Thursday, August 27, 2009
Wednesday, August 26, 2009
Many of the clients we unknowingly placed (as well as other TES consultant placements) with the franchises represented by TES have failed. Many of the 100+ franchises that work with TES are very poor business models.
Tuesday, August 25, 2009
Monday, August 24, 2009
Thursday, August 20, 2009
Wednesday, August 19, 2009
Scamming has a long history in the franchise business. This is in part due to the fact that when the idea of franchising first got put into motion over five decades ago, it presented an extremely enticing and lucrative opportunity for many eager entrepreneurs. Indeed, it was - and still is - a very powerful tool for enterprise expansion that has provided great opportunities to countless business people throughout the world. Unfortunately, as with many business negotiations and investment opportunities, those who wished to defraud others definitely had their place in the early days of franchising - and traces of these fraudulent activities remain franchise business practices today.
read further: www.franchisefoundations.com
Monday, August 17, 2009
Saturday, August 15, 2009
From Rip-off Report:
Even if you find a client who wants to work with you to find a franchise, many of the franchisors we work with are terrible. We are telling our clients that franchises have a 90% success rate. This is an outright, boldface lie!!! Franchises really don't have any better success rate than do independent businesses. That's because franchisors don't count the franchisees who sell or close down their business as a failure. As a matter of fact, when I was validating the TES franchise and I checked through the UFOC there were only about 10-15 TES consultants who had left the system. In reality there were more 50 and maybe even 100. That's because people who were considered inactive or who had just closed down were not counted as terminated. This is a very common practice with all franchisors not only TES.
The bottom-line is The Entrepreneur's Source is a fraud. There is currently a huge lawsuit involving about 20 former consultants with damages over 1 million dollars. Complaints have also been filed with the Federal Trade Commission and the Connecticut Attorney General against TES.
Friday, August 14, 2009
Caveat emptor (buyer beware) and competent, professional advice are your best and only defenses. Of course, you could try to save money up front, get involved with a questionable franchise, and lose your entire investment (including perhaps your home, savings and retirement accounts), then hire a litigation attorney (who in turn hires a franchise expert for review and guidance) to try and recover damages. Problem is, you're probably broke at that point and could never afford the $10,000 or $20,000 retainer it takes just to get things started and learn what you should have learned initially - and at a small fraction of the cost. (unless of course like in my case the franchise broker is just as corrupt!)
All I can say is these people's lust for money, apparently, is exceeded only by their contempt for the hardworking people who's lives and dreams they shatter and ruin. Justify your actions all you can. Assuage your already seared conscience. Keep on doing what your doing, because you helped ruin our way of life one person at a time. Feel proud, sleep well.
Thursday, August 13, 2009
Saturday, August 08, 2009
Friday, August 07, 2009
Wednesday, August 05, 2009
Proud and brutal people hunt down the poor. But let them get caught by their own evil plans!
The wicked brag about their deepest desires. Those greedy people hate and curse you, LORD.
The wicked are too proud to turn to you or even think about you.
They are always successful, though they can't understand your teachings, and they keep sneering at their enemies.
In their hearts they say, "Nothing can hurt us! We'll always be happy and free from trouble."
They curse and tell lies, and all they talk about is how to be cruel or how to do wrong.
They hide outside villages, waiting to strike and murder some innocent victim.
They are hungry lions hiding in the bushes, hoping to catch some helpless passerby. They trap the poor in nets and drag them away.
They crouch down and wait to grab a victim.
They say, "God can't see! He's got on a blindfold."
Do something, LORD God, and use your powerful arm to help those in need.
The wicked don't respect you. In their hearts they say, "God won't punish us!"
But you see the trouble and the distress, and you will do something. The poor can count on you, and so can orphans.
Now break the arms of all merciless people. Punish them for doing wrong and make them stop.
Our LORD, you will always rule, but nations will vanish from the earth.
You listen to the longings of those who suffer. You offer them hope, and you pay attention to their cries for help.
You defend orphans and everyone else in need, so that no one on earth can terrify others again.