Franchise Opportunity Sellers Beware; franchise buyers lie on forms?

It seems completely absurd that franchise buyers lie about their financial position, available cash and abilities in order to buy a franchise. After spending 8 years setting up franchises around the nation and fielding inquiries I am appalled at the lack of integrity of the average business buyer. If you wonder why franchisors make franchise buyers fill out forms and ask lots of questions it is because 75% or more of every franchise inquiry to a franchise company is misrepresentative of their reality. A franchise opportunity seller should beware of franchise buyers lying on forms.

Why do we have laws for franchise companies and yet none for franchise buyers or investors? It is appalling the lack of integrity of the average American or in this case investor of a franchise. Some of these liars waste our valuable time as the fraudulently make up a falsehood picture of their financial ability and business acumen. They ought to be thrown in jail.

Well, I guess I really went off on the franchise buyers. At the time of this statement in 1999 I had just hung up on four franchise buyers that week, feeling it hopeless to even have further conversations with anyone inquiring. Turned out not all these potential franchise candidates or buyers were real, many were competitors and even some believe it or not were working for the government as entrapment phone solicitors. One we later got to know was a 26-year old homosexual Attorney working for the Federal Trade Commission, who upon my visit to the FTC office in Washington DC, starred at my rear end the entire time?

We franchisors work very hard and can usually help a franchisee into a very small business of their own position, but we need straight answers; such as their true financial picture. If we get a song and a dance about how much money they have, and then we start the process only to find out that they really do not have as much as they said then we have a franchisee who may fail simply due to being under capitalized.

The most common reason small businesses fail as surveyed time and time again by the SBA; Small Business Administration and other groups is the fact that the business was under captialized. If we have franchise buyers who want colorful brochures, great, but level with us. Tell us you just want someone to tell you, you are great and you just want someone to yell at due to your personal frustrations. If you have little money state that, there maybe a plan to help you along. Then after that is over we can be serious about winning market share and having all the game plan laid out carefully. I doubt if the US Military wants to fight a war with generals who do not have bad information, pilots who do not follow orders, Navy Seal Teams who are untrained, an intelligence agency who lies or allies who are actually hostile and full of misinformation. To win a war in franchising you must above all be on the same team, from the beginning. It is imperative that every one understands each other's goals to win.

Franchise buyers who want to be argumentative towards their future business partner in order to vent off anger from their previous downsizing company and tyrant boss should wait until they are better understanding of their current situation and ready to review why they are where they are, before they try to buy a franchise. A franchisor that puts up with such non-sense has no business franchising, because that franchisor is clearly out for just the money and that short term attitude will kill the long term win-win partnership that is needed to dominate the market place. A franchisor such as that should not be in the franchising business. Franchisees who lie from the start are not good team members and once that bond of integrity is broken there can be no more trust. Advice; if you are going to buy a franchise, be upfront and honest with your future business partners, you moron. Think about it.

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs

---

Google News Updated : Wed, 15 Oct 2008 17:58:10 GMT Obama’s spending how much on ads? - Christian Science Monitor Times Online Obama’s spending how much on ads? Christian Science Monitor - 1 hour ago By Jimmy Orr | 10.15.08 It’s been a week of non-surprises thus far. Dallas Cowboys cornerback Adam “Pacman” Jones has been suspended - again. McCain calls for 'voter fraud' inquiry Los Angeles Times A stolen election? Washington Times New York Times - Talk Radio News Service - Boston Globe - Seattle Times all 859 news articles Publ.Date : Wed, 15 Oct 2008 16:03:33 GMT AMR Plan to Buy 787s Will Update Fleet, Bolster Boeing Program - Bloomberg KING5.com AMR Plan to Buy 787s Will Update Fleet, Bolster Boeing Program Bloomberg - 34 minutes ago By Susanna Ray and Mary Schlangenstein Oct. 15 (Bloomberg) -- AMR Corp.'s American Airlines said it may buy as many as 100 Boeing Co. AMR overcomes fuel costs to squeeze out small profit MarketWatch AMR 3Q Net Down 74%, To Buy Up To 100 Dreamliners CNNMoney.com Bizjournals.com - International Herald Tribune - Reuters - Flight International all 186 news articles Publ.Date : Wed, 15 Oct 2008 17:24:10 GMT Jerry Jones exposed as gutless by Goodell's ruling - FOXSports.com TSN.ca Jerry Jones exposed as gutless by Goodell's ruling FOXSports.com - 1 hour ago by Ian O'Connor Ian O'Connor is the author of the New York Times bestseller "Arnie & Jack: Palmer, Nicklaus, and Golf's Greatest Rivalry," which Kirkus Reviews calls an "exemplary sports history. Video: Dallas' Adam Jones Suspended Again AssociatedPress Give Cowboys credit for not counting on Adam 'Pacman' Jones too much Dallas Morning News Los Angeles Times - New York Times - Fort Worth Star Telegram - Detroit Free Press all 1,080 news articles Publ.Date : Wed, 15 Oct 2008 16:52:30 GMT Migraine-hit Janet Jackson to resume US tour - Reuters CTV.ca Migraine-hit Janet Jackson to resume US tour Reuters - 55 minutes ago By Alex Dobuzinskis LOS ANGELES (Reuters) - A rare form of migraine forced Janet Jackson to cancel several dates on her Rock Witchu concert tour but she planned to return to the stage on Wednesday in Washington, DC, her manager said. Jackson was laid low by migraines BBC News Janet Jackson: She's Baaaaack* Washington Post Blogs The Associated Press - eFluxMedia - FOXNews - Access Hollywood all 846 news articles Publ.Date : Wed, 15 Oct 2008 17:02:47 GMT It's officially over: Madonna and Guy Ritchie are divorcing - New York Daily News ABC News It's officially over: Madonna and Guy Ritchie are divorcing New York Daily News - 3 hours ago BY LEO STANDORA Madonna's marriage to Guy Ritchie really is kaput , her rep told the Daily News on Wednesday. "Madonna and Guy Ritchie have agreed to divorce after 7 l/2 years of marrige," Liz Rosenberg said in a statement. Video: AP Exclusive: Madonna, Guy Ritchie to Divorce AssociatedPress It's Official: Madonna And Guy Ritchie To Divorce MTV.com BBC News - The Associated Press - The Gossip Girls - Just Jared all 1,632 news articles Publ.Date : Wed, 15 Oct 2008 14:56:56 GMT Hurricane Omar gains strength and nears Puerto Rico - Reuters BBC News Hurricane Omar gains strength and nears Puerto Rico Reuters - 1 hour ago By John Marino SAN JUAN (Reuters) - Hurricane Omar strengthened on Wednesday as it bore down on Puerto Rico and the small islands of the northeastern Caribbean, and could be a "major" storm by the time it reaches them, US forecasters said. Omar on the Move. Paloma Next? Washington Post Blogs Hurricane Omar heads for US Caribbean islands The Associated Press BBC News - United Press International - USA Today - NBC 29 News all 2,556 news articles Publ.Date : Wed, 15 Oct 2008 16:12:36 GMT Polls: McCain forced to play defense in some red states - CNN Telegraph.co.uk Polls: McCain forced to play defense in some red states CNN - 1 hour ago HEMPSTEAD, New York -- New polls out Wednesday in some crucial states that could decide the race for the White House suggest Sen. John McCain is having to defend himself in areas that once were reliably Republican. Union sues over policy banning political material at polling places DetNews.com Pollsters say odds of McCain winning election 'incredibly remote' guardian.co.uk Boston Globe - New York Magazine - San Francisco Chronicle - AFP all 989 news articles Publ.Date : Wed, 15 Oct 2008 16:34:00 GMT Make Money Online Add RSS Feeds To My Web Pages

PARLOT::Ebooks, Scripts, Websites, and more...

Adsense websites

Use this Simple Trick its to Buy $100 Bills Direct from your Bank for only $97

Most People just don't understand the power of using their... Read More

Making It Second Nature

Not long ago I was laying on my son's floor... Read More

Investors: Avoid These 5 Common Tax Mistakes

For many investors, and even some tax professionals, sorting through... Read More

Gold and Silver Maple Leafs Get New Packaging

Gold Maple Leafs and Silver Maple Leafs are receiving packaging... Read More

Discover the Foundation of Retiring Wealthy - The IRA!

Let me tell you about some legal ways to avoid... Read More

Begging Your Trust in Africa

The syntax is tortured, the grammar mutilated, but the message... Read More

Building The Foundation For Wealth

You wouldn't build your home on anything less than a... Read More

Understanding The Real Rate of Return!

There is one indicator more than any other which determines... Read More

Options Education : Opinion versus Fact!

The most basic aspect of trading is learning to differentiate... Read More

Short Term Savings Products

When you invest, it simply means that you are putting... Read More

The Three Legged Stool

My paternal grandparents were born near Lake Como, Italy. My... Read More

Trading Tips No 4: Technical Analysis The Holy Grail Syndrome

Everyone knows that the Holy Grail of investing and trading... Read More

Caveat Emptor: You May Owe Taxes Despite 401(K) Losses!

One among many ways you lose money in non-indexed mutual... Read More

Just Say NO to Your Stock Broker

We have all heard that slogan that started back when... Read More

Porters Five Forces Analysis

If you've ever listened to Warren Buffett talk about investing,... Read More

Wit and Wisdom on Money, Wall Street and Success - Part #2

Here are ten more WISDOM packed GEMS that ooffer very... Read More

Keeping It Interesting

Some lines from a movie never leave your mind; I... Read More

Trend Following

Trend following also called momentum trading is the simplest and... Read More

Raising Capital in Today?s ?New Economy?

We've helped a number of clients develop business plans and... Read More

Are You An Investment Dummy Like Me?

I am good at a few things. I can certainly... Read More

Annuity Investment Guide

While there is not a lack of information on annuities,... Read More

Is Your Mutual Fund the Right One for You?

Mutual Funds are considered to be one of the best... Read More

Why the Rich Keep Getting Richer

Rich people: fortunate, lucky, selfish, and arrogant? Or highly educated,... Read More

For Entrepreneurs A SIMPLE Plan May Be Best

Q: I own a small decorating business and I'll be... Read More

IF - The Wonders of Investing

If it seems... Read More