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  • Other Added - 10 Easy Ways To Scam Prospective Franchisees - A Franchisors Guide

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    when they ask to speak to a current franchisee. Try to avoid giving them a full franchise list, or if you have to, make it difficult for them to contact all the franchisees

    5) Ensu

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    1) Pretend that you are in a partnership with the franchisee and hope they don’t read the franchise agreement. In it they’ll find that they can follow your instructions or get sued for breach.

    2) Use the old sales trick of creating artificial demand to get them to sign up. You know – the territory they are interested in is likely to be sold to someone else soon. Grab it now before it’s gone.

    3) Oversell the income potential of the franchise. Use the standard way of showing income potential in your prospectus that doesn’t match up to reality. Trust that the possible franchisee will be too well-mannered to actually ask the current franchisees what they earn.

    4) Point the possible franchisee at your stooge or ‘pet’ franchisee when they ask to speak to a current franchisee. Try to avoid giving them a full franchise list, or if you have to, make it difficult for them to contact all the franchisees

    5) Ensur

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    each.

    2) Use the old sales trick of creating artificial demand to get them to sign up. You know – the territory they are interested in is likely to be sold to someone else soon. Grab it now before it’s gone.

    3) Oversell the income potential of the franchise. Use the standard way of showing income potential in your prospectus that doesn’t match up to reality. Trust that the possible franchisee will be too well-mannered to actually ask the current franchisees what they earn.

    4) Point the possible franchisee at your stooge or ‘pet’ franchisee when they ask to speak to a current franchisee. Try to avoid giving them a full franchise list, or if you have to, make it difficult for them to contact all the franchisees

    5) Ensu

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    Every sports fan knows the story of a sports team competitively peaking at the right time on the road to winning a championship. The Pittsburgh Steelers won the 2006 Super Bowl even though they only had the second best record in their division. In addition, they had to overcome the huge hurdle of playing three straight playoff games on the road i
    it now before it’s gone.

    3) Oversell the income potential of the franchise. Use the standard way of showing income potential in your prospectus that doesn’t match up to reality. Trust that the possible franchisee will be too well-mannered to actually ask the current franchisees what they earn.

    4) Point the possible franchisee at your stooge or ‘pet’ franchisee when they ask to speak to a current franchisee. Try to avoid giving them a full franchise list, or if you have to, make it difficult for them to contact all the franchisees

    5) Ensu

    What Can a Virtual Assistant Do For Me
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    ust that the possible franchisee will be too well-mannered to actually ask the current franchisees what they earn.

    4) Point the possible franchisee at your stooge or ‘pet’ franchisee when they ask to speak to a current franchisee. Try to avoid giving them a full franchise list, or if you have to, make it difficult for them to contact all the franchisees

    5) Ensu

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    when they ask to speak to a current franchisee. Try to avoid giving them a full franchise list, or if you have to, make it difficult for them to contact all the franchisees

    5) Ensure that the current franchisees know that they’ll be sued for breach if they don’t toe the corporate line when approached by prospects.

    6) Make sure that the franchise fee structure is as difficult to follow as possible. Keep a few stingers in the background, like a structure that operates on a ratchet effect. When turnover reaches a certain level the fixed fee goes up, but can’t go back down again even if turnover falls. After that point it doesn’t matter how badly they do – you still get your income! Neat!

    7) Keep your subscription up to all the franchise associations. Franchise buyers place an absurd level of trust in the fact that you are a member. They don’t realise how easy it is to get in and how conveniently hard it is t

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