The FTC, Federal Trade Commission, is considering modifying the franchise rule. So far it has be a ten-year process; just imagine working that slow in your business? In 1995, 1997 and 1999 when the comments were first considered and taken in, which spans a ten-year period. When you combine those comments with this current rule making period they may have broken the record for the longest rule making session since voting on the slavery issue; one heck of a long rule making period by any means.
Many of the franchisors now in business were not in business back then and therefore their concerns have not been heard. Some of the franchisors have come and gone within that time frame. Some have made fortunes, one in five franchisors makes it to five years? So, many have come and gone. What actions at the Federal Trade Commission caused the pre-mature death of those companies? Could we have a mortality rate of one in three instead of one in five in the franchising industry if we worked to reduce over burdensome regulations?
One in five children in Africa live to five years old; dieing of malnutrition, malaria, yellow fever, dysentery? Are franchisors so burdened with the incorrect flows of law that 1:5 success rate is the norm? Why is this, shouldn't we back up and take a look at what we have built here? Think about it.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs
insured cleaning company Deerfield ..Forget everything you've ever heard about the U.S. Small Business... Read More
Now that winter has passed, the annual ritual of spring... Read More
Every business plan book tells you how the Executive Summary... Read More
While I was hard at work last week, an everyday... Read More
Last week we discussed the importance of performing an autopsy... Read More
Franchising companies often use Business Broker to help attain sales... Read More
There are many factors to be considered when you are... Read More
SBIR vs. STTR: If you are participating in the SBIR... Read More
Why? Because they have access to world class public relations... Read More
If you don't know what a Virtual Assistant (or VA)... Read More
Cash flow. To stay in business, you've got to keep... Read More
The FTC Franchise Rule maybe changed, as the Federal trade... Read More
The Federal Trade Commission decided to sit down and revamp... Read More
The Federal Trade Commission which governs the franchise industry thru... Read More
All legitimate home business entrepreneurs insist and announce loud and... Read More
Auto Detailing: Maintaining A Commercial Carpet ExtractorYou should drain your... Read More
There are only a handful of car wash franchises in... Read More
Think of all of your business ideas as tiny seeds... Read More
Image of your franchise automotive outlet is so important. Some... Read More
Starting your own e-commerce business can be quite the adventure.... Read More
There is a continual trend we are seeing which I... Read More
It's obvious when a small business has accepted the fact... Read More
We hear a lot of talk about junk mail nowadays.... Read More
1. TargetYou are not all things to all people. Decide... Read More
Do you need grant funding for your nonprofit organization? If... Read More
top rated cleaning service Bannockburn ..You are selling your small business (business value under $1... Read More
The following tips have come from a wide variety of... Read More
At one point or another, almost every business runs short... Read More
In these days of insecurity and uncertain futures, the tendency... Read More
Many government department heads are on the take. Oh they'll... Read More
If you own a small business, you should know that... Read More
At first glance, this topic may seem a little repetitive,... Read More
You can provide affordable health care plans to your employees.... Read More
New Franchisors and Entrepreneurs need to watch out as they... Read More
Outsourcing is the strategic use of outside resources to perform... Read More
Don't you find that there are so many decisions you... Read More
Are the promoters and consultants destroying the market for Reverse... Read More
Think the best way to get more customers is to... Read More
"If at first you don't succeed, then skydiving definitely isn't... Read More
The FTC- Mighty Federal Trade Commission has unilaterally decided to... Read More
In general, all of us know how to accomplish the... Read More
Time. As a small business owner, it's the commodity you... Read More
In the Truck Washing Business every single type of vehicle... Read More
When you feel like you're always busy working on your... Read More
If you've been considering incorporating your small business, you've probably... Read More
SBIR Corner: FFP vs. CPFF contracts:In the SBIR/STTR world, the... Read More
It is estimated that 78% of all small business start-ups... Read More
Starting the blind cleaning business is one of the best... Read More
Small business success is very similar to learning to walk,... Read More
I believe the number one reason why a business will... Read More
Small Business |