Re:It costs $10k to ‘own’ a Chick-fil-A franchise
by charmides on Sunday January 19, 2020 @07:09PM
(#22095126)
What did you end up doing instead?
Re:It costs $10k to ‘own’ a Chick-fil-A franchise
by sixtypoundhound on Wednesday January 22, 2020 @05:01PM
(#22122521)
When the axe finally fell, My boss walked my resume over to a sister company in the same private equity group. Had an offer within a few weeks. He gets maximum internet good guy points.
However, in the meantime, I wound up speaking with a diverse assortment of scum, villainy, and ineptitude.
They tend to target unemployed middle-aged managers, since that audience is often driven by ego to "be the boss" and has the disposable funds to pony up a large setup fee. I was aggressively targeted when I was laid off last year.
What they didn't know - until we got on the phone - is I'm the target prospect from hell. I certainly have the funds; however, I got them via two decades of finance and strategy work. Old habits die hard. Due Diligence? Don't mind if I do...
I was polite but I laid out my expectations in financial terms based on investments in businesses of similar size. Actual deals which I had managed. Made it clear I had the funds to deliver if they could meet my goals in writing.
They ran like hell.