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am looking to take on the franchise or membership but reluctant to spend my money

2006-08-30 18:55:44 · 3 answers · asked by Anonymous in Business & Finance Investing

3 answers

I invested in a Travel Agency, and used Global Travel Group as our method of bonding. I regreted it as we did not have the freedom we wanted to trade with other companies. They also took personal guarantees which were open ended, in my case my business partner booked holidays and stole the money, he disapeared, so I was forced to pay after the agency, a limited liability company, had gone into liquidation... maybe I am just bitter.. but please check and recheck the agreement do not sign it (as I did) without seeking legal advise... also be aware how competative and fast changing the travel market is anyway..please be sure of your business model... I am in my late 30s and make maybe 8-10 trips abroad a year but every booking is made online and has been for years... I do not think I am unusual.. non the less I wish you luck

2006-09-02 13:49:12 · answer #1 · answered by Andrew 3 · 0 0

yes what do you want to know.

2006-08-31 01:58:16 · answer #2 · answered by santa s 4 · 0 0

Sorry, No.

2006-08-31 02:10:46 · answer #3 · answered by Phlodgeybodge 5 · 0 0

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