BENNIGAN'S BANKRUPTCY

When big chains go bankrupt, their franchises can be left in the lurch... or continue to profit. Of course, when corporate-owned locations close, those franchisees still operating independently have less power to negotiate discounts with suppliers. And the bad press that comes with a bankruptcy can be a blow even to franchisees with healthy businesses. Here's a look at 11 big brands that went bankrupt, and what happened next.

TO READ THE FULL ARTICLE: http://www.businessweek.com/smallbiz/content/aug2008/sb2008084_482588.htm