We’ve just published a case study that profiles the bind faced by William Burris, the owner of a box-rental franchise in Washington, D.C., who learned that his franchisor had gone bankrupt.
Mr. Burris had been one of the first United States-based franchisees of Rent Your Boxes, a company founded in Australia to help people rent moving boxes without having to worry about disposing of them. After meeting the company founder at an industry trade show, he invested about $100,000 to purchase three franchise territories in 2009. Read full post.