FTC Adding to the Franchise Rule
Last summer the FTC put forth a report and then asked for comments on modifications of the franchise rule. There has been no real significant changes since the 1970's, but lots of opinions and case law along the way. All these complications of rules and the rules proposed today by the Federal Trade Commission do not help franchisors remain efficient or franchisees sell more pizza, hamburgers or donuts.
Franchising is not about laws as much as delivering goods and services to people in an expeditious and efficient manner. Franchisors need to concentrate on markets and the Federal Trade Commission on trends and keeping markets free, free from barriers to entry, free from abuse of power and help maintain free flow to such markets. The FTC is not the FBC Federal Bureaucracy Creator. If the Federal Trade Commission is going to referee, that is fine and will continue to serve our nation as it was intended, but changing the rules half way through the franchise game is hurting the industry not helping it.
No harm has occurred, so no fouls are needed, franchising has the lowest fraud statistic rate of any industry, so low in fact that they have to create fraud and label honest franchisors fraudulent to maintain self worth of that department of the agency. The Federal Trade Commission enforcement division is simply not needed on the field running up and down the courts blowing whistles on every play. Now we have private attorneys sitting on the sidelines hooking athletes as they run for touch-downs in new evolving plays in industries never franchised before. Like a DC Sniper shooting at an executive on his way to work or like the unruly fans spitting in the face of Lance Armstrong as he nears the finish line, screaming; "Don't come back next year, give someone else a chance to win!" Free markets must remain competitive to serve the common good of the citizen, country, economy, consumer and in this case the franchise community.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs
|
|
|
|
|
|
|
|
Create a Win Win for Your Small Business
Discover How Specialized Cost Containment Creates A New Win-Win Position... Read More
Direct Mail - For Small Businesses
We hear a lot of talk about junk mail nowadays.... Read More
Doing Business With Friends: Five Tips for Preserving the Friendship... and Your Sanity!
My colleague, Jane, recently lamented to me an all too... Read More
Shocking Experienced Copywriter Reveals Little-known Secrets To Closing BIG Ticket Deals!
Hogwash!That's what I say to people who tell me that... Read More
Money Series 1: Who Takes Your Money
Your business is making profits, but where is the cash?... Read More
How to Sponsor an Event for Fun and PROFIT
How do you sponsor an event and get personal introductions... Read More
Firing Underperforming Employees in Your Small Business
Here are a few tips on how to hand out... Read More
Entrepreneurs Ask: What Can a Virtual Assistant Do For Me?
Great question!Freeing your time is an indisputably key element in... Read More
Expanding your business.
Are you a small business owner who wants to expand... Read More
10 Cardinal Rules for Business Growth
After over 30 years of participating in hundreds of businesses,... Read More
Small Business No How - Dont Give Away the Farm
You're pretty proud of yourself! After all, only four months... Read More
Community Relations Strategy for Small Business
Does your company have a community relation strategy? Have you... Read More
Top Ten Tips for Leveraging Conferences for Big SUCCESS!
As I am preparing for my attendance to the CoachVille's... Read More
Small Business Credit Card Advantages
Obtaining a business credit card enables the small business owner... Read More
Five Break-through Ideas to Immediately Increase Profits and Improve Cash Flow
Too often in business we get trapped into reviewing our... Read More
Restaurant Operators - What Skills do you Need
A tongue-in-cheek look at the skills required to operate a... Read More
Using Holidays to Put Some Extra Cheer in Your Cash Box
No matter your age or station in life, we all... Read More
Todays Chef, Tomorrows Restaurateur -- Startup Tips by Restaurant Consultants Inc
Researching information for a recent business plan, I came across... Read More
How the Crab Effect Obstructs Growth and How to Conquer It
Some of the greatest words of wisdom for any man... Read More
Successfully Adding a Service To Your Business
There will come a time in your business where you... Read More
SBAs 8(a) Program Can Help Some Companies Compete
Q: A friend told me that as a woman of... Read More
Franchise Rule to be Revised; Why?
The FTC, Federal Trade Commission, is considering modifying the franchise... Read More
Explode Your Consulting Income
Here are just a few ways to increase and diversify... Read More
Franchising 101- What You Absolutely Need to Know
Franchising has made the world look really small. The well... Read More
Reverse Merger: Have They Taken the Reverse out of Reverse Merger?
Are the promoters and consultants destroying the market for Reverse... Read More
Collection Agency Selection
Frankly, given the legal and regulatory requirements involved in attempting... Read More
9 Things You Must Do To Maximize Your Chances Of Obtaining A Small Business Loan
To get approval for your small business loan application, you... Read More
Small Business Health Check-Up
If your home business is not performing the way you... Read More
Why Do Most Online Small Businesses Fail?
Search Engines account for almost 90% of all web traffic!In... Read More
Retail Customer Opportunities for Pressure Washing Companies
Pressure washing companies must look for customers in the retail... Read More
Setting Prices - Pricing Your Consulting Services
THE PSYCHOLOGY OF PRICINGIn case you hadn't noticed, people can... Read More
Employee Relations Manual Sample Outline
Most smart entrepreneurs and all large corporations have Employee Relations... Read More
7 Tips To Improve Your Cash Flow
Cash is King?That is what everyone tells us and it... Read More
A Business Plan Is Not Worth A Cracker To A Struggling Business - A Plans The Last Thing It Needs
Before you start a business we encourage you to prepare... Read More
6 of 1, Half Dozen of the Other
Motivational author and speaker Jim Rohn says that for a... Read More
Excuses Franchisees Make; When They Violate Exclusive Territory Agreements
One of the biggest excuses franchisees of home based and... Read More
Keep TRACK of your Business Relationships and Gain Profits
How do you know when an alliance needs to be... Read More
Do You Need Accounting Software for Your Small Business?
If you're anything like me then you dislike with a... Read More
A Look at Small Business Incorporating in Florida
The choice to incorporate a small business in Florida has... Read More
Cleaning Service Stations with a Pressure Washer
Fuel prices these days are quite high and they take... Read More
How Most Business Owners Sabotage Their Success
Owning a business is a challenging endeavor. If you're like... Read More
Financial Fundamentals - What Every Small Business Owner Should Know!
Business owners rarely go into business to deal with the... Read More
Sample; Territory Reduction Policy for a Franchise Company
I propose this thought on the subject of Franchisee territory... Read More
Leverage The Power of Publicity For Your Small Business
Your business is only as good as the number of... Read More
But Weve Always Done It This Way
Sacred cows take a long time to die. We get... Read More
Boat Cleaning Business Case Study: Entrepreneurship 101
How do marine type businesses start? Have you ever thought... Read More
Build Your Small Business by Building Relationships
-- The One Pager Shortcut Series --People do business with... Read More
Employee Email and Internet Use - A Small Business Guide
IntroductionIt is widely recognised that Email and the Internet is... Read More
Facts About Starting Elderly Group Home Businesses
There's been a recent rise in the number of elderly... Read More
Small Business - Is The Accounting Profession Ripping Them Off?
My 16 year-old daughter said, "Gee Dad! You look just... Read More
Keeping your Business Alive
As long as you eat and breathe you will stay... Read More
Is Your Small Business Name Important?
You bet a name is important. Many small business owners... Read More
Boston Suburban areas a good choice to run a business
BioTechs even with the latest news had shed over 1000... Read More
Get Out Of The Rut And Back On the Track
Do you sometimes find yourself just going "through the motions"... Read More
Predicting Business Retirement Satisfaction for Business Owners
Most business owners do not think of selling their companies... Read More
4 Areas Where Your Business is Losing Money
In my 18 years of consulting I have heard it... Read More
Looking for a Business to Run in the New Revitalized Downtown Area?
Looking for a place to add a Quick Lube away... Read More
How to Promote Yourself to Small Business Riches
You've heard it before; we're living in an information age.... Read More
Internships: Good for Everyone
Many job applicants want a job but often do not... Read More
Online Search: Small Businesses Level The Playing Field
Seventy percent of US households use the web when shopping... Read More
Creating a Paperless Office
When working from home, it is usual to find that... Read More
1 Overlooked Key to Small Business Success
Is this you?You dreamed of owning your own business, doing... Read More
Pressure Washing Companies; Pricing Dock and Deck Cleaning
If you own a Pressure Washing Company and wish to... Read More
Collect that Debt - Your Business Depends on it
The efficiency of debt collection is the difference between a... Read More
Yeah, It IS Lonely At the Top
Sometimes when you run a business you feel as lonely... Read More
What Help is there for Veterans Starting a Business?
Some of the very qualities that attract people to the... Read More
Small Business |