(Add to Favorites | View All Articles | Resource Directory)
|
|
|
The Number of Pages in the UFOC in Franchising is Still Growing Today
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
MORE RESOURCES: News provided by Yahoo! News and Google News Small biz acquisition as a tech talent raid strategy - ITBusiness.ca (blog) New Wells Fargo Survey: Small Business Owners Expect Increased Revenues, More Hiring for 2012 Small business lending fund will profit taxpayers - Treasury Small Business Hiring Intentions Best Since January 2008 Small biz loan demand up, Federal Reserve says - CNNMoney SBA 504 Loans Hit Record Low Interest Rate for February This Week in Small Business: Jobs! Oh baby! Small biz scores huge Angry Birds deal - CNN |
|
|
|
RELATED ARTICLES
Boat Hull Cleaning Procedures for Owners and Detailers For really tough boat hull cleaning you will need to break out the acid. Muratic acid is the best for this. Franchising 101- What You Absolutely Need to Know Franchising has made the world look really small. The well known flavors are now not just restricted to a single town or city but can be enjoyed world wide. Auto Detailers and Competitive Aspects of Automobile Detailing There are both fixed and mobile detailers. Consumers often will use either or both during the life of their car. Lawyers Everywhere Telling Regulators What Laws to Make The Federal Trade Commission decided to sit down and revamp the franchise rule of the 1970's. They started to do it in 1995 and postponed it then had some comments collected in 1997 and then in 1999. 6 of 1, Half Dozen of the Other Motivational author and speaker Jim Rohn says that for a business to succeed it takes about ahalf dozen things. Of all the millions of things you do, it's really that half dozen that count. Leveraging Business Relationships for more Profits When should you leverage the relationship?Leveraging sometimes brings a negative connotation to the mix. It does not have to be that way. Taking Stock Back when I owned an inventory-based business, one of my better customers had a clever barb in his repertoire. If we were out of anything he needed in his order, he would say "You know, this would be a great place to open a supply house. Get public relations working for your small business It's obvious when a small business has accepted the fact that its most important outside audiences need lots of care and feeding. They do something about it. How to Profit from a Concrete Roof Tile Business Concrete Roof Tile Business: During the 2004 summer season, storms plagued the United States. Damages from the Hurricanes in Florida alone sent resources in the southern states scrambling. 1 Overlooked Key to Small Business Success Is this you?You dreamed of owning your own business, doing what you love and enjoying unlimited earning potential. You researched. Creating a Power Plan Part of the power plan is making sure you have all the necessary contact information within a company. It is one thing to have the CEO's information, as he is the decision-maker, but it is quite another to have the information on others that you may be working with directly. Creative Marketing Tips: Simple Things You Can Use In Your Business To Attract More Clients The single most important activity you can do in your small business is create a unique marketing strategy and plan. When was the last time you saw a company marketing themselves in an outrageous way? In this day and age it looks like everyone has read the same book on marketing - and sorry to say - that book doesn't work!What does work - is a little creativity, a little personality and a lot of effort to make yourself so different from your competition - that there is no real competition. Designing a Franchise Training Program If you intend to franchise your company you will need to design a bullet proof training company for your new franchisees. This is above and beyond the training program you will design for them to administer to their new employees. The Key to Small Business Growth? Buyer Alignment Unfortunately for all buyers, each selling organization and their individual sales professionals are unique and often require immense amounts of energy to build a relationship with. This keeps buyers guessing, which in turn keeps the sales organization guessing. Keeping Business Alive Who is responsible for maintaining the business relationship?Nurturing a business relationship will take effort on your part and effort on the part of the other person. If you feel the business is worth having, then you must take the time to make sure you are in touch on a regular basis. Small Business Failures in America - Cash Flow Issues We are noticing an increase in the length of time it takes Large corporations to pay on their invoices to our team. Fortune 500s are tending to pay their vendors more slowly, which will hurt the already strapped small businesses in America. Things to think about before joining a Professional Association I'll be the first to admit that I went a little nuts when I moved I moved recently in terms of going all-out to participate in a variety of professional associations. I had some experience with most of the groups that I visited in other places I had lived, or had clients who had positive experiences with certain groups. Small Business and Over Regulation Over regulation of small business is so intense it is getting hard to make a buck.For my example of the type of over regulation in small business, which turns the American Dream into an American Nightmare, I will use a simple business like a car wash. 7 Advantages to Incorporating There's no question that hard work and a little luck is what it takes to BE successful. But a little knowledge, especially when it comes to setting up your business, will help you STAY successful. Six Sigma for Small Business It is not surprising that some people may perceive Six Sigma as being only for large corporations. Major corporations such as Allied Signal, Black & Decker, Dow Chemical, Dupont, Federal Express, General Electric, Johnson and Johnson, Kodak, Motorola, Sony, and Toshiba have all rolled out Six Sigma efforts and achieved outstanding results.
|
| Home | Site Map | Privacy Statement | More Articles |
| © 2006 |