Some doctors thrive in a personality-based clinic and have a loyal following no matter what services or equipment they offer, but for most chiropractic offices who are trying to grow and expand, new equipment purchases help us stay relevant and continue to service our client base in the best, most up-to-date manner possible. So, regarding equipment purchasing: should you lease, get a bank loan, or pay cash?
Another Lawsuit for VF-Works
A lawsuit has been filed by former franchise holders James and Debra Dixon (plaintiffs) against VF-Works, Inc., Nu-Best Franchising, Inc., John Postlewaite,DC, and other VF-Works officers (defendants). The lawsuit alleges that:
- "Dr. Postlewaite's representations regarding FDA approval were false."
- "Defendants breached the terms and conditions of the franchise agreement."
- "Defendants in selling the subject mobile video fluoroscopic unit to plaintiffs engaged in deceptive trade practices as defined by R.C. 4165.02.
- "Defendants, in selling the Nu-Best franchise and the VF-Works mobile video fluoroscopic unit, acted fraudulently, maliciously, unlawfully and in reckless and flagrant disregard for the rights of plaintiffs.
- "The franchise agreement is an illegal and void contract and therefore is unenforceable. Plaintiffs are therefore entitled to rescission of that agreement and to be returned to their original position prior to entering into it."
The original lawsuit was filed in the Court of Common Pleas in Cuyahoga County, Ohio on August 18, 1999. It now has moved to federal court. Additional lawsuits by other franchise holders are expected.