Molduras SorocabaVirtual EntrepreneurEthanol BusinessAcademia de Inglês 24h© BizOpBlogs

Troubled Franchisees: Franchisor To The Rescue?

Weathering the current economic storm requires clear, level-headed thinking and a strategic process for action.

rescue

By John E. Berg and Ryan R. PalmerIFA:

Low consumer confidence, fickle consumer spending, unpredictable commodity costs, and tight credit markets are all causing distress throughout the franchise industry and injecting new stress into the franchisorfranchisee relationship. Faced with declining unit revenues and failing locations, franchisees have been looking to their franchisors and other creditors for help, and franchisors, perhaps more than ever, are being forced to consider creative options to help their franchisees survive one of the most challenging economic environments since the early 1930s.

Every distressed situation presents unique challenges for a franchisor, but the central question is almost always: “What should I do?” It’s a simple but important question, and answering it incorrectly could cause irreparable damage to your brand. Franchisors should consider the following steps before deciding how to address the issues presented by a struggling franchisee.

Know the Warning Signs…

Share and Enjoy:
  • Print
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Blogplay

Related posts:

  1. If A Franchisor Declares Bankruptcy, What Happens To The Franchisees? Entrepreneur.com: Question asked by Sally Waller: I’m considering purchasing...
  2. Franchisor Agrees To Release Franchisees From Their Agreements Franchising.net.au: Australian Loans Management has agreed franchisees can be...
  3. Why Franchisors And Franchisees Disagree About Franchise Support Smart Company: One of the reasons for the failure...
  4. I’m Selling A Franchise. Does The Buyer Have To Pay Fees To The Franchisor? By Jason Gehrke – SmartCompany.com.au: Question: I am selling...
  5. Confusion Over Franchisees’ Role In Proposed Consumer Law Franchising: A Federal Government discussion paper on consumer law...

Related posts brought to you by Yet Another Related Posts Plugin.

Leave a reply

”feeds” Subscribe to Posts / Comments
or, via email: enter your email address  

* It takes just minutes to apply for a payday loan. Your cash advance will be deposited directly into your bank account usually the next business day.

* Learn option and stock trading at better trades. FreddieRick teach you how trading and investment is an opportunity for financial independence.

Welcome Visitor(s)
  • 9 online
  • Add to Technorati Favorites
    Recent Posts

    The Truth About Franchise Earnings

    Entrepreneur.com: The first question that every prospective franchisee asks a franchisor is, “How... 

    Live Oak Texas Gets Its Own "Sports With A View"

    PR Web: Bikinis Sports Bar and Grill will open its doors to the residents of Live Oak on Thursday, March... 

    Family Financial Centers Announces Internal Financing Options For New Franchise Candidates

    Franchising.com: Paul W. Eckert, President and CEO of Family Financial Centers, LLC, is pleased to introduce... 

    The Micro Pig Franchise Opportunity

    Forbes.com: Working long hours as an office administrator, with a three-hour commute and a boss with... 

    Launching Your Own Franchise

    Daily Journal of Commerce: In these tough economic times, some experienced executives have been laid... 

    Comments
    hi..Im instrested open Bonia franchise in KL or JB.. how should I do? thanks
    Where did you get this quote from within AW Holdings Corp, which is my company fyi.? There is no reference to who said it. Jon
    hi iam babita.i want to start a franchise of kfc in nashik.please send me the details like capital,location,area etc.also send conta
    Hi! I am honored to see that my company has made it to your website! Thank you! I have franchsed the company and the products
    ... Walsh. All Rights Reserved. Images ARE available for licensing - please contact me via the email. Leading PhotographyLeading Art
    CATEGORIES

    Virtual EntrepreneurEthanol BusinessBizOp Blogs