Home
>
Small Business
>
Cost Effective Franchise Regulations, Come again

Cost Effective Franchise Regulations, Come again

The Franchise Group at the Federal Trade Commission in all their ego and glory has proclaimed that franchise disclosure laws are "Cost Effective." I hate to break it to the FTC, but your comments and court are completely naked. The folks at the FTC are wearing no clothes. In a recent franchise report put out by the commission they actually had the tenacity to say that these rules and regulations in the franchise law are cost effective.

What on God's Earth are they talking about? How can the FTC purport that as truth? That is a farce indeed. For instance the printing costs alone do not show anything in the way of cost-effectiveness. Printing costs are the real costs after the preparation costs of 25-35k, not including the registration costs and on-going changes which are made every time another brilliant judge in some Kangaroo Court wants to make a statement triggering additional case law and therefore new clauses in the franchisor's UFOCs. The whole thing is just a complete joke really. Yet no one says anything, because if you complain about it, you are "Unprofessional" instead franchisors are to simply accept this and pardon the figure of speech "bend over and take it like a man" from the parasites of the regulators and the terrorists, extortionists lawyers. (CYA- this is personal opinion, using common phrases and figures of speech, well know in the entrepreneurial sector; those noble innovators who provide and build everything you see, every where you go, anywhere you live and everything you buy).

The cost alone to print UFOCs is not cost effective. What is the real cost. I'll throw out the number $4.65 to print a UFOC, and most franchisors do not print just one at a time, we print 50 or so at time, some franchisors print 250 ? 500 at a time due to the number of potential inquiries. These are 1998 costs, generally UFOCs have gotten bigger since then as lawyers have further put a strangle hold on the industry and without some tort-reform; they will just get bigger and bigger. I imagine they will continue to bulge at the seams as we add more pages due to this Federal Trade Commission future ruling.

Many UFOCs never get used because there is always new case law showing up on the ABA Forum on franchising and so we are constantly modifying them. It makes it hard to lead a franchise company when all the agreements are somewhat different to CYA yourself from the changes caused by litigation in the private sector, apparently franchising has joined the ranks of mold, ADA law, employment law, sexual harassment, wrongful death as a good way to make easy money for lawyers? Think about it, spilt hot coffee, the hamburgers made me too fat, forgot to disclose or mention your dog's name when you were five years old and suddenly and magically a lawsuit. We made 22 changes in the 2002 UFOC for the state of CA for renewal. We had about 10 left over, which became invalid and were be tossed out as the new redlined copy becomes the latest CA version. So really we had $46.50 in throw-aways, and that is just CA, one state. Remember we have 12 viable registration states. So multiply that times twelve and a yearly occurrence. And large franchisors are probably stuck with 10 times that number. Especially those who print 50 or more copies and deliver them to master franchises, who are told to throw them all out and start over every time some new case law shows up or a state registration renewal comes due. Cal-if-forn-ia is not the only registration state, just the most ridiculous one, you would swear that the Liberal crowd in Boston, Merry Land and NY are trying to become close runners up by the proposed franchise legislation and the insanity of their registration requirements. Someone really needs to talk to those folks about what capitalism is, how it works and what is meant by free markets. Any and all UFOCs, which were printed as of this date will most likely be thrown out due to law and rule changes, case law and future possible rule changes here at the Federal Trade Commission. I have talked with some larger franchisors, who claim a $500,000 per year budget in printing. Yah sure, like that is somehow "Cost-effective?" Of course the way government throws around and wastes money, apparently they believe money grows on trees just like the ones that are cut down to print all this over disclosure. May I ask what happened to the Paper Work Reduction Act? The idea behind it is to streamline, not pass on the problem to the private sector.

Yah, what a joke and we pass this off as responsible government, its time to bring Ronald Reagan's ass back down from Heaven and cut out the fat. Cost effective indeed and what on Earth would government know about being cost effective, give me a break. Think about it and thanks for listening.

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs

disinfecting cleaning services Arlington Heights ..

In The News:

Malicious Chrome and Edge extensions collected browsing history, keystrokes and personal data from millions of users before Google and Microsoft removed them.

Google's new Call Reason feature lets Android users mark calls as urgent before dialing, displaying an urgent label to recipients using Phone by Google app.

Medical history made as surgeons successfully restore sight to legally blind patient using world's first 3D printed corneal implant grown from human cells.

Data brokers aggressively collect your holiday shopping data to fuel scams and targeted ads. Learn how to delete your digital profile before 2025 starts.

Scammers are sending fake MetaMask wallet verification emails using official branding to steal crypto information through phishing links and fraudulent domains.

Learn what background permissions, push notifications, security updates, auto-join networks and app refresh mean to better manage your phone's privacy settings.

Criminals test stolen data by applying for deposit accounts in victims' names to prepare bigger attacks. Learn why banks won't share fraud details.

New study of 10,500+ kids reveals early smartphone ownership linked to depression, obesity, and poor sleep by age 12. Earlier phones mean higher risks.

A phone phishing attack compromised Harvard's alumni and donor database, marking the second security incident at the university in recent months.

AutoFlight's zero-carbon floating vertiport uses solar power to charge eVTOL aircraft while supporting emergency response, tourism, and marine energy maintenance.

A new phone return scam targets recent buyers with fake carrier calls. Learn how criminals steal devices and steps to protect yourself from this fraud.

New Anthropic research reveals how AI reward hacking leads to dangerous behaviors, including models giving harmful advice like drinking bleach to users seeking help.

The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.

Holiday email scams, including non-delivery fraud and gift card schemes, spike in November and December, costing victims hundreds of millions, the FBI says.

Holiday visits offer the perfect opportunity to help older parents with technology updates, scam protection and basic troubleshooting skills for safer digital experiences.

Swiss scientists create grain-sized robot that surgeons control with magnets to deliver medicine precisely through blood vessels in medical breakthrough.

Researchers exploited WhatsApp's API vulnerability to scrape 3.5 billion phone numbers. Learn how this massive data breach happened and protect yourself.

Travel companies share passenger data with third parties during holidays, but travelers can protect themselves by removing data from broker sites and using aliases.

Xpeng's humanoid robot moves so realistically that crowds believed it was fake, marking a major advancement in robotics technology ahead of 2026 commercial launch.

Researchers discover phishing scam using invisible characters to evade email security, with protection tips including password managers and two-factor authentication.

iPhone and Android users can reduce battery drain and data usage by restricting Background App Refresh to Wi-Fi connections instead of mobile networks.

Scammers nearly stole an Apple account by exploiting the support system with authentic-looking tickets and phone calls, users can protect themselves with safety steps.

FoloToy restored sales of its AI teddy bear Kumma after a weeklong suspension following safety group findings of risky and inappropriate responses to children.

Threat intelligence firm Synthient uncovers one of the largest password exposures ever, prompting immediate security recommendations.

Viral video shared by Elon Musk shows Tesla's Optimus humanoid robots performing tasks from cooking to construction, garnering over 58.5 million views on social media.

Cost Effective Franchise Regulations, Come again

Small Business