It is amazing how the Federal Trade Commission has destroyed franchising, by selling the industry out to lawyers. We need to have accountability for the regulators and we can start by firing the head of the Franchising Group at the Federal Trade Commission and anyone who has worked in that department in the last 6-10 years. Let me give you an example of what the Federal Trade Commission's Franchising Group's policies have made a mockery out of the purest of business models; Franchising.
A Judge ruled that the Krispy Kreme franchisor partly contributed to the underperforming franchisees. Many of which are close to bankruptcy, of course it wasn't the diet craze of South Beach or Atkins, no, it was the franchisors fault? But the franchisor had problems as it expanded to fast and the market changed, which is a normal business risk? Without risk there is no free enterprise. The judge further ordered the franchisor to continue to ship product to the franchisees, even when the franchisee was not able to pay for the goods? What kind of crap is this?
It gets worse, but how can this be? Well check this out: The lawyers representing the franchisee are cousins of the lawyers representing the franchisees. Interesting? Indeed. Now, then how do you suppose that happened?
"Hey, cous; I have a plan. You see we. . . whisper, whisper, whisper and then we both make money and who cares who wins the suit, we make lots of money in fees?"
Isn't it sickening the lawyers are ruining franchising in this way? Why is this happening? It is happening due to the incompetence of the Federal Trade Commission in my opinion. As one man turns over an industry to lawyers, an industry that accounts for one-third of every consumer dollar spent in our nation and represents 450,000 outlets and an estimate 15 million jobs? Isn't that just great. You have heard my opinion, what do you think?
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs
recurring cleaning service Mundelein ..The head of the Club of Rome has said that... Read More
Rufus King: (Said to be the fifth most important person... Read More
Thomas Jefferson wrote a letter to Lafayette in 1823 that... Read More
I heard on the news this week how America continues... Read More
The problem of poverty in America comes as a surprise.... Read More
Why did FDR say Benjamin Franklin, Thomas Jefferson and Count... Read More
Let's make one thing clear: This Dan Nelson Automotive fiasco... Read More
Excess capacity occurs in many industries, such as power, electricity,... Read More
Absolute power corrupts absolutely. Men desire power. Give power to... Read More
Today we have a new franchise report from the Federal... Read More
The clause (c) of Electronic Crime Act 2004 has been... Read More
As the Baby Boomer Generation continue to get older, one... Read More
The European Court of Justice ("ECJ") ruled in Praktiker Bau-... Read More
For anyone who wishes to become an armchair General in... Read More
Incompetence is all too obvious at the trade shows of... Read More
China maybe stopping some of the SPAM coming into the... Read More
In these times when states are suffering extreme downward pressure... Read More
I, too, am saddened by the disaster in New Orleans... Read More
Previously Senator Dick Armey and his staff in 2000 to... Read More
What has really changed in the housing market with regards... Read More
Maybe some of the people complaining ought to go to... Read More
Many Americans have children, fathers, mothers, grandparents, other family members... Read More
Originally published in 1958, "The Ugly American" (Lederer & Burdick)... Read More
The FBI recently before Congress stated that Eco-Terrorism was on... Read More
(Note: This article was written slightly before the 2004 election;... Read More
tidy up service Buffalo Grove ..We see today a fierce unspoken competition between trucks and... Read More
WE MUST PUT A STOP TO THE EVER-INCREASING PRICE OF... Read More
Here are some miscellaneous thoughts on issues many of which... Read More
The No Child Left Behind can work if the Federal... Read More
China maybe stopping some of the SPAM coming into the... Read More
Rufus King: (Said to be the fifth most important person... Read More
If a farmer plants the same crop three seasons in... Read More
There is no doubt in hindsight that Sarbanes Oxley was... Read More
IN A DAY AND AGE where one voice screaming among... Read More
With the recent threats from Bin Laden and Al Queda... Read More
Many are quick to point out the benefits of religion... Read More
In this day and age of tattletale, whistleblower heroes and... Read More
Regarding the issues with the Space Shuttle and the in... Read More
The United States and other first world nations have been... Read More
Is the Federal Trade Commission really stopping SPAM? Is the... Read More
Our Hydro-electricity accounts for some 20% of our current needs.... Read More
From the National Association of Realtors' Virtual Office Website policy,... Read More
The entry by telephone and cable companies into the Internet... Read More
Due to the bizarre weather patterns this winter California got... Read More
Societies have always had a problem of what to do... Read More
In the last two weeks, two non-senior US officials indirectly... Read More
OH MAN!Here we go again. I guess now the "proof... Read More
Veterans Affairs Employees using government credit cards on personal items?... Read More
Telemarketing and DO NOT CALL lists sure made headlines, but... Read More
They do not allow the criticism of the president in... Read More
Political |