Behind the scenes, the amount the franchisor will be paying out to the lawyers has already been agreed to.
Why risk paying out +$1B when $25 million to each law firm (> 0.5%) will trip up the lawsuits?
It’ll never get to trial anyway.
Behind the scenes, the amount the franchisor will be paying out to the lawyers has already been agreed to.
Why risk paying out +$1B when $25 million to each law firm (> 0.5%) will trip up the lawsuits?
It’ll never get to trial anyway.
Start the dialogue, record the franchisor’s every move and retain that information through successive ownership changes.
Start educating your members in the two businesses they run: the store and the franchise relationship.
I started WikiFranchise.org in Feb 2009. I keep it open although most wikis are closely held.
Those with a greater command of the information, wins every time.
Franchisees need to speak out to their local MPPs (member of provincial parliament).
Queen’s Park, Toronto, Canada
The independent franchisee association should make a legislative “wishlist” a priority.
Nothing, nothing makes a franchisor and his allies (Canadian Franchise Association, CFA et al) stand up and take notice.
Anyone who says talking to politicians is a waste of time, is working full-time for 3G, the CFA, its 1,199 other franchisors and their supporters: banks, legal service providers.
Start by suggesting the Ontario government reverse the onus on good faith in the Arthur Wishart Act.
Est. 1998
Mike Colle, MPP Eglinton Lawrence, Susan Kezios, President, American Franchisee Assocation, AFA and Les Stewart, Canadian Alliance of Franchise Operators, CAFO, Wishart Act hearings, 2000.
Les’s expert witness testimony.
John Sotos, Sotos LLP and Susan Kezios, AFA, Wishart Act hearings, 2000
John’s expert witness testimony. Susan’s expert witness testimony.
Tony Martin MPP Sault Ste. Marie and Dr. Gillian K. Hadfield, University of Toronto, Toronto, Canada, 2000.
Dr. Hadfield’s expert witness testimony.
Three MPPs get together to try to make franchise fraud a criminal offence, Second Reading, 2010.
Les Stewart, ON Premier Kathleen Wynne and Don Morgan, 2015.
Q: Why should any public official help your family when (it appears) you don’t give two hoots about the other +70,000 franchisee families?
Yes, especially if the franchisor wanted to do a mass termination or consolidation of stores.
Who would likely collect and deliver the membership list?:
Probably the emails sent to a safe server as well.
Several thousand, I’d imagine.
How? The moral hazard-riddled, Canada Small Business Financing Program.
Details:
Someone once called me franchising’s black swan.
What does Nassim Nicholas Taleb define as a “sucker”:
The sucker’s trap is when you focus on what you know and what others don’t know, rather than the reverse.
Suckers think you cure greed with money, addiction with substances, expert problems with experts, banking with bankers. economics with economists, and debt crises with debt spending.
We favor the visible, the embedded, the personal, the narrated, and the tangible; we scorn the abstract. What they call “risk” I call opportunity; but what they call “low risk” opportunity I call a sucker problem.
I have no pecuniary interest in these schmozzles, only a few friends and their staff that I care about.
You are rich if and only if money you refuse tastes better than money you accept.