August 29, 2012
There is zero assurance that a friendly franchise system will not become predatory over time.
I believe (and I’m not alone) that there is even odds (1/3) of:
- losing money,
- breaking even or
- making money as a franchisee.
Our brain sees patterns that are just not there. We’re wired to link the things we see as if they were related (McDonald’s success relates to newest dog poo-removal scam..hence the use of “the next McDonald’s of lawn care…” analogy).
July 26, 2008
This is an excellent article by Rupert Barkoff on Blue MauMau about independent franchisee associations, IndFA: Franchisee Associations: Nothing to Fear but Fear Itself, Usually.
Very good history lesson. Please note the role of IndFA in working toward fairer purchasing arrangements and the comments, especially TIF who is a franchisor.
- The easiest way to tell the difference between an IndFA and a lapdog Franchise Advisory Council is the presence of a lawyer who works with the franchise investors.
Michael Webster is a pro in this area.
No IndFA, no buy.