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
Cleaning the trailers towed by big trucks is not easy,... Read More
With the massive explosion of start-ups and home businesses developing,... Read More
What is the satisfaction & expectation review of the business... Read More
So there I was ? sitting in the audience of... Read More
To wash an airplane there are many items you will... Read More
The Federal Trade Commission out of the blue decide in... Read More
A solopreneur I know disappears from my radar screen for... Read More
Many physical therapists in private practice have the appearance of... Read More
Franchisor expansion policies are not as simple as one might... Read More
Why does research and education play an important part of... Read More
According to the American Society for Aesthetic Plastic Surgery, since... Read More
In the first article we mentioned the main characteristics that... Read More
Is this you?You dreamed of owning your own business, doing... Read More
Senior citizens are generally not a large marketing segment for... Read More
Being a small or home-based business owner can be loads... Read More
Unfortunately for all buyers, each selling organization and their individual... Read More
Here are some useful tips on how to select a... Read More
Most new small businesses won't be in business this time... Read More
Since you own a business you probably have liability insurance... Read More
One of the first things you will need to set... Read More
Cleaning concrete is tough and there is an easy way... Read More
Database Problems in MarketingI have been working on a direct... Read More
Administrative and clerical tasks are the bane of every industry.... Read More
If you plan to do business online, then your website... Read More
You know your prospects need what you sell. You know... Read More
What unspoken message are you sending your clients and customers?... Read More
So what exactly is a "Small Business Lone Ranger?" A... Read More
You've heard marketing and advertising gurus quip, "Sell the sizzle,... Read More
When starting a business, you have to determine the method... Read More
Everyday more web based companies enter the business scene. The... Read More
Sacred cows take a long time to die. We get... Read More
That sizzling sound you're hearing may be a symptom of... Read More
Increase your profit potential by identifying ? and avoiding ?... Read More
-- The One Pager Shortcut Series --People do business with... Read More
Whether you are an Entrepreneur or Business Professional there are... Read More
If you ask most small business owners what priority CRM... Read More
Have you been searching for the perfect home-based business? I... Read More
One way to determine your companies mission statement is based... Read More
Do you spend every waking minute in your business? Do... Read More
A janitorial cleaning service is one of the best businesses... Read More
There are many choices when thinking about a small business... Read More
Manufactured and Mobile Home owners know that the weather this... Read More
Last year, trillions of dollars transferred hands on the internet... Read More
If you want to start a business in 2005, and... Read More
Everyone is talking about small businesses. In 1993, when it... Read More
Most folks in the pressure washing business are happier to... Read More
Think of your business as a living, breathing, organism. It... Read More
Many physical therapists in private practice have the appearance of... Read More
Many investors and business ethics professionals are calling for more... Read More
In the 2003 Auto Laundry News Survey it was determined... Read More
In a world full of complications sometimes we overlook the... Read More
Q: I will be retiring this year at age 60... Read More
Work smarter, not harderWhat is one of the best ways... Read More
When working from home, it is usual to find that... Read More
Owning a business is a challenging endeavor. If you're like... Read More
Great question!Freeing your time is an indisputably key element in... Read More
All cities have a purchasing office and/or a procurement officer.... Read More
And is having a logo really that important?My answer to... Read More
Would you rather have one good client paying you five... Read More
Here are some of the questions that you need to... Read More
Rule 15C211Under SEC Rule 15C211, a U.S. securities broker or... Read More
Many small businesses do quite well due to the blood,... Read More
The American system of business management has been admired and... Read More
One of the major complaints in the QSR Quick Service-Fast... Read More
It appears the mini-blimp indoor theme and concept is making... Read More
Most new small businesses won't be in business this time... Read More
Small Business |