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Just Elementary, Inc. » Entries tagged with "Franchisee"

Roni Deutch Tax Centers Troubles Show Importance to Choose a Good Franchisor

June 6th, 2011 | Comments Off on Roni Deutch Tax Centers Troubles Show Importance to Choose a Good Franchisor

Roni Deutch Tax Centers Troubles Show Importance to Choose a Good Franchisor

Choosing the right franchisor to franchise with is important, as illustrated by the debacle of Roni Deutch Tax Centers.  Roni Deutch recently closed her law office and surrendered her law license as you can read about in the California Bar Journal. What does this mean for the franchisees that have signed up and are operating their businesses?  It means a great deal of uncertainty about the future of their business. There are a few common outcomes, which include … Read entire article »

Filed under: Franchises

Ramifications of Round Table Pizza’s filed Bankruptcy, What to expect based on lessons learned from past franchisors who filed for Bankruptcy

March 11th, 2011 | Comments Off on Ramifications of Round Table Pizza’s filed Bankruptcy, What to expect based on lessons learned from past franchisors who filed for Bankruptcy

Ramifications of Round Table Pizza’s filed Bankruptcy, What to expect based on lessons learned from past franchisors who filed for Bankruptcy

You may have heard that Round Table Pizza, the Franchisor, has recently filed for bankruptcy.  What does this mean for the brand, franchisees and it’s customers?  In looking back at past situations that share similaraties, it is not all dire news.  Two such examples are Schlotzsky’s in 2004 and Togo’s from around the same time. Schlotzsky’s was a publicly listed company when it filed for bankruptcy in August of 2004.  After changing hands a couple of … Read entire article »

Filed under: Business Tips, Franchises

Tale of a Closed Round Table Pizza

March 8th, 2011 | Comments Off on Tale of a Closed Round Table Pizza

Tale of a Closed Round Table Pizza

Franchises aren’t all fun and games and wild beyond imagination riches.  The road to financial freedom and family happiness is littered with former franchisees who have lost everything, or at the very least lost something, like the following tale of the owner of a North Orange County Round Table Pizza. This particular Round Table unit was open many years and was a popular fixture in the community.  The longtime owner had decided to sell after many … Read entire article »

Filed under: Business Tips, Franchises

Failed Franchises Measured by SBA Loan Failure Rates

January 27th, 2011 | Comments Off on Failed Franchises Measured by SBA Loan Failure Rates

Failed Franchises Measured by SBA Loan Failure Rates

Sounds like strong language.  Thanks to our friends at thefranchisehound.com we have a list of SBA Loan Failure Rates for loans doled out to franchised businesses.  An important disclaimer is that the list is not the actual failure rates of franchisees for a the listed franchises, it is only a list of SBA Loans gone bad that were given to franchisees of the franchises.  Note that even 3 of 14 SBA loans to McDonald’s franchisees … Read entire article »

Filed under: Franchises, SBA