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