Share
170 Posts.
lightbulb Created with Sketch. 47
clock Created with Sketch. 20/12/17
13:24
Share
Originally posted by david1475
↑
I don't think these franchise situations are really too relevant to SGP. I've been hearing horror stories about franchises for years, and it's because the franchise corp have the individual franchisees over a barrel. They force them to buy stock from the main corporation at inflated prices and give up a % of their revenue. Even if the stores are losing money the corp side still profits, and if the business model isn't working any more, the individual owners have very little they can do about it as they're locked in to selling a certain product prepared in a certain way using materials/ingredients sourced from a certain supplier at a certain cost, with a certain amount of advertising and promotions provided by the franchise corp. No one HAS to deal with SGP or westfield.
Expand
David you really DONT know what is going on in shopping centres. The RFG investors had NO IDEA what was going on in that Company.
(20min delay)
