Comments on: Whose Fault is the Coldstone Fiasco? http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/ Entrepreneurship, Startup Companies and Business Philosophy Fri, 20 Nov 2009 20:31:15 -0600 http://wordpress.org/?v=2.8.5 hourly 1 By: G. L. LAMBERTI http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/comment-page-1/#comment-14111 G. L. LAMBERTI Sun, 10 May 2009 11:56:43 +0000 http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/#comment-14111 MY WIFE & I WERE UNFORTUNATE TO INVEST IN A (COLD STONE CREAMERY "RIP - OFF" STORE) IN CARSON CITY , NEVADA THAT WAS OPEN FOR 14 MONTHS. WHAT A JOKE & THE (CONEHEADS) ARE NO HELP TO THE FRANCHISEES WHEN THEY HAVE A PROBLEM. THEY SURE TALK A "GOOD GAME" AND THATS WHY THEY ARE ENJOYING THEMSELVES IN THE CARIBBEAN ON THEIR YACHT (LAUGHING THEIR ASSES OFF). I WOULD LIKE TO KNOW WHERE THEY ARE DOCKED & PAY THEM A LITTLE VISIT. WE WERE TAKEN IN BY THEIR SMOOTH TALK , CHARM & LIES , AS WE WERE STABBED IN THE BACK & OUR WALLETS RIPPED - OFF. !!!!! MY WIFE & I WERE IGNORANT TO GET INVOLVED IN THIS FIACSO AS WE LOST EVERYTHING WE HAD. AS WE WERE GOING THROUGHT THIS TROUBLED TIME WHERE WAS (COLD STONE) NO WHERE TO BE FOUND. NOTHING BUT EXCUSE AFTER EXCUSE , HOW CAN THEY LOOK AT THEMSELVES IN THE MIRROR. WELL THATS MY STORY , SO IF ANYBODY HAS ANY INFORMATION ON A (CLASS ACTION LAWSUIT) PLEASE "E-MAIL" ME. ( I WANT ON BOARD )GLLAMBERTI@CHARTER.NET THANKS: GEORGE & SHEILA LAMBERTI MY WIFE & I WERE UNFORTUNATE TO INVEST IN A (COLD STONE CREAMERY “RIP – OFF” STORE) IN CARSON CITY , NEVADA THAT WAS OPEN FOR 14 MONTHS. WHAT A JOKE & THE (CONEHEADS) ARE NO HELP TO THE FRANCHISEES WHEN THEY HAVE A PROBLEM. THEY SURE TALK A “GOOD GAME” AND THATS WHY THEY ARE ENJOYING THEMSELVES IN THE CARIBBEAN ON THEIR YACHT (LAUGHING THEIR ASSES OFF). I WOULD LIKE TO KNOW WHERE THEY ARE DOCKED & PAY THEM A LITTLE VISIT. WE WERE TAKEN IN BY THEIR SMOOTH TALK , CHARM & LIES , AS WE WERE STABBED IN THE BACK & OUR WALLETS RIPPED – OFF. !!!!!
MY WIFE & I WERE IGNORANT TO GET INVOLVED IN THIS FIACSO AS WE LOST EVERYTHING WE HAD. AS WE WERE GOING THROUGHT THIS TROUBLED TIME WHERE WAS (COLD STONE) NO WHERE TO BE FOUND. NOTHING BUT EXCUSE AFTER EXCUSE , HOW CAN THEY LOOK AT THEMSELVES IN THE MIRROR.
WELL THATS MY STORY , SO IF ANYBODY HAS ANY INFORMATION ON A (CLASS ACTION LAWSUIT) PLEASE “E-MAIL” ME. ( I WANT ON BOARD )GLLAMBERTI@CHARTER.NET
THANKS: GEORGE & SHEILA LAMBERTI

]]> By: Patricia http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/comment-page-1/#comment-13021 Patricia Wed, 25 Mar 2009 01:08:41 +0000 http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/#comment-13021 I'm back and just returned from the IFA discussion forums. Incredibly, there are a lot of people asking about how they can tap into their 401k retirement funds to finance franchise investments - like Coldstone. Are these people brain-dead? Or, more likely, they are the victims of smooth-talking franchise salespersons who appeal to the emotions and get prospects so hyped up they don't know up from down. That's the big question of the day. If you don't have liquid, non-retirement assets to play the franchise game, then don't play! Don't risk your retirement assets - that's basic common and business sense. Especially these days where franchise companies only give you a short, 90-day estimate of working capital needs when it can take years to reach the break even point and cost a multiple of the estimated INITIAL investment to get there, if you ever do. There are more great articles about these topics on the Franchise Foundations website. Start with the http://www.franchisefoundations.com/buyingafranchise.html page, then read the new http://www.franchisefoundations.com/fddevaluator.html page. It's an investment that will only cost you time to read. You'll be glad you did. - Pat I’m back and just returned from the IFA discussion forums. Incredibly, there are a lot of people asking about how they can tap into their 401k retirement funds to finance franchise investments – like Coldstone.

Are these people brain-dead? Or, more likely, they are the victims of smooth-talking franchise salespersons who appeal to the emotions and get prospects so hyped up they don’t know up from down. That’s the big question of the day.

If you don’t have liquid, non-retirement assets to play the franchise game, then don’t play! Don’t risk your retirement assets – that’s basic common and business sense. Especially these days where franchise companies only give you a short, 90-day estimate of working capital needs when it can take years to reach the break even point and cost a multiple of the estimated INITIAL investment to get there, if you ever do.

There are more great articles about these topics on the Franchise Foundations website. Start with the http://www.franchisefoundations.com/buyingafranchise.html page, then read the new http://www.franchisefoundations.com/fddevaluator.html page.

It’s an investment that will only cost you time to read. You’ll be glad you did. – Pat

]]> By: Patricia http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/comment-page-1/#comment-8273 Patricia Mon, 01 Sep 2008 17:33:32 +0000 http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/#comment-8273 There’s an interesting article about the factors to look at BEFORE buying a franchise at the Franchise Foundations website. The Cold Stone case is mentioned, as are other franchise company mistakes under the individual factors. You can find it at http://www.franchisefoundations.com/franchisearticlesi.html#Bookmark4 The author, Mr. Franchise (google him) is a San Francisco franchise attorney, author, instructor and franchise expert. He’s the one who was the franchise expert in the Nagrampa case, where the California 9th Circuit of Appeals threw out the franchise arbitration clause. Sorry, the correct link for the Buying a Franchise evaluation factors article is http://www.franchisefoundations.com/franchisearticlesii.html#Bookmark1 One thing the author, Mr. Franchise, points out is the attorney who traded her briefcase for an ice cream scoop in the Cold Stone case failed to research the l-e-a-s-e aspects before buying the franchise. While you or me might possibly make this kind of mistake - an attorney making a mistake like that? Like he says, it’s almost another bad attorney joke - except she’s not laughing. Paying back a $350,000 loan balance isn’t funny. There’s an interesting article about the factors to look at BEFORE buying a franchise at the Franchise Foundations website. The Cold Stone case is mentioned, as are other franchise company mistakes under the individual factors. You can find it at http://www.franchisefoundations.com/franchisearticlesi.html#Bookmark4

The author, Mr. Franchise (google him) is a San Francisco franchise attorney, author, instructor and franchise expert. He’s the one who was the franchise expert in the Nagrampa case, where the California 9th Circuit of Appeals threw out the franchise arbitration clause.

Sorry, the correct link for the Buying a Franchise evaluation factors article is http://www.franchisefoundations.com/franchisearticlesii.html#Bookmark1

One thing the author, Mr. Franchise, points out is the attorney who traded her briefcase for an ice cream scoop in the Cold Stone case failed to research the l-e-a-s-e aspects before buying the franchise. While you or me might possibly make this kind of mistake – an attorney making a mistake like that? Like he says, it’s almost another bad attorney joke – except she’s not laughing. Paying back a $350,000 loan balance isn’t funny.

]]> By: I.Screamer http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/comment-page-1/#comment-6328 I.Screamer Mon, 30 Jun 2008 19:59:27 +0000 http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/#comment-6328 I cant' get past the first paragraph where you call it "gourmet" ice cream. Have you ever had it without any mix-ins? It's simply awful. They put a secret additive in it so that it doesn't melt so easily on the stone. But all it does it give it the consistency of Silly Putty. Even Consumer Reports said it was unbearably stretchy and way too expensive for the not-so-high quality. Maybe the public is finally catching on that beneath the mix-in "show" is just a poor product and that's why Cold Stone is having problems. I cant’ get past the first paragraph where you call it “gourmet” ice cream. Have you ever had it without any mix-ins? It’s simply awful. They put a secret additive in it so that it doesn’t melt so easily on the stone. But all it does it give it the consistency of Silly Putty. Even Consumer Reports said it was unbearably stretchy and way too expensive for the not-so-high quality.

Maybe the public is finally catching on that beneath the mix-in “show” is just a poor product and that’s why Cold Stone is having problems.

]]> By: Constance Reader http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/comment-page-1/#comment-5897 Constance Reader Wed, 25 Jun 2008 17:41:50 +0000 http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/#comment-5897 Ah, but where was the information necessary for franchisees to fully understand the business supposed to come from? Coldstone, of course. Unless there's a magazine called "Cold Slab Ice Cream Store Monthly" out there somewhere. Ah, but where was the information necessary for franchisees to fully understand the business supposed to come from? Coldstone, of course. Unless there’s a magazine called “Cold Slab Ice Cream Store Monthly” out there somewhere.

]]> By: B Smith @ Wealth and Wisdom http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/comment-page-1/#comment-5673 B Smith @ Wealth and Wisdom Mon, 23 Jun 2008 19:45:09 +0000 http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/#comment-5673 Coldstone definitely is due a good portion of the blame, but let's not let the franchisees off the hook. They had a responsibility as well and failed their due diligence. The sad thing is that they jumped in feet first without fully understanding the business. Coldstone definitely is due a good portion of the blame, but let’s not let the franchisees off the hook. They had a responsibility as well and failed their due diligence. The sad thing is that they jumped in feet first without fully understanding the business.

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