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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