Attorneys and Lawyers are ruining the franchise industry. It is too bad too, because franchising represents over 400,000 businesses in our country and accounts for just over one-third of every consumer dollar spent in this country. By over regulating and over lawyering the industry we are weakening our free markets and suffocating our up and coming entrepreneurs.
I remember standing with a group in Las Vegas at the annual IFA meeting at the MGM, where everyone was gathered around Mr. Rosenberg and the attorneys were making comments apropos to franchise law, Bob, just rolled his eyes and threw up his arms in gest; "Oh you guys?" he said, meaning, all these laws and rules have nothing to do with successful franchisees or running a franchise company. He did not do it by laws and rules, he did it by caring, working hard and not giving up. Franchising is a win-win situation. Could he have done what he did then, today?
The reason I ask is that Krispy Kremes, with a never ending supply of capitalization just got creamed themselves recently and now the lawsuits will fly as the dough hits the ceilings, Atkins diets will take hold and people will have less fillings. KKD's CFO leaves the company, insiders tied up in class action lawsuits, what next? Well Krispy Kreme will have parties for Washington DC insiders to slow possibility of any regulatory actions. It's all a game now, so I ask could Duncan Donuts do the same thing today with all this over regulation? Do not be so quick to answer yes, think on it a bit. Think of all the unnecessary disclosure, laws, lawsuits and market forces? If you are an optimist the answer is maybe. If you are a realist, the answer is most likely not. Think about it. Is the Federal Trade Commission willing to get on the same page with reality?
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs
Batchtown Chicago prom limo .. Lockport Chicago limo O’HareStarting and growing a small business can be a daunting... Read More
Mr/Ms, 'not me' is often on holidays in your business.... Read More
A cherished business doctrine is that growth must be a... Read More
Where would a business be without a business plan? A... Read More
It is most fascinating to study how entrepreneurs spot opportunity... Read More
This year, some 700,000 American businesses will be sold. Most... Read More
Aside from the fear of losing a spreadsheet or research... Read More
What is the Big Race all about when it comes... Read More
One of the simplest ways to expand your marketing efforts... Read More
What is a guru?A guru is a teacher. A mentor.... Read More
Many small business startups fail within the first 2 years... Read More
When we speak of branding most of the time people... Read More
How many hours do you work a week? When was... Read More
Some of the very qualities that attract people to the... Read More
Should you buy a business opportunity or Franchise if you... Read More
You've heard marketing and advertising gurus quip, "Sell the sizzle,... Read More
We all know that a building has to have a... Read More
"If at first you don't succeed, then skydiving definitely isn't... Read More
One of the biggest fears people have about starting a... Read More
Send handwritten notes. That applies whether you're a guy or... Read More
Setting priorities in your business? Your first job is to... Read More
Anyone in business today realizes both the natural dependency on... Read More
How many "get rich schemes" have you joined? Or have... Read More
Many mobile pressure-washing companies turn to government contacts to make... Read More
Self-cleaning glass has been talked about a lot, with such... Read More
shuttle from Midway Munster are ..Ongoing support for a franchise system is omnipotent. A major... Read More
I have to admit, I was curious. When I saw... Read More
Should you buy a business opportunity or Franchise if you... Read More
Most small businesses simply go about their daily business and... Read More
One of the most common issues that comes up for... Read More
Business owners rarely go into business to deal with the... Read More
As a teenager I worked for my father's small business.... Read More
As a specialist in getting restaurants open, it is surprising... Read More
Did you ever have one of those days or weeks... Read More
Motivational author and speaker Jim Rohn says that for a... Read More
Doesn't it frustrate you when you've given good service, sometimes... Read More
Mobile carwashing is hard work, it is tough on the... Read More
If you're just ramping up your small business email newsletter,... Read More
"The way to develop self-confidence is to do the thing... Read More
As a franchisor I am always asked by new and... Read More
Back when I owned an inventory-based business, one of my... Read More
While there are few career paths that some would call... Read More
There is a continual trend we are seeing which I... Read More
If you run a mobile car wash, mobile fleet washing... Read More
There's been a recent rise in the number of elderly... Read More
Anyone who is serious about washing aircraft as a full... Read More
Every home business has the same problem of how to... Read More
Q: Is the online world the best place to sell... Read More
If you run a pressure washing business it is a... Read More
My 16 year-old daughter said, "Gee Dad! You look just... Read More
Small Business |