Fraud and Business Opportunities from around the Blog
Here is terrific story about China.
China Products: Forget Trust, Just Verify "National Public Radio's Marketplace did a great story today on 'customer service' in China, which goes a long way towards explaining what foreign companies must do if they are to get good product from their Chinese suppliers. This article nicely highlights some of the major differences one is likely to encounter in sourcing product from China as opposed to from North America or from Western Europe.
Shortest franchise in existence, from FranchisePick.
Auctioning4u Scraps Franchise Program, Closes eBay Drop-Off Stores The eBay Drop-Off Store franchise concept has received one more nomination for induction into the ‘Hot New Franchise’ wing of the Museum of Really Bad Ideas.
Ending what may have been one of the briefest forays into franchising ever, Christian Braun of UK-based Auctioning4u has announced that the company is going to focus solely on its home pick-up strategy. According to CEO Braun, Auctioning4u is closing its corporate and franchise stores, and is ceasing its efforts to franchise the Auctioning4U concept.
Also from FranchisePick, how would you like to do business with franchise development company whose CEO has been jailed for tax fraud? Only in the Mideast, you say. Pity.
Let’s Franchise the Middle East: "
Franchise consulting firm Francorp has had its share of unfavorable franchise press since its founder was jailed for tax fraud and then, according to Franchise Times, put into solitary confinement for conducting business out of Duluth Federal Prison Camp. According to this recent press release, Francorp is back in expansion mode… ready to franchise the Middle East.
