There are plenty of bad franchises (remember Quiznos anyone?) but McDonalds is probably the best counterexample. Opening a new franchise is almost impossible these days and McDonalds does a lot more due diligence on someone acquiring an existing franchise (with right of refusal) than anyone ever did on SBF or FTX.
Even the scammy MLMs these days come with buyback clauses due to FTC agreements so the MLM meme of someone getting stuck with a garage full of product they can’t sell is largely a leftover from the 90s.
Even the scammy MLMs these days come with buyback clauses due to FTC agreements so the MLM meme of someone getting stuck with a garage full of product they can’t sell is largely a leftover from the 90s.