Beware of franchise brokers who might sell fraudulent churning franchises.
franchise brokers & franchise business brokers |
You might be going through franchise business broker to help you find the right fit franchise for your personality and skill sets.
The author of this website highly urges you to look at other franchise fraud articles on this website so that you become educated in the ways of franchise scams.
If you think franchising is safe, like I did, you are already on your way to bankruptcy court.
The franchise brokers might not even know that the franchise they recommend to you is really a franchise scam. This is because of the flagrant use of franchise confidentiality agreements in the franchise termination phase.
The Federal Trade Commission is aware of the use of Gag orders, or confidentiality agreements in the franchise industry, but has stated in the FTC The Franchise Rule that they think it is okay. This might be good for franchisors, but it is an invitation for you to go bankrupt.
Read the other pages in this website so that you can be educated in the ways of franchise fraud, and how franchise business brokers can unknowingly recommend you to franchise churning.
You have been warned.
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