Maine Franchise Owners Association

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Franchise Owners Beware: Despite The Myths, Franchises Can Fail

March 24, 2014 By admin

Bruce Kennedy, Benzinga Staff Writer reports that the recent Chapter 11 filings of two national restaurant chains, Sbarro and Quiznos, are drawing new focus on the opportunities and challenges faced by franchises. U.S. Census Bureau data from 2007 showed franchise businesses employed over 58 million U.S. residents, while bringing in revenues, sales, shipments or receipts of over $7.6 billion. And […]

Filed Under: Failed Franchising, Featured, Franchise Economics Tagged With: bankruptcy, Fair Franchising, franchisee bankruptcy, franchisor bankruptcy, legal, litigation, Maine Franchise Owner, Quiznos, Quiznos Bankruptcy

Maine Source of Frustration. Maine Franchise Owners Associations Seeks Anecdotes of Franchise Owner Troubles

December 30, 2013 By admin

Many Maine residents have found both a profitable living and vibrant job creation for their region via an investment in a franchise system.  Others have been less fortunate – facing financial ruin from a franchise model that either did not work or a franchisor that didn’t care.  Franchise failure often leads to financial ruin, loss […]

Filed Under: Featured, Franchising, Franchising in Maine, Maine, Maine Franchise Owners Tagged With: bad business model, bankruptcy, business failure, franchisees, legal, litigation, Maine Franchise Owner, SBA Backed Loan, unscrupulous franchisor

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Recent Posts

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  • 2019 Dickey’s BBQ Update October 2, 2019
  • Senator Cortez Masto Introduces SBA Franchise Loan Transparency Act July 31, 2019
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