Why are we over regulation the franchising industry, what purpose does it serve? Rules and laws are fine, level playing fields are nice, but the customer votes with their dollar and the entrepreneur and companies can only sell what people are willing to give up that unit of trade we call a dollar for.
The FTC, Federal Trade Commission is going to pile on more regulation and minutia to the rules of franchising, but what purpose does it serve? The free market should decide and the right to free contract will determine which businesses succeed and which fail. No amount of rules and regulations will change that. You may change a few votes here and there, use some mass media scare tactics to prove it is necessary, but in the end the Federal Trade Commission will merely be reduced to the sound and fury of the general population.
The Federal Trade Commission has an important choice right now to make. Either it can proceed and create more laws and rules upon those already created which will further damage consumer and company or it can, take a real philosophical approach to the real underlining issues and fix the root of the problem. The franchise rule tree needs trimming and there are several franchising companies, which can help you prune it. ServiceMaster has a whole division for tree trimming. You see there is no industry that franchising cannot streamline, create efficiencies in, provide jobs for, increase tax base from. No industry exists which cannot be fixed thru such a superior species as franchising. Meaning the consumers are better served as franchising moves forward. Shouldn't we stop holding it back now, now that we know that there is really no fraud to speak of? Think about it.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs
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