad Sokach is now receiving each of my posts on voteLesStewart.ca by email.
The last business card that I have for Mr. Sokach P.Eng., his position and duties is here:
The 6 weblogs/wikis that I have solely written on since February 2008 have had 1,893,461 views.
Disclosure: I am a candidate for Deputy Mayor in the township Oct 27, 2014 municipal election.
Posted on WikidFranchise.org, FranchiseBanker.ca, SpringwaterParkcc.org, iLoveMidhurst.ca, and voteLesStewart.ca.
February 17, 2014
The Arthur Wishart Act (Franchise Disclosure) Act, 2000 exists because of Martin. He draws people together is a way only an Irish immigrant could.
I would suggest ALL franchisees, everywhere, who know enough to value the legal protections that “good faith, fair dealings and commercially reasonable” might give to their life, recognize this, faith-filled parliamentarian’s fearless role in not managing but eradicating predatory industry practices, starting in 1996.
As reported in the Sault Star, NDP colleagues offer words of support after Tony Martin hospitalized after suffering stroke:
The longtime NDP politician and anti-poverty activist reportedly suffered the stroke Sunday.
Bud Wildman, former provincial cabinet minister and a close friend, said doctors are hopeful Martin, 65, will recover.
He said Martin’s family is by his side.
“I’m concerned for my friend. He’s a strong person. I’m hoping he’ll make a full recovery,” said Wildman.
My thoughts are with Bud, Madge, Karen and Jacques and especially Anna and their children.
August 27, 2013
The public gets franchising.
The comments prove it.
Please see an article on Ron Joyce of Tim Hortons called Tim Hortons billionaire Ron Joyce selling his yacht for $19.9 million:
Ron Joyce made a lot of money on coffee and doughnuts.
But he’s sailed into choppy waters when it comes to his 49-metre luxury super yacht.
The former owner of Tim Hortons has put his yacht Destination Fox Harb’r Too up for sale. And it looks like he 82-year-old billionaire is prepared to take a bit of a bath on it — at least $10 million.
The comment I chose to highlight when I entered it into WikidFranchis.org:
Wow!! 20 million – that’s a lot of donuts and coffee. Too bad Tim Horton wasn’t able to enjoy any of those spoils.
The franchising part of the business was bitter-sweet for Tim’s family also. And maybe Jim Charade’s?
August 23, 2013
Multi-tradename franchisors often are (how should I say this) the least sensitive to franchisees’ investment concerns,
A very good article on Blue MauMau by Janet Sparks, Kahala Acquired in Auction by Serruya Family:
TORONTO – The Serruya family today announced that they have acquired a controlling interest in Kahala Corp., owner of Cold Stone Creamery and many other franchised brands. The transaction was completed on Monday.
The Serruya family brings substantial experience in franchising to Kahala. They are planning for growth of Kahala brands in both international and North American markets.
The new franchisors seem to have to prove something to knowledgeable franchisee advocates.
Former Cold Stone franchisee Cecil Rolle, who has been engaged in litigation with the franchisor said, “I’m hoping the acquisition of Kahala Corp by the Serruya Family is a watershed moment for Cold Stone Creamery franchisee profitability and the harmonization of the franchisor to franchisee relationship, which has been as contentious as they come. The Serruya Family will have to prove to me they are serious about the concerns of the franchisees and their families. Rolle has been an advocate for current franchisees, assisting them in profitability and other issues.
Some of the comments about the buyers from a related Globe and Mail article are speak to all the franchisees might be in for:
Have to agree with the general thrust of the other posts here. These scumbags are right up there with Marc Tellier re ability to engineer massive shareholder value destruction whilst at the same time garnering obscene riches for themselves.
i also got creamed owning their stock. Also, rode up the swisher stock that coolbrands turned into. That stock was jacked up to $10 now its at $1 again!! I will run away from anything that they are selling. No more stocks from them. won’t even try yogurtys since they r involved. Are they still doiong business deals with Jack Banqueseus aka Jack Banks who had four public shell stocks?
this post is all in my humble opinion
Franchisees have much, much less protection against opportunism than do owners of publicly traded stock.
June 30, 2013
Moral indignation is a technique used to endow the idiot with dignity.
The latest pathetic example is the entirely predictable Lick’s “fiasco”.
Please: give me a break. Like it hasn’t been happening for 30, 40 years with the full knowledge of the legal, banking and political communities. Take a look at WikidFranchise.org to hear those inconvenient life stories.
Sure when you lose big-time it hurts. but where were the tears for the thousands of others that went before you?
My experience is that the real reason many franchisees are upset about not being on the power end of the relationship. They got stuck with the shit end of the stick before they could stick the next guy.
And this may sound harsh, but they will double-cross anyone that offers help in good faith.
Drop the scales from your eyes and grow up.
I wouldn’t have seen it if I hadn’t believed it. Marshall McLuhan.