Comments on: Franchising After a Layoff: The Cure May be Worse than the Disease http://e2ecoaching.wordpress.com/2008/10/06/franchising-after-a-layoff-the-cure-may-be-worse-than-the-disease/ By Mitchell York Mon, 15 Dec 2008 05:16:03 +0000 http://wordpress.com/ hourly 1 By: Keith Simmons http://e2ecoaching.wordpress.com/2008/10/06/franchising-after-a-layoff-the-cure-may-be-worse-than-the-disease/#comment-259 Keith Simmons Fri, 10 Oct 2008 22:05:54 +0000 http://e2ecoaching.wordpress.com/?p=182#comment-259 Mitch, All good points. And then the current economic realities.... Step up, step right up. Buy a proven franchise and find financial security... Until a troubled economy washes up on the shores, cash dries up, the franchisor becomes unstale and you are left without support or supply line. Not a position you wish to find yourself in after investing in your future. While you take Mitch's recommendation and wait it out, you will also find the time to evaluate how the franchisor fares in difficult times. Mitch,

All good points. And then the current economic realities….
Step up, step right up. Buy a proven franchise and find financial security… Until a troubled economy washes up on the shores, cash dries up, the franchisor becomes unstale and you are left without support or supply line. Not a position you wish to find yourself in after investing in your future. While you take Mitch’s recommendation and wait it out, you will also find the time to evaluate how the franchisor fares in difficult times.

]]> By: JR http://e2ecoaching.wordpress.com/2008/10/06/franchising-after-a-layoff-the-cure-may-be-worse-than-the-disease/#comment-258 JR Fri, 10 Oct 2008 00:05:19 +0000 http://e2ecoaching.wordpress.com/?p=182#comment-258 mitch: going into the franchise marketplace without the advise of a good franchise consultant, franchise attorney and accountant is unwise. would you buy a house without an inspector, title insurance and the advise of an attorney? mitch:

going into the franchise marketplace without the advise of a good franchise consultant, franchise attorney and accountant is unwise. would you buy a house without an inspector, title insurance and the advise of an attorney?

]]> By: Mitchell York http://e2ecoaching.wordpress.com/2008/10/06/franchising-after-a-layoff-the-cure-may-be-worse-than-the-disease/#comment-257 Mitchell York Thu, 09 Oct 2008 13:43:56 +0000 http://e2ecoaching.wordpress.com/?p=182#comment-257 It happens to so many people Bob. I am actually a big believer in franchises, under the right conditions and for the right people. Unfortunately what happens a lot is that smaller, less experienced entrepreneurs buy in to a single unit of whatever franchise, then go through a long period of suffering, then get bought out for pennies on the dollar buy a larger multi-unit franchise from the same or another system. It happens to so many people Bob. I am actually a big believer in franchises, under the right conditions and for the right people. Unfortunately what happens a lot is that smaller, less experienced entrepreneurs buy in to a single unit of whatever franchise, then go through a long period of suffering, then get bought out for pennies on the dollar buy a larger multi-unit franchise from the same or another system.

]]> By: Bob Sterr http://e2ecoaching.wordpress.com/2008/10/06/franchising-after-a-layoff-the-cure-may-be-worse-than-the-disease/#comment-256 Bob Sterr Wed, 08 Oct 2008 22:56:10 +0000 http://e2ecoaching.wordpress.com/?p=182#comment-256 Mitch, You are absolutely spot-on in this post (in fact, it sounds like you were describing me). The long and short of it is: it was much easier to get into (up until recently) than it is to get out of. Mitch,

You are absolutely spot-on in this post (in fact, it sounds like you were describing me). The long and short of it is: it was much easier to get into (up until recently) than it is to get out of.

]]>