Date: Sat, 22 Jan 2005 17:59:26 CST
From: "Brent D. Gardner, ChFC" 
Newsgroups: misc.invest.financial-plan
Subject: Re: What's the best way to invest $50k, $100k, or $200k?
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	EjdXSsSXB+DtXXJsH42cForCV/fuxBFbgXg6bJX6mViKt+wb+8hJOw==
	=pOlE

"John A. Weeks III"  wrote in message 
news:john-51447A.13474322012005@news.mpls.visi.com...
>> A franchise?
>
> 90%+ of new business fail within 5 years.  That sounds even
> worse than the stock market since March of 2000.

Incorrect. According to a survey by the U .S. Commerce Department, the 
percentage of businesses still operating after the first year -- compared to 
independent businesses -- is 97% to 62 %. After five years, the comparison 
is even more telling -- 92% of franchised businesses are still operating, 
compared to 23% of independent businesses. After ten years. 90% of 
franchised businesses are still operating. compared to 18% of independent 
businesses.

I have to admit, I have an invaluable source in my practice -- an attorney 
with 30+ years experience in franchise law.  =)

He bust out laughing when he heard me read the false statistics given by 
John Weeks.

Brent D. Gardner, ChFC
Chartered Financial Consultant
http://www.brentdgardner.com/
http://www.gardnerfinancialgroup.com/
http://www.topgunproducers.com/
http://www.creditfixinc.com/

Si vis pacem para bellum!

"Be ever questioning. Ignorance is not bliss. It is oblivion. You don't go 
to heaven if you die dumb. Become better informed. Learn from other's 
mistakes. You could not live long enough to make them all yourself." - Hyman 
George Rickover (1900-86), Admiral, US Navy, advocated development of 
nuclear subs & ships

The Chartered Life Underwriter (CLU) and Chartered Financial Consultant 
(ChFC), designations owned and exclusively offered by The American College, 
signify the highest standards of academic study and professional excellence 
in the financial services industry.