Franchising VS Business Opportunity; What is the Difference?

The modern Franchise business model and the much different business opportunity are much different and dissimilar. The definition of these two business models should be broken into completely different parts to better fit the two-different business models and have their own set of regulations, which would contain similar stipulations with regards to prohibitions, definitions or basic rules of law. The Federal Trade Commission is considering a redefining of these two models under their legal description.

I would beg to differ from those who propose similarities in rules of law or basic definitional properties of business opportunities and franchises, which did not co-evolve between 1970 to 1995, but rather Franchising branched off completely to form a divergent and much higher cognitive state. Business Opportunities on the other hand meandered to experience a multitude of developmental digressions, which now encompass everything from MLM businesses and ATM machines to Kiosks and online vitamin supplements.

When the Federal Trade Commission considered additional regulatory over sight and disclosure of the franchise rule in 1995 the business models should have forever been severed as distinct and different species, even though one could say they were born of the same evolutionary branch. Now in 2005 we see that these two methods and business models do not even belong in the same ballpark at all. Business Opportunities are evolving quite fast like a virus where as franchises are a more complex and ongoing life form. Franchising and business opportunity law must be separated completely if we are to make any relevant progress. If the goal of the Federal Trade Commission, which is somewhat unclear in concept is to protect the consumer and assist the industry with any sort of appropriate guidance, there can be no further consideration that business opportunities should remain in this line of discussion. Nowhere in the franchise rule should the name business opportunity occur unless describing a situation where a franchised business model did not meet the minimum criteria in initial fees or ongoing payments in the definitions of a franchise, however did qualify under a new definition in the Federal Trade Commission of business opportunity definition.

We must be careful in business when describing either business model to properly label the particular opportunity exactly what it is to prevent confusion. Government needs to also come up with a clear definition to help consumers. Think about it.

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

Alto Pass chicago limos ..
In The News:

Sierra Space’s Dream Chaser spaceplane provides a glimpse into the future of space travel. Traveling to space may become a part of everyday life.
The new European Hyperloop Center in the Netherlands aims bring in a new era of transportation. The center will use a steel tube as a proving ground for testing the new vehicle.
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
While it may be incredibly tempting to have a “go with the flow" mindset like the rest of your vacation, your technology definitely should not be compromised while traveling.
Have you ever accidentally deleted an app from your iPhone that you’ve already paid for? Don't worry. We’ve got a trick that will help you get it back without having to buy it again.
Apple's new Journal app has raised privacy concerns among Apple's userbase. Tech expert Kim Komando examines social media rumors and explains what steps to take to protect yourself.
Although Facebook has denied that our phones listen to us, they do have other ways of finding out what we are talking about, listening to and searching for.
With the integration of OpenAI technology, Figure 01 has taken a significant leap forward, showcasing the potential of robots to understand and interact with us on a personal level.
Port Ellen, newly reopened whisky distillery in Scotland, is using SmokeDNAi technology to understand mouth-feel and flavors during the whisky maturation process.
Telly, a smart TV firm, is promising to give out their 4K 55-inch TV for free. What must you give in return? The innovative, yet potentially unsettling, answer might shock you.
The moment a spam invite hits your calendar, it’s like an uninvited guest at a party. So, what do you do? Show it the door.
Identity thieves are now targeting children and are making large sums of money by exploiting children's identities, possibly hurting their financial future.
There's a clever way to change the notification sounds on your Android without having to look at your screen. Kurt "CyberGuy" Knutsson explains.
If your bank accounted has been hacked, there are a number of steps you can take to prevent it from happening again. Kurt "CyberGuy" Knutsson explains.
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
The Wave House, a data center in Heidelberg, Germany, is the the largest 3D-printed building in Europe. Its walls were built in about 140 hours.
Some government agencies around the world are struggling to meet their staffing goals when it comes to hiring artificial intelligence experts.
Google Maps' recent upgrades have introduced real-time ETA and turn-by-turn directions to your phone's lock screen while you are traveling.
Kat Cammack says AI could disrupt the 2024 election. A report says shared AI image tools generate election disinformation in 41% of cases and voting disinformation in 59% of cases.
Deepfakes have become commonplace, and the technology is only getting better, but there are certain elements that might give away the fact that an image is AI-generated.
A stealthy technology known as EM Eye allows eavesdropping on your home security cameras, according to Northeastern University researchers.
Give your iPhone an extra layer of security. Tech guru Kurt "CyberGuy" Knutsson explains the easy steps for changing the security passcode on your iPhone.
Kim Komando shares expert tech tips to maximize productivity. Learn screen recording hacks and file organization tricks to streamline your digital workflow.
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
Tech guru Kurt "CyberGuy" Knutsson reveals the best note-taking apps on the market to simplify your life and stay on top of things at the office.

Boat Cleaning Business Case Study: Entrepreneurship 101

How do marine type businesses start? Have you ever thought... Read More

Do I Have to Do EVERYTHING Myself?!

The air in my client's office nearly crackled with her... Read More

Dont Let Your Small Business Fall in the FDCPA Trap

When someone owes your small business money, you certainly feel... Read More

Your Babys Ugly..and Youve Got Bad Breath

I've got good news and bad news. The good news... Read More

Does Your Business Need a Toll-Free 800 Number?

Should your business have a toll free number for customers... Read More

Business Relationships Defined

What makes a business relationship?What really makes a business relationship?... Read More

Starting a Pressure Washing Business

Are you thinking of starting a small pressure washer business... Read More

But This Is Just My Opinion

Hi, Charles...here, Your Cap and t-shirt guy From Texas. How... Read More

Private Investigator Tactics

A Private Investigator is a professional trained in the art... Read More

To Buy A Fat Pig

What does buying a fat pig have to do with... Read More

Job Costing - Do You Know How?

What's your job profitability? I meet with business owners every... Read More

Sexual Harassment - Its just not on!

Sexual Harassment is a disturbing part of employment life in... Read More

Small Business Stress Buster: Completion not Perfection

Completion not Perfection Five Keys To Doubling Your Productivity and... Read More

More Business Card Uses

Why would you use an event pass?Event passes are often... Read More

Image is Everything - Secrets to Cleaning Car Fleets

A recent survey indicated that clean Taxi Cabs Fleets have... Read More

Five Simple Software Tips for Small Business Owners

The start of a new year is a time for... Read More

10 Cardinal Rules for Business Growth

After over 30 years of participating in hundreds of businesses,... Read More

Accounting and Billing Procedures for Small Business

No matter how small your small business is, it is... Read More

The ABCs of Fundraising

There are many little details that go into making sure... Read More

How To Plant Seeds of Success With Small Business Ideas

Think of all of your business ideas as tiny seeds... Read More

Starting a Mobile Auto Detailing Business; Dry Wash or Pressure Wash?

Many experienced auto detailing professionals who have started out using... Read More

Gold Medal Delegation

When the recent Games of the XXVIII Olympiad came to... Read More

How To Start A Blind Cleaning Business Quickly And Easily

Starting the blind cleaning business is one of the best... Read More

Fire the CEO

If you are the boss and you think your job... Read More

A Small Business Consultant Can Help in Many Ways... But One Thing He Can?t Provide

A consultant must remember that the business belongs to the... Read More

Alto Pass cool limo ..