The Lord hates a coward

It should not be a surprise that the American Franchisee Association is headquartered in Chicago, Illinois.

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3 Responses to The Lord hates a coward

  1. Carol Cross says:

    Apparently, The Trade Associations, like the American Franchisee Association (AFA) and the American Association of Franchisees and Dealers (AFFD) have had to compromise and surrender to Federal Regulatory Policy and the ugly status quo in order to remain institutions who are able to pay employees, and themselves. They tell the truth —just not the whole truth, because, perhaps, this is not in their best interests?

    They do what little good they can for franchisees and struggle to survive, ultimately, to protect their own financial interests. However, it can’t be said that both of the leaders of these Trade Associations didn’t TRY to effect change by telling the truth to the FTC and the Congress.

    Have these Trade Associations BETRAYED the trust of prospective buyers of franchises by not clearly explaining the INTENT and EFFECT of the FTC Rule and State FDD’s on their websites. I think so! But, of course, this isn’t against the law. They don’t get paid for representing prospective franchisees, do they?

    Should they have tried harder? Or, is the concept “if you can’t beat them, join them” at work here and clearly a sign that the war will never be over and that franchisees will continue to be premeditated sacrifices by those who rationalize their actions and lack of “activism” as serving THEIR good and the “greater good.”

    EVERYONE knows that prospective franchisees are not provided “legal” disclosure of the risk. I found out everything the hard way but, whenI first started to research, if I had found the article “Franchising Fraud:the continuing need for reform” 01 Jan 2003, a publication of the American Business Law Journal and Robert Purvin’s and Susan Kezios’ public comments to the FTC, I could have saved myself a lot of time.

    Is there anyway, Les, that you could publish this excellent overview of the law and franchise fraud in your Wikidfranchise.com website?

    Like

  2. Les Stewart says:

    Carol,

    Is this the article by E. Malcolm Abel? If so, I will publish it on WikidFranchise as soon as I can. Both of Purvin’s and Kezios’ FTC public hearing testimonies are already included. Thanks.

    Les

    Like

  3. Carol Cross says:

    While this excellent article was published in the American Business Law Journal on 01 Jan 2003, it apparently wasn’t published on the Internet until June 28th, 2008.

    Maybe all of the “posting” and “concern” expressed by you and others resulted in the Internet posting where more prospective franchisees could possibly find the article. It is yet a difficult item to find because it appeas you have to search for the exact title, i.e. Franchising fraud: the continuing need for reform, and tha article doesn’t appear in the first pages of a search for “franchise fraud” or “franchising churning and fraud” etc…

    Like

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