Janet Sparks writes at Blue MauMau …for the past few years there have been new efforts on the part of franchisees and their associations to pass fair franchising laws in various states. Executive director Jim Coen of the Maine Franchise Owners Association states, “There are many fine businesspeople who have been terribly harmed by predatory […]
Failed Quiznos Franchisees Drag Maine Economy Down
Portland – As Maine Quiznos franchisees fail miserably under a broken business model, some are questioning what detriment there will be to their state’s economy. Analyzing the sub sandwich chain’s past franchise disclosure documents shows there was approximately $5.4 million in citizen economic loss. The human toll is even larger. Quiznos franchisees and their families have been and will be devastated financially and personally for the remainder of their lives. While the […]