Joel Libava
I remember hearing about a group of disgruntled franchisees from Mail Boxes Etc. getting together shortly after UPS bought the huge franchise chain out, and deciding that they would not spend the $25,000 needed to retrofit the stores into all things brown. {UPS colors}
I am often asked what happens to the franchisees of a franchise chain that is all of a sudden sold, and new management takes over. {It happened to me. I left and went out on my own.}
Most pet franchise opportunities aren't worth your time. This one is different — and most people never even hear about it. Low investment. Serious support. Real upside.
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Keith Girard over at AllBusiness.com wrote a fine article describing the way things may have gone down. A great read.
From AllBusiness.com
“The franchisees charge that the company’s effort to convert them,
known as the Gold Shield campaign, after UPS’s ubiquitous logo, was
intentionally deceptive and materially changed the ground rules for
their operations. In effect, they claim, it broke their franchise
agreement and dismantled the existing franchise structure.”
They also charge that the company failed to disclose performance and
financial data in addition to other violations of franchisee laws in an
effort to persuade them to switch. “
Read more at AllBusiness.com
Have you seen my hub page yet?
About the Author
Joel Libava is The Franchise King® — an independent franchise advisor with 25+ years in the industry, two published books on franchising, and his writing has been featured in The New York Times, Forbes, CNBC, Entrepreneur® Magazine and others. In addition, he wrote exclusively for the U.S. Small Business Administration blog for eight years. He doesn't sell franchises. Instead, Joel helps you figure out if franchise ownership is actually right for you — and if it is, teaches you his powerful, proven-to-work franchise research techniques, so you can make a smart, informed decision on a franchise to own and be your own boss.
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