Mr. Robert Purvin, a franchise law expert and chair of the American Association of Franchisees and Dealers, discusses his disappointment over the last decade on the lack of progress franchisees have made in protecting their rights.
Purvin is a believer in the franchise model. “When it works right, the franchise model is free enterprise at its best,” he declares. But having seen many horror stories, he tempers that with a word of caution. “Investors ignore warning signs, being bedazzled by the brands they like,” he adds. “They want in, not realizing or caring that they are buying into a contract that makes them largely an indentured servant. Franchise owners need to be mindful that the contract is what controls their franchise ownership.”
Having just published his updated and re-released book, Franchise Fraud, which is now available in paperback as well as in an online electronic edition, Mr. Purvin discusses with the Blue MauMau community how franchise owners work hard but tend to ignore an important negative; namely, a legal deck of cards that is increasingly stacked against them until it is too late.
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Bob Purvin: “Franchisee Associations Are Growing But We Should Be Seeing More”
July 16, 2008 by Angela | 0 Comments
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