You know I used to own two franchises; a cleaning business and a personnel staffing firm back around 2006. I thought I was the man until the 2008 recession that took all that away. Not only that, but I had a house financed by a bank in the form of a stated loan because they I didn't have a steady stream of income and I had a rental. But loosing both my franchises and houses (along with a repo. of my 2004 Acura TL). Until I read TMF , I began to take a hard look on how I lost it all:
Don't waste your time buying franchises, it's just a fools game.
That's my two cents. . . . . .any comments anyone?
- I wasn't an owner that owned a business, but a boss that owned a job.
- I had no control of the market
- I had no control of the marketing or shares of the company
- I had to go by "their" rules and not my own
- Basically, I had no control. . . . period.
Don't waste your time buying franchises, it's just a fools game.
That's my two cents. . . . . .any comments anyone?
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