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Gregory Carafello and his wife owned a thriving multi-unit printing business, but after 9/11 they lost 70 percent of their contracts. One day, looking for ways to recover, he answered an advertisement in the Wall Street Journal soliciting prospective franchisees and master franchisees for a business called Cartridge World. He had never been a franchisee and he had no idea what was meant by “master franchisee.”
Gregory Carafello and his wife owned a thriving multi-unit printing business, but after 9/11 they lost 70 percent of their contracts. One day, looking for ways to recover, he answered an advertisement in the Wall Street Journal soliciting prospective franchisees and master franchisees for a business called Cartridge World. He had never been a franchisee and he had no idea what was meant by “master franchisee.”