Collapsed Signature Homes franchises around New Zealand have left more than 450 unsecured business creditors out of pocket by more than $4.5 million during the past five years. Otago Daily Times Business Reporter Simon Hartley asks the parent of the franchised companies, Signature Homes Ltd and its managing director Gavin Hunt, about its business model for franchisees.
Ten construction companies associated with parent franchise owners Signature Homes, David Reid Homes and Landmark Homes have collapsed during the past five years, owing millions of dollars to unsecured creditors. Continue reading this post.
