EzyDVD Pty Ltd in Receivership!
Franchising December 17th, 2008
It was with mixed emotions that I read that
EzyDVD Pty Ltd went into Receivership today. I feel a sense of loss for the many good franchisees who put their trust and money on the line to work within the EzyDVD franchise model and I hope that they can recover from what ever happens over the next few weeks. As for the company as a whole, I have far less compulsion to feel any sorrow at all.
The EzyDVD system was a good experiment that should have ended several years ago. Far too many hard working people have put their savings into the business and then been left by the wayside having lost most, if not all, their assets when their store failed to perform as expected. Read the rest of this entry »
Popularity: 59% [?]