I have just received yet another tearful call from a Franchisee that is about to lose everything and who shared their story how they ended up in the position they did. It is a story I have heard from countless other Franchisees whose lives have been ruined by ‘Unscrupulous and dishonest franchises’ (Sir Geoffrey Cox).… Continue reading The Playbook of an ‘Unscrupulous and Dishonest Franchise’
Tag: business
Franchisee failure rates – fact or fiction?
Ever since the publication of the results of the 2024 Franchise survey, commissioned by The BFA, there have been many posts on social media making exorbitant claims regarding how successful franchising is and also how few failures there are in franchising Vs independent small businesses. “Did you know that franchising has a less than 5%… Continue reading Franchisee failure rates – fact or fiction?
Due Diligence…. Ignore it at your Peril
If you are thinking of investing in a franchise, please make sure you read this blog BEFORE signing a Franchise Agreement as it contains some incredibly useful information to help ensure you reduce the risk of your investment. Due Diligence is the most critical phase in any franchisee’s journey because if you chose badly it could be disastrous for both your wallet and… Continue reading Due Diligence…. Ignore it at your Peril
Franchisees’ Customers lose everything*
This trustpilot review by a customer of Dream Doors, part of the Neighbourly group, got me thinking about what other Franchisors would do in the same situation. The deposit customers pay upfront for the goods or services they are buying in many franchises is 50% – 100% of the total order value and in the case of high value… Continue reading Franchisees’ Customers lose everything*
Could the Post Office scandal happen again?
Absolutely YES…..in fact, issues like happened with the Post Office Scandal are happening on a regular basis in the U.K. today. Individual’s livelihoods and in some cases lives continue to be ruined by ‘unscrupulous and dishonest franchises’. These are not my words but those of Sir Geoffrey Cox, MP and former Attorney General, who after… Continue reading Could the Post Office scandal happen again?