Food Franchising; “A Recipe for Disaster?”

Posted by judesteed on February 6, 2009 under Wing Zone | Be the First to Comment

In researching both successful and unsuccessful franchises, I came across the most recent list of the 25 worst franchises in the US according to SBA loan failure rates. (blue mau mau Jan 24, 2009). Ranking from the worst to merely “bad,” 40% of the top failing franchises were Read more of this article »

What is the Moral of the Story?

Posted by alina77vere9uk on August 14, 2008 under Cold Stone Creamery, Young Chefs Academy | Be the First to Comment

If you compare the two stories going on at the two websites below, you’ll quickly notice a rash of similarities.  Just a simple question, “What is the moral of the story?”  ( Obviously, the goal of that question is how do we help others avoid the same fate, though. )

Cold Stone Creamery: http://articles.moneycentral.msn.com/Investing/Extra/ColdStoneFranchiseesFeelChill.aspx

Young Chefs Academy: http://www.franchisespeak.com/young-chefs-academy-discussion

Comment has been sought from both parties, but of course who we’d really like to hear from here are franchisees.  Because anonymous (and therefore we believe honest) comments from those involved would be far better for future potential victims, er.. customers.    ( … lawyers would be welcome too … )