Why are we over regulating the franchising industry? What are we doing to an industry which has given so much to America? Is the Federal Trade Commission Franchising Division; inept? They keep making rules and the over disclosure has the average UFOC ? Uniform Franchise Offering Circular at over 200 pages? This is insanity; not to mention a waste of paper.
No one in the Federal Trade Commission Franchising Division should be allowed to make rules unless they themselves have worked in an actual franchisor sales office, completed the International Franchisor Associations 'Certified Franchise Executive Course' and owned an actual franchised outlet. As far as fraud goes, yes, I see it every day, I see it in lies on franchise applications from consumers, extortion from franchise lawyers who have mangled the intent of franchise law and in the end users and consumer that buy services and products as they try to return merchandise they did not buy, steal credit card numbers and trash can receipts, try to use last months coupon or punch extra holes in their buy 10 get on free frequent shopper cards. And we all see fraud in SPAM, I am getting on average 1633 per day, worth of Viagra, Nigerian Scams, Fake Rolex Watches, Phishing Expeditions, etc. There is your fraud, go get em' my SPAM is increasing faster than a Delta IV Rocket. But on the franchisor side of things, there is no fraud to speak of, those franchisors who do will fail as the franchisees will destroy their good will from negative word of mouth and lawsuits.
Who exactly is going to pay for these extra costs of additional disclosure? Is the Federal Trade Commission going to pay? No, it will be the consumer who pays as all costs are passed onto them. After all, every single dollar my company, The Car Wash Guys, spend, is a dollar we cannot use helping our franchisees (the consumers) who in turn pass on those costs to the end user again another one of FTC's consumers. Is the Federal Trade Commission really trying to help consumers or are they simply trying to prove their worth as an tiny little agency with teeth. "The mighty Federal Trade Commission," is that it. The Federal Trade Commission "We will show you whose Boss" attitude.
Sounds great only one problem, that goes against everything this country stands for and it is the same attitude that the international terrorists had. They attacked NYC because it was the business and money capital of our great nation. The Federal Trade Commission is attacking the fiber of American business, the American Dream and Capitalism itself, because that is exactly what franchising is and the model it embodies. This is not a Socialist Country, I know that hurts you people at the Federal Trade Commission. A book of reference of this fact is "The Government Side of Business" By Smoot. It should be required reading by all those who work at the Federal Trade Commission in every department, for those who truly wish to make a difference, you should know what your regulations do to the over all real world economy. You want to change the world for the better, do not impede, help the model succeed. Let's all live in reality shall we? Think about it.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs
Granger wedding limousine ..Osama bin Laden probably needs to get a pay raise,... Read More
Most politicians are completely out to lunch and totally Machiavellian... Read More
Recently in Professional Builder a cover article discussed how the... Read More
IT'S NO LONGER NEWS THAT CHINA IS BECOMING A MAJOR... Read More
We should all give much kudos to the Federal Trade... Read More
Perhaps we should have printers with ink which has metallic... Read More
Why did the California energy crisis happen? Who is to... Read More
What has really changed in the housing market with regards... Read More
Our government is set up like a modern day franchise.... Read More
Environmentalists say GM Seeds are bad for the environment, dangerous... Read More
For years I have been amazed as I've listened to... Read More
Last year a Maryland State Legislator whom I presume never... Read More
You say, you want to help the Palestinians, but most... Read More
Even the most devout proponents of free marketry and hidden... Read More
The plight of whistleblowers ? those employees who sound the... Read More
UK Water RatesYOU CANNOT BE DISCONNECTED FOR WATER RATES DEBTSWater... Read More
US Steel prices have cost franchisees in my company and... Read More
Continued thoughts while driving down the road in a huge... Read More
Each day the present geo-political reality confirms what The Tribulation... Read More
The Sarbanes-Oxley Act Was created on July 30th 2002, by... Read More
Amnesty International comments on the proposal that has been laid... Read More
What depth of blind insanity has inflicted itself upon Israel's... Read More
Earlier this month, I heard President George W. Bush and... Read More
When we go through periods of droughts we also have... Read More
Introduction:Although politicians and so-called "Intelligence Experts" are the ones appearing... Read More
Chicago charter limousine service Beardstown ..The plight of whistleblowers ? those employees who sound the... Read More
The No Child Left Behind can work if the Federal... Read More
Currently when we transport troops we use large cargo planes... Read More
"When you are right you cannot be too radical; when... Read More
The Justice Department is at it again; promoting themselves in... Read More
A Governmental commission, headed personally by the Prime Minister has... Read More
I read an interesting article in foreign Affairs magazine last... Read More
With new environmental technologies and modern efficiency methods in mining... Read More
PolicyFederal Fair Housing accessibility requirements for new multifamily buildings should... Read More
Do you find it interesting that people complain about the... Read More
There is a lot of debate about who made the... Read More
J. Edgar Hoover and LBJ used to enjoy watching Hoover's... Read More
Land Mines have been one of the most evil left... Read More
After arranging the Armistice that ended or settled outstanding issues... Read More
Regarding the issues with the Space Shuttle and the in... Read More
We have read about the unemployment rate being high. Really... Read More
Many people make a lot of money in war. In... Read More
Legislation was introduced into Congress this week that would establish... Read More
Quit paying the DEA to chase marijuana. We could save... Read More
There is debate about the methodology of forestry and also... Read More
Those of us hundreds of miles from ground zero sat... Read More
We are currently seeing a build up in China of... Read More
In the last Gulf War we saw thousands of enemy... Read More
The furore in the BJP camp in India, triggered by... Read More
I applaud Monsanto for their R and D. I would... Read More
Political |