Home
>
Small Business
>
Cost Effective Franchise Regulations, Come again

Cost Effective Franchise Regulations, Come again

The Franchise Group at the Federal Trade Commission in all their ego and glory has proclaimed that franchise disclosure laws are "Cost Effective." I hate to break it to the FTC, but your comments and court are completely naked. The folks at the FTC are wearing no clothes. In a recent franchise report put out by the commission they actually had the tenacity to say that these rules and regulations in the franchise law are cost effective.

What on God's Earth are they talking about? How can the FTC purport that as truth? That is a farce indeed. For instance the printing costs alone do not show anything in the way of cost-effectiveness. Printing costs are the real costs after the preparation costs of 25-35k, not including the registration costs and on-going changes which are made every time another brilliant judge in some Kangaroo Court wants to make a statement triggering additional case law and therefore new clauses in the franchisor's UFOCs. The whole thing is just a complete joke really. Yet no one says anything, because if you complain about it, you are "Unprofessional" instead franchisors are to simply accept this and pardon the figure of speech "bend over and take it like a man" from the parasites of the regulators and the terrorists, extortionists lawyers. (CYA- this is personal opinion, using common phrases and figures of speech, well know in the entrepreneurial sector; those noble innovators who provide and build everything you see, every where you go, anywhere you live and everything you buy).

The cost alone to print UFOCs is not cost effective. What is the real cost. I'll throw out the number $4.65 to print a UFOC, and most franchisors do not print just one at a time, we print 50 or so at time, some franchisors print 250 ? 500 at a time due to the number of potential inquiries. These are 1998 costs, generally UFOCs have gotten bigger since then as lawyers have further put a strangle hold on the industry and without some tort-reform; they will just get bigger and bigger. I imagine they will continue to bulge at the seams as we add more pages due to this Federal Trade Commission future ruling.

Many UFOCs never get used because there is always new case law showing up on the ABA Forum on franchising and so we are constantly modifying them. It makes it hard to lead a franchise company when all the agreements are somewhat different to CYA yourself from the changes caused by litigation in the private sector, apparently franchising has joined the ranks of mold, ADA law, employment law, sexual harassment, wrongful death as a good way to make easy money for lawyers? Think about it, spilt hot coffee, the hamburgers made me too fat, forgot to disclose or mention your dog's name when you were five years old and suddenly and magically a lawsuit. We made 22 changes in the 2002 UFOC for the state of CA for renewal. We had about 10 left over, which became invalid and were be tossed out as the new redlined copy becomes the latest CA version. So really we had $46.50 in throw-aways, and that is just CA, one state. Remember we have 12 viable registration states. So multiply that times twelve and a yearly occurrence. And large franchisors are probably stuck with 10 times that number. Especially those who print 50 or more copies and deliver them to master franchises, who are told to throw them all out and start over every time some new case law shows up or a state registration renewal comes due. Cal-if-forn-ia is not the only registration state, just the most ridiculous one, you would swear that the Liberal crowd in Boston, Merry Land and NY are trying to become close runners up by the proposed franchise legislation and the insanity of their registration requirements. Someone really needs to talk to those folks about what capitalism is, how it works and what is meant by free markets. Any and all UFOCs, which were printed as of this date will most likely be thrown out due to law and rule changes, case law and future possible rule changes here at the Federal Trade Commission. I have talked with some larger franchisors, who claim a $500,000 per year budget in printing. Yah sure, like that is somehow "Cost-effective?" Of course the way government throws around and wastes money, apparently they believe money grows on trees just like the ones that are cut down to print all this over disclosure. May I ask what happened to the Paper Work Reduction Act? The idea behind it is to streamline, not pass on the problem to the private sector.

Yah, what a joke and we pass this off as responsible government, its time to bring Ronald Reagan's ass back down from Heaven and cut out the fat. Cost effective indeed and what on Earth would government know about being cost effective, give me a break. Think about it and thanks for listening.

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs

Wood Dale Chicago prom limo .. Lockport Chicago limo O’Hare

In The News:

Fueled by artificial intelligence, CyberDog the robotic dog is designed specifically locate fire ant nests, which are endangering ecosystems.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents

Internet browsers are useful, but they can be dangerous. Clicking on malicious links can direct you to dangerous websites that steal information or infect your device.

Apple's latest iOS update introduces advanced artificial intelligence capabilities, which may be capturing and analyzing sensitive information.

Breach site confirmed 56,904,909 Hot Topic users' data leaked online. Tech expert Kurt “CyberGuy" Knutsson says the company's silence makes matters even worse.

Tech expert Kurt “CyberGuy" Knutsson discusses how an innovative Easy-Way kit turns standard strollers electric, simplifying navigation for parents.

Tech expert Kurt “CyberGuy" Knutsson talks about T-Mobile being hacked in broad cyberattack on global phone and internet companies.

Tech expert Kurt “CyberGuy" Knutsson shows you how to add, customize and manage widgets for quick access to apps and info from your iPhone home screen.

Wrong Google searches can not only compromise your device and personal data. They can also bring law enforcement to your doorstep. Hackers are targeting Google searches.

China's Shanghai Kepler Robotics has developed a new humanoid robot that can carry up to 35 pounds per hand for commercial applications across various industries

Checking your hearing has gotten easier with the new hearing test feature in AirPods Pro 2. You can take reliable hearing tests using your iPhone or iPad.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Kurt "CyberGuy" Knutsson explains how a VPN — virtual private network — works and how running it can slow down the operation of your device.

The WalkON Suit F1, an exoskeleton developed to help people with disabilities, can actually walk over to a person in a wheelchair, solving a major problem.

ClickFix, a new scam targeting computer users, is on the rise in the U.S. The scam prompts its targets to click on a link to fix a problem.

Skydweller is the world's largest unmanned solar-powered aircraft that can stay airborne for weeks, and even months, without refueling.

The U.S. government said it is investigating after People's Republic of China hackers targeted commercial telecommunications service providers in the U.S.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Scammers are using increasingly sophisticated ways to lure unsuspecting victims, and some are impersonating an email help desk or support team.

You can unsend or edit your iMessages with the latest iOS updates. Kurt the CyberGuy explains how you can save yourself some potential embarrassment.

Kurt “CyberGuy" Knutsson says there’s been a rise in cybercriminal services using hacked police and government emails to send subpoenas and data requests to U.S. companies.

Kurt “CyberGuy" Knutsson discusses how Axiom Space and luxury designer Prada are collaborating on NASA's Artemis III spacesuit design.

Voice assistants may cause confusion across devices. Tech expert Kurt “CyberGuy" Knutsson offers some solutions to fix it.

Shameless scammers trick veterans into giving personal info or cash. Tech expert Kurt “CyberGuy" Knutsson explores five common scams.

Cost Effective Franchise Regulations, Come again

Small Business