The Franchise Fraud: How To Protect Yourself Before And After You Invest

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9781419688621: The Franchise Fraud: How To Protect Yourself Before And After You Invest

Critical evaluation of the franchising industry and community, exposing long held myths and advocating the organization of strong franchisee associations with the negotiating leverage to achieve a balance of obligations and benefits for franchisors and franchisees.

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From the Publisher:

Explores the frauds and abuses companies perpetrate on their franchisees--everything from unfulfilled pledges of promotional support to over saturating the market with outlets. Helps the potential franchise owner prevent the possible abuse and victimization by explaining what to look for, what questions to ask and what agreements to make before signing a contract. Also gives advice on how to isolate and take advantage of worthwhile franchising opportunities.

From the Back Cover:

Accounting for one-third of retail sales in the U.S., the franchising industry promises great opportunities for reduced-risk business ownership. But buyer beware! The industry is rife with fraud and abuse, and too often the real story of franchising in America is one of broken promises and shattered dreams. And the saddest part of all is that victims of franchise fraud rarely have any effective recourse. Most laws designed to protect franchisees effectively shield franchisors from liability, while the rights of franchisees and licensees are all but ignored. In almost every case, the judicial attitude has been, "Nobody made you sign the contract". Robert L. Purvin, an attorney specializing in franchise law and Chairman of the Board of Trustees of the American Association of Franchisees and Dealers, takes direct issue with industry claims that franchising per se is a safe and secure path to business ownership. Mr. Purvin helps you to avoid becoming a victim of the Franchise Fraud. He tells you what to look out for, what questions to ask, and what agreements to make before signing a contract. And he offers a detailed anatomy of the most common types of fraud and abuse including Illusory Promises: The promise of training, guidance, and various forms of support; No Way Out: Contract provisions that can trap you for life, making it impossible for you to ever leave the system; Rigged for Failure: How some greedy franchisors oversaturate the market, and worse, how and why many franchisors often deliberately rig their franchises for failure; and Caveat Emptor: Why franchisees who are customers of licensors rather than their distributors are usually victims. But the picture isn't all dark. RobertPurvin also guides you to the best franchising opportunities now available, and tells you how to take full advantage of them. And finally, reminding us that franchisees outnumber franchisors by a hundred to one, he offers his game plan for bringing about a balance of power within the marketplace through collective bargaining. Whether you're considering entering into a franchising agreement, or you're already an established owner, this book arms you with the facts and legal savvy you need to put you on the track to success through the right franchise opportunity.

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Book Description Booksurge Publishing, United States, 2008. Paperback. Book Condition: New. Language: English . Brand New Book ***** Print on Demand *****. Accounting for one-third of retail sales in the U.S., the franchising industry promises great opportunities for reduced-risk business ownership. But buyer beware! The industry is rife with fraud and abuse, and too often the real story of franchising in America is one of broken promises and shattered dreams. And the saddest part of all is that victims of franchise fraud rarely have any effective recourse. Most laws designed to protect franchisees effectively shield franchisors from liability, while the rights of franchisees and licensees are all but ignored. In almost every case, the judicial attitude has been, Nobody made you sign the contract. Robert L. Purvin, an attorney specializing in franchise law and Chairman of the Board of Trustees of the American Association of Franchisees and Dealers, takes direct issue with industry claims that franchising per se is a safe and secure path to business ownership. Mr. Purvin helps you to avoid becoming a victim of the Franchise Fraud. He tells you what to look out for, what questions to ask, and what agreements to make before signing a contract. And he offers a detailed anatomy of the most common types of fraud and abuse including Illusory Promises: The promise of training, guidance, and various forms of support; No Way Out: Contract provisions that can trap you for life, making it impossible for you to ever leave the system; Rigged for Failure: How some greedy franchisors oversaturate the market, and worse, how and why many franchisors often deliberately rig their franchises for failure; and Caveat Emptor: Why franchisees who are customers of licensors rather than their distributors are usually victims. But the picture isn t all dark. RobertPurvin also guides you to the best franchising opportunities now available, and tells you how to take full advantage of them. And finally, reminding us that franchisees outnumber franchisors by a hundred to one, he offers his game plan for bringing about a balance of power withi. Bookseller Inventory # APC9781419688621

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Book Description Booksurge Publishing, United States, 2008. Paperback. Book Condition: New. Language: English . Brand New Book ***** Print on Demand *****.Accounting for one-third of retail sales in the U.S., the franchising industry promises great opportunities for reduced-risk business ownership. But buyer beware! The industry is rife with fraud and abuse, and too often the real story of franchising in America is one of broken promises and shattered dreams. And the saddest part of all is that victims of franchise fraud rarely have any effective recourse. Most laws designed to protect franchisees effectively shield franchisors from liability, while the rights of franchisees and licensees are all but ignored. In almost every case, the judicial attitude has been, Nobody made you sign the contract. Robert L. Purvin, an attorney specializing in franchise law and Chairman of the Board of Trustees of the American Association of Franchisees and Dealers, takes direct issue with industry claims that franchising per se is a safe and secure path to business ownership. Mr. Purvin helps you to avoid becoming a victim of the Franchise Fraud. He tells you what to look out for, what questions to ask, and what agreements to make before signing a contract. And he offers a detailed anatomy of the most common types of fraud and abuse including Illusory Promises: The promise of training, guidance, and various forms of support; No Way Out: Contract provisions that can trap you for life, making it impossible for you to ever leave the system; Rigged for Failure: How some greedy franchisors oversaturate the market, and worse, how and why many franchisors often deliberately rig their franchises for failure; and Caveat Emptor: Why franchisees who are customers of licensors rather than their distributors are usually victims. But the picture isn t all dark. RobertPurvin also guides you to the best franchising opportunities now available, and tells you how to take full advantage of them. And finally, reminding us that franchisees outnumber franchisors by a hundred to one, he offers his game plan for bringing about a balance of power withi. Bookseller Inventory # APC9781419688621

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Book Description BookSurge Publishing. Paperback. Book Condition: New. Paperback. 332 pages. Dimensions: 8.8in. x 6.0in. x 0.9in.Critical evaluation of the franchising industry and community, exposing long held myths and advocating the organization of strong franchisee associations with the negotiating leverage to achieve a balance of obligations and benefits for franchisors and franchisees. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. Bookseller Inventory # 9781419688621

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