Today required franchise disclosure documents are over 200 pages generally. How many pages do you think the Uniform Franchise Offering Circular; UFOCs were 35 years ago for these ten-foot tall pillars of the franchising community like Kroc, Monhan and Rosenberg founded their companies? They were of course the founders of McDonalds, Domino's Pizza and Duncan Donuts.
Look at the modern day UFOCs now as franchising companies try to crystal ball every possible eventuality, thus putting the franchisors and franchisees into an unworkable box for fluidity of motion. If you study the competitive aspects of business in relation to war you will see that for any army to advance and win a battle or any business to attain and advance market share fluidity of motion is key. It is what one of the components that takes good companies to great and Jim Collins and company along with his Stanford research staff would agree. If companies cannot adapt fast to changing consumer trends such as Atkins or South Beach Diets and Low Carb lifestyles then the franchise systems will fail, if the documents are so tight to include every current issue in the franchised business model, then in the event of a slight change will not be able to compete and will lose market share.
In war it is no different those who doubt this should read up on Carl von Clauswitz (On War), Colonel Boyd (OODA Loop Theory) and Sun Tzu (The Art of War). In war people die, in the franchising model franchisors file bankruptcy (i.e. Schlotzky's Deli recent BK) and franchisees lose their investments and their American Dream. Surely the Federal Trade Commission is not so adamant about rule making simply to make rules that they will deny the truth of competitive free markets. Rules must make sense and the Federal Trade Commission should come back to Earth and live in the reality of the business world where customers vote with their dollar of their own free choice and free will. Think about it.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs
Oswego taxi to Midway ..Many of our nations 400,000 franchisees run their businesses out... Read More
Attorneys and Lawyers are ruining the franchise industry. It is... Read More
What is the Big Race all about when it comes... Read More
Where do you look for the appropriate alliance?One of the... Read More
Summer is a time for the outdoors, for that well-deserved... Read More
Let me get right to the point. The single most... Read More
At first blush this idea might be difficult to wrap... Read More
Many physical therapists in private practice have the appearance of... Read More
A Brilliant Marketing Idea... sounds great but what is it?... Read More
Fuel prices these days are quite high and they take... Read More
I propose this thought on the subject of Franchisee territory... Read More
If you are a small business you know that you... Read More
Small business owners often enter their field with great expectations.... Read More
Sexual Harassment is a disturbing part of employment life in... Read More
Essentially there are 5 tremendously powerful methods to make money... Read More
As a specialist in getting restaurants open, it is surprising... Read More
What is the best time to expand a mobile car... Read More
Does your small business have a banking and credit card... Read More
The stock market is still on a wild roller coaster... Read More
Habit: A consistent behavior you perform so frequently that it... Read More
Your business is making profits, but where is the cash?... Read More
As a successful small business owner,you're accustomed to long hours;... Read More
The revenue history is a vital piece of your power... Read More
Many ventures are faced with the challenging task of raising... Read More
Shopping for a franchise is easy if you know what... Read More
shuttle from Midway Morris ..It's a strange anomaly.Most people who set out to start... Read More
Why does a good business relationship rely on having some... Read More
The day care industry is expanding. There are now more... Read More
One of the biggest fears people have about starting a... Read More
If you really want to earn more money with your... Read More
So it's time to invest some finances into advertising your... Read More
Why give freebies?We have all seen freebies at trade shows... Read More
Incredible as it sounds, you have a goldmine of free... Read More
The FTC- Mighty Federal Trade Commission has unilaterally decided to... Read More
Do you own a franchised business? Over 400,000 franchised businesses... Read More
What are the 5 best ways to gain new contacts?There... Read More
Want your small business to flip instead of flop?! Statistically... Read More
There are only a handful of car wash franchises in... Read More
Business owners rarely go into business to deal with the... Read More
Am I the only one that does not have an... Read More
The home-based business market, sometimes called the SOHO (small-office/home-office) market,... Read More
When you go into business for yourself, there are many... Read More
It's the dream of every person who starts a business... Read More
A corporate shell could be liken to a house that... Read More
Under the Securities Act of 1933, any offer to sell... Read More
Company mottos can easily be printed on a business card.Sometimes... Read More
Pressure washing companies must look for customers in the retail... Read More
Are you a small business owner who wants to expand... Read More
You've always liked flowers and you think the idea of... Read More
As you may already know, asphalt paved parking lots do... Read More
Small Business |