Word: franchisee
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Some firms have found that the best way to survive Chapter 11 is to escape it as swiftly as possible. The Days Inns motel chain brought 1,200 franchises out of Chapter 11 in January after a relatively brief 17-month stay. "A lot of bankruptcies just go on forever...
Yet VEP is now going out of business, even though its mission is far from complete: 4 million eligible Southern blacks are still not registered. Last December the big white-controlled foundations that have funded vep for the past 30 years ceased their support. Brown, the organization's director since...
The World League is making a token effort to develop international athletes. Each international franchise--Montreal, London, Barcelona and Frankfurt fields 3 non-American players including 2 from the team's country. Players like Frankfurt defensive end Olaf Hampel give the hometown crowd one of their own to cheer for...
Maushard embarks from Boston in his "beast," a dilapidated car that takes him to southern Mexico. His $900 already wearing thin, Maushard makes a valuable friendship with a Nicaraguan franchise operator, Donald, who helps him to the Nicaraguan border. The acquaintance really pays off when this wealthy merchant provides Maushard...
Disney has persuaded a number of cable-system operators to lower monthly fees, whether for Disney alone or as part of a package with other pay services. In either case Disney reduces its own fee. The channel freely capitalizes on the promotional value of the Disney name by sending classic...