Joel LibavaDo you know about the huge franchise lawsuit that will start getting some traction next week? (Mail Boxes Etc. Franchisees Vs. The UPS Store)
There are still plenty of very angry ex-franchisees of Mail Boxes Etc. They’re not going away, either.
According to a story just published over at BlueMauMau;
“The problem started all the way back in 2001, when United Parcel Service
purchased the franchising firm of a 3,400-store chain, Mail Boxes Etc.
According to Spanier, UPS executives informed all MBE franchisees in
2002 that the old business model was broken. UPS tested a new business
model. Soon Mail Boxes Etc.’s brand was renamed The UPS Store and the
business was changed to include parcel delivery.” Read more
I remember when it happened. I had just joined my Dad’s franchise consulting firm, and he told me about it.
Sometimes, franchisees really have no control over things. How would you like it if you were a franchisee of Mail Boxes Etc., and you were just told that you had to change the look of your store to match the colors of the company that just bought out your brand?
(And have to spend $25,000 of your own money to do so!)
Care to chime in?
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About the Author
The Franchise King®, Joel Libava, is a leading franchise expert, author of "Become a Franchise Owner!" and "The Definitive Guide to Franchise Research." Featured in outlets like The New York Times, CNBC, and Franchise Direct, Joel’s no-nonsense approach as a trusted Franchise Ownership Advisor helps aspiring franchisees make smart, informed decisions in their journey to franchise ownership. He owns and operates this franchise blog.
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