Last summer the FTC put forth a report and then asked for comments on modifications of the franchise rule. There has been no real significant changes since the 1970's, but lots of opinions and case law along the way. All these complications of rules and the rules proposed today by the Federal Trade Commission do not help franchisors remain efficient or franchisees sell more pizza, hamburgers or donuts.
Franchising is not about laws as much as delivering goods and services to people in an expeditious and efficient manner. Franchisors need to concentrate on markets and the Federal Trade Commission on trends and keeping markets free, free from barriers to entry, free from abuse of power and help maintain free flow to such markets. The FTC is not the FBC Federal Bureaucracy Creator. If the Federal Trade Commission is going to referee, that is fine and will continue to serve our nation as it was intended, but changing the rules half way through the franchise game is hurting the industry not helping it.
No harm has occurred, so no fouls are needed, franchising has the lowest fraud statistic rate of any industry, so low in fact that they have to create fraud and label honest franchisors fraudulent to maintain self worth of that department of the agency. The Federal Trade Commission enforcement division is simply not needed on the field running up and down the courts blowing whistles on every play. Now we have private attorneys sitting on the sidelines hooking athletes as they run for touch-downs in new evolving plays in industries never franchised before. Like a DC Sniper shooting at an executive on his way to work or like the unruly fans spitting in the face of Lance Armstrong as he nears the finish line, screaming; "Don't come back next year, give someone else a chance to win!" Free markets must remain competitive to serve the common good of the citizen, country, economy, consumer and in this case the franchise community.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs
ohare limo service Grand Rapids ..Owning a business is a challenging endeavor. If you're like... Read More
The reason we Franchisors call it an exclusive territory is... Read More
"Order Now!" "Your Business Will Fail If You Don't Have... Read More
The air in my client's office nearly crackled with her... Read More
Do you sometimes find yourself just going "through the motions"... Read More
Cash is King?That is what everyone tells us and it... Read More
A recent survey indicated that clean Taxi Cabs Fleets have... Read More
In your small business debt collection laws will eventually become... Read More
There are both fixed and mobile detailers. Consumers often will... Read More
Paper Shredding Business Opportunities are blossoming up everywhere because in... Read More
Pity parties are nothing new. In fact, we do it... Read More
How often have you thumbed through a business opportunity magazine,... Read More
Everyday more web based companies enter the business scene. The... Read More
When do annoyances in a relationship become too much to... Read More
A Brilliant Marketing Idea... sounds great but what is it?... Read More
One way to determine your companies mission statement is based... Read More
Looking for a place to add a Quick Lube away... Read More
Small business owners often enter their field with great expectations.... Read More
As a home business proprietor, you may already realize why... Read More
Many of us have noticed how some nearby communities seem... Read More
Why does consistency in the message have an effect on... Read More
Does your small business have a banking and credit card... Read More
Continuing from the second article:6. About the aground mathematical model,... Read More
Many small companies work very hard to get new accounts.... Read More
The success of your business is critically dependent on how... Read More
executive chauffeured services Barrington Hills ..Have you ever heard the phrase, 'PREPONDERANCE OF PROOF'?I recently... Read More
Why should you always maintain a good report with a... Read More
We all know how glorious those first warm days of... Read More
In my previous article, Step 1, your challenge for the... Read More
One way to determine your companies mission statement is based... Read More
Everyone wants to succeed in life. Most people want to... Read More
A top executive called up me late in the night.... Read More
Starting your own e-commerce business can be quite the adventure.... Read More
Senior citizens are generally not a large marketing segment for... Read More
It seems so long ago that I started my first... Read More
Business checks are available in many styles and varieties. They... Read More
The Dynamics of Daylight Savings Time changes the way we... Read More
There are countless ways to save your business money. Unfortunately,... Read More
Never underestimate the power of perception! Perception plays a major... Read More
Would you rather have one good client paying you five... Read More
The way you manage your money is one of the... Read More
Passion. Passion alone can make your business successful. As an... Read More
There are several well-known truck washes in the Great State... Read More
Boston itself covers 50 square miles of concrete and traffic,... Read More
What kinds of things effect mobile service businesses P and... Read More
If you are the boss and you think your job... Read More
Since you own a business you probably have liability insurance... Read More
Seventy percent of US households use the web when shopping... Read More
We have all seen the mobile washing units cruising our... Read More
$37.4 million funded from venture capital today. $86.4 million funded... Read More
Small Business |