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How Do You Survive Franchisor Bankruptcy?

How Do You Survive Franchisor Bankruptcy? - Hello guys PERSONAL INJURY LAWYER, In the article you read this time with the title How Do You Survive Franchisor Bankruptcy?, we prepared this article for you to read and retrieve information in them. Hopefully the contents of postings. Article Bankruptcy, Article Bankruptcy Attorney, Article Bankruptcy Lawyer, we write this you can understand. Alright, happy reading.

Title : How Do You Survive Franchisor Bankruptcy?
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How Do You Survive Franchisor Bankruptcy?


It takes immense discipline and fortitude to survive a franchisor's bankruptcy. It's a good idea to have a plan to minimize any potential losses in revenue and reputation, just in case such an unfortunate circumstance arises. When armed with a plan, you're more likely to avoid disaster and consequently keep your business afloat.

The following are tips designed to help you get through franchisor bankruptcy:

- Heed warning signs: Hear a rumor? Investigate it. You do not want to find out the hard way - i.e., through a third party like a customer or the paper - that the franchisor is bankrupt, since doing so can compromise your rights and interests. If someone murmurs "bankruptcy," be on the alert. The worst case scenario is that you determine that the rumor is no more than a rumor, and business resumes as usual. Some signs are very subtle, so pay attention. For example, if your franchisor is collecting advertising money from you but you don't see any advertising happening, be on guard.

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