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International Law
: Misleading Advertising LawAre Groups of Franchisees Pathetic?
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The always stimulating Les Stewart has an interesting view on why independent franchisee associations are few and far between.
"The story coming out of Blue MauMau is that franchisees are the authors of their own misfortune in several dimensions.
- They're stupid in not doing what is seen as Killer Due Diligence and therefore deserve their fate (even though the Three Wise Men admit that franchisor opportunism cannot be controlled, avoided, let alone predicted on a pre-sale basis).
- Proof of their stupidity is that there are few independent franchisee association, IndFA around.
- Franchisees compound their lack of intelligence and sloth by not having a franchise bar member manage their independent franchisee association, IndFA."
Les has a good explanation of how many IndFA's run aground or afoul of the legal professionals that they hire. Read his entire article, it is worth thinking about.
Full post as published by Misleading Advertising Law on December 09, 2008 (boomark / email).
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