‘[tweetmeme source=”RoseA_smallbiz” only_single=false]’ There was this question from Joel Libaya, expert from Small Business Trends, about granting bailout plans for franchises and I would like to quote one of Joel’s response to the comments.

My point was that if the banks and the domestic automakers can get a bailout for their blunders, why can’t the franchise industry get some cash, too?

Well, I get his point toward this bailout plans but this has an obvious downside if ever this is to be granted.

Can you imagine hundreds or maybe thousands of franchises who happens to fail and will all fall in line in the banks to ask for bailout on their franchises? I couldn’t honestly take that scenario! So definitely, it’s a NO for me.