Tag Archive: franchise trends

Is Franchising Indentured Servitude?

April 22, 2009 10:31 am Published by Dr. John Hayes Leave your thoughts

Crazy Isabel called. Normally, Isabel isn’t crazy, but this morning — whew! She wants to buy a franchise. Has a pretty good idea which type of franchise she wants to buy, and she has the money — at least most of the money that she’ll need for a start up... View Article

Franchisee: Are You Legally Obligated To Succeed When You Buy A Franchise?

April 15, 2009 8:03 am Published by Dr. John Hayes 2 Comments

What happens if you buy a franchise and—God forbid—you fail and shut down the business? Are you legally obligated to succeed? You are if the franchise agreement says you are. What’s worse, you may be required to pay fees even after you’ve failed! What does the expectation of success mean? Franchisors... View Article

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