Maine Franchise Owners Association

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What Does It Really Mean to Be Named a ‘Top Franchise’?

November 13, 2018 By admin

Blue MauMau – by Jeffrey M. Goldstein, November 12th, 2018 Franchisors love rankings. Visit any well-known franchisor’s website, and you are bound to see a laundry list of rankings purporting to provide third-party validation of the franchisor’s superiority in its niche, if not in the franchise industry as a whole. Similarly, a Google search for […]

Filed Under: Failed Franchising, Featured, Franchising, Franchising in Maine Tagged With: business failure, Franchise, franchised business, franchised businesses, franchising

Is Dickey’s BBQ Franchising’s Next Quizno’s? 28% Systemwide Churn

September 12, 2018 By admin

It’s not easy to forget the Quizno’s saga.  Once one of the darlings of the franchise industry, growing through franchising to nearly 5,000 locations, but today, just under 400 in the United States.  Many franchisees lost everything (investments, savings, their home), and as stores closed, eventually the franchisor filed for bankruptcy protection.  Yet, has the […]

Filed Under: Fair Franchising, Featured Tagged With: business failure, Fair Franchising, franchisees, Quiznos, SBA, SBA Backed Loan

Friendly’s franchisee files for bankruptcy

January 19, 2015 By admin

Nation’s Restaurant News reports that J & B Restaurant Partners, a Friendly’s franchisee based in Long Island, N.Y., closed a third of its 36 locations and filed for bankruptcy protection this month amid steeply declining sales and financial losses. The move marks the second major closure of Friendly’s locations in recent months. In November, a […]

Filed Under: Featured, Franchising Tagged With: business failure, economic impact, franchise owners, franchised business, franchised businesses, franchisees

Franchisees Leave Coffee News in Mass Exodus

March 25, 2014 By admin

Don Sniegowski at Blue MauMau reports that Coffee News of Bangor, Maine is experiencing a free fall in the number of its franchise owners. The chain has declined in franchise units by 31 percent from 2008 to 2012, according to its latest Franchise Disclosure Document. Located in 40 states, franchise owners pay $8,500 in upfront […]

Filed Under: Featured, Franchising in Maine Tagged With: business failure, franchisor, legal, Maine Franchise Owners

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

  • FTC Commissioner Chopra Talks Franchise Issues on CNBC September 25, 2020
  • Schakowsky, Scanlon, Jayapal Send Letter to FTC September 25, 2020
  • Senator Cortez Masto (NV) Sends Letter to FTC Concerning Covid-19 Issues May 1, 2020
  • Keith Miller Testifies in Oregon, House Interim Committee On Business and Labor December 1, 2019
  • 2019 Dickey’s BBQ Update October 2, 2019
  • Senator Cortez Masto Introduces SBA Franchise Loan Transparency Act July 31, 2019
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