The number one topic at this site, as well as all other franchise portals dealing with anything outside of ‘recruitment’, is that of ‘franchise relationships’. And that quite appropriate, because when you simmer franchising to its essence, ‘relationships’ is the final reduction.
Tainted hearts, conniving minds, broken spirits, and depleted bank accounts can contribute to, and result from, any number of activities of which franchising is just one. Think about it. Most people dislike their jobs; more than 75% I read. I’ve also read that marriages fail at a rate of more than 50%, second marriages fail at a higher rate. At least 7 of 10 new businesses fail, and more than three quarters of new products never receive market acceptance.
Is it any wonder that franchising suffers just the same relationship ailments of poor human judgement?
Nope.
Franchising is no different than any other human endeavor as it regards thoughtful planning, discernment (on each side), careful analysis (again on each side), and a contract (moral and/or legal). Franchise decisions, like others, require business/relationship acumen, but they also involve assessments that we may not be willing to address. In franchising, as with in life in general, there exists good and evil. Read full post.
Franchise Relationships: A Micro-Image Of Life
June 2, 2008 by Cris | 0 Comments
In Basic Guidelines, Law & Agreements, Franchisees, Franchises, Franchisors, Startup















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