Tag Archives: bankruptcy

Greg Muzzillo is Pro-Bankruptcy (but only if you’re a vendor giving him kickbacks)

Words of wisdom from a franchisor: Proforma’s co-CEO Greg Muzzillo said “the filing will improve Norwood’s balance sheet immediately”.  Well, no sh** sherlock! Bankruptcy is a great vehicle to screw your creditors!  (Greg gets a 2-3% kickback on every item … Continue reading

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Questions for a Franchisor (squirm, sweat and stutter;)

We are lead to believe that franchisors tell the truth and have the franchisees’ best interests in mind.  In hindsight, franchisors lead a completely disparate life from the franchisee.  Boiled down to the most common element, franchisors are using the … Continue reading

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Midas Finally goes Bankrupt in Australia

Why do they go overseas to sell what they cannot here?  Because there are no franchise laws protecting the little guy!

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