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Subject:
Franchise Success Stories
Category: Business and Money > Small Businesses Asked by: chazb-ga List Price: $5.00 |
Posted:
23 May 2004 12:03 PDT
Expires: 22 Jun 2004 12:03 PDT Question ID: 350804 |
I need three or or more stories of people who bought a franchise and became very succesful. For example: "Joe Blow was a poor guy living in Brooklyn. He saved his pennies and when he had $10,000 he bought an Acme Products franchise. He worked hard and soon he had bought 5 more stores. Now he makes $x a year and probably has a net worth of $y." The main requirement is to have specific dollar amounts of how much the person now earns or is worth. Ideally all three should be from different companies and better yet different fields (e.g. not all food chains for example). The more recent these are, the better. | |
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There is no answer at this time. |
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Subject:
Re: Franchise Success Stories
From: cmiller-ga on 24 May 2004 05:21 PDT |
Being both a prior franchise owner, and a prior franchise corporation officer I would like to state the following: As a corporation, the U.S. Government prohibits franchisors selling franchises to make claims of profits. Because each franchise is different, results WILL vary. Being a successful prior franchise owner, I suggest you contact other franchise owners and talk to them. If you are interested in a franchise, most franchisors will allow you to contact other [successful] franchise owners. Don't forget to ask the franchisees how they get/got through the tough times... |
Subject:
Re: Franchise Success Stories
From: chazb-ga on 24 May 2004 07:11 PDT |
Thanks cmiller-ga for your comment that franchisors cannot make claims of profit. That's useful information. But that of course does not mean that there still aren't detailed stories out there that have come from franchisee's themselves. So researchers, don't give up! |
Subject:
Re: Franchise Success Stories
From: easterangel-ga on 22 Jun 2004 16:57 PDT |
Hi chazb-ga! I can't answer this anymore because the question has expired. Maybe you can post it again and say that it is "For Easterangel-ga". Thanks! |
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