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  • Atricle Dump - Earnings Claims from Franchisors

    Success Delusion
    People will do something—including changing their behavior—only if it can be demonstrated that doing so is in their own best interests as defined by their own values.All of us delude ourselves about our achievements, status, and contributions. We overestimate our contribution, and take credit for successes that belong to others. We have an elevated opinion of our skills and our standing among our peers. We ignore our costly failures and exaggerate our impact on net profits.These delusions are a direct result of success, not failure. We get positive reinforcement from our past successes, and we think that they portend great things in our future. This wacky delusional belief instills us with confidence, however unearned it may be. It erases doubt and blinds us to risks and challenges, w
    it difficult for franchisors to know their customers.

    The Federal Trade Commission gives earnings claims, for instance when it filed against our company it promised those who complained that if they filed formal declarations and embellished the story that the Federal Trade Commission would get them all their investment back and a little more to boot. The Federal Trade Commission made that earnings claim then failed to deliver on that promise, perjured itself in the process and then took no responsibility for bad profiling and lying to the declarants or for the declarants lies and refused to prosecute them for lying, yet made sure there was a clause in our settlement that we could not sue them for lying, slander or perjury?

    Wouldn’t it be nice for an agency of the Federal Government to actually do what it is suppose to do, to actually get the job done on time and not botch it? That would be a good day for America, why not start right here at the Federal Trade Commission and reduce these regulations and allow for fluidity of business to accomplish the objectives designed into the system of Capitalism? Why not set an example to the rest of the government agencies, why not start a new trend in government to do something, anything and do it well?

    Strategies That Could Fail In Nevada Corporations
    Many businessmen are attracted to set up their businesses in Nevada for the benefit it offers that may at a glance be definite advantages. Business in Nevada can enjoy the following:- Corporations in Nevada may sell, transfer, hold or purchase shares of its own stock- Directors do not have to be Stockholders- Directors of Corporations in Nevada has the final decision in determining transactions involving issuance stocks for capital, real estate, personal property and services- Minimal Reporting and Disclosure Requirements- No Franchise Tax- No Information Sharing Agreement with the IRS- No Personal Income Tax- No Taxes on Corporate Shares- Stockholders are not Public Record- Stockholders, directors and officers do not have to be
    There has been talk at the Federal Trade Commission of requiring Franchisor’s to give earnings claims in their disclosure documents. The franchise rights groups want it and the consumers need it to help them make a decision. But unfortunately with all the litigation in our nation it is too risky for franchisors. The Federal Trade Commission put forth a report on franchising last summer and has been reviewing the franchise rule in our country. Chances are and most agree in the franchise industry that earnings claims should not be required but should be considered for those franchisors who wish to sell more franchises as it will improve their sales.

    On page 26 of the Franchise Report; the Federal Trade Commission made reference to a potentially gray area of this rule and said they believed that a statement such as:

    “You’ll make so much money you can buy a Porsche!”

    is an earnings claim and maybe it could be considered that. These types of things appear in advertising, brochures and in simple conversation. My question is; Yes, this is in a way an earnings claim, yet are we really interested in regulating normal human interaction? I mean we already have such a sterile world as it is. People are afraid what to say for fear they might get sued? This breaks down communication. Adding to this the FTC wishes to regulate such common conversation? And if a picture is worth a thousand words then what is an advertisement, which has a franchisee next to his house? Did he purchase that exact house through his franchised outlet or was it left to him from his folks or did he buy that house during his many years as an executive at IBM, Lockheed, 3M or Microsoft? You can’t use those pictures either then. Are we sure we wish to get into all this, this is a slippery slope.

    I agree with the commissions comments on the right of the franchisor to determine if they wish to give earnings claims, but also warn the commission that someone can claim that earnings claims were giving, and file a claim even if they were not, the franchisor would have to defend against the claim and also put that in the UFOC such bogus and frivolous litigation, not to mention the cost to defend from the attorneys and may I ask why the burden of proof is always on the franchisor? What happened to presumed innocence? The burden of proof should not be on the franchisor, but rather the accuser. Is Mary K Cosmetics guilty of rallying people in pep rallies that they will soon be able to get a ‘Pink Cadellac’? Investment Advisers often have prospectuses and or brochure combination, they use from Mutual Fund Companies, which are approved by the SEC, which show kids going to college or holding a degree in a cap and gown? Obviously indicating that if you make such an investment you can send your kids to college, yet there is no way to know that in this age of economic uncertainty or in this age of over regulation and terrorism (sometimes the same thing) to guarantee that. Will this effect the trend to have some of the Social Security which may be invested in the private sector open for litigation from the companies who will be offering to invest those funds?

    Show me one ad in Entrepreneur Magazine, which does not indicate some type of financial reward on it with pictures. Is the FTC going to stop all the 500,000 Biz Op Internet Sites from doing the same thing? Is the FTC going to not enforce this on BizOps where fraud is known to exist, yet enforce it on franchises where no fraud exists? It appears that normal human interaction will be muffled and motivational pep talks and coaching will be curtailed, this is horrible, not to mention the ugly ads if all these cool sports cars, yachts and custom homes are taken out. The Magazines will have to put the ads on the back sides of articles instead of the fore side pages and then they will sell less advertising and thus there will be communication loss that way as well, less consumer choice available and higher magazine costs as supply and demand will limit the number of publications (regulation always has a runaway effect).

    So far in this Franchise Rule Making Report we see regulations causing friction in the franchise relationship at the most crucial time of courtship, how on Earth is it to have a long and fruitful marriage. It is difficult to annul a franchise once the business is set up, starting out on the wrong foot is likely to cause more franchise failures and more Britney Spears quickies. This is not good for franchising and the Federal Trade Commission needs to back off of such talk. I have for years told every franchise buyer that;

    “This business is hard work and you can lose all your money,”

    but if you limit the types of phrases one uses in normal conversation, then you are taking away from the “get to know you” phase of learning if the franchise is a good fit for the franchisee and franchisor. For instance do we like each other? Do we want to do business together? And as every other industry has get to “know your customer laws” we are making it difficult for franchisors to know their customers.

    The Federal Trade Commission gives earnings claims, for instance when it filed against our company it promised those who complained that if they filed formal declarations and embellished the story that the Federal Trade Commission would get them all their investment back and a little more to boot. The Federal Trade Commission made that earnings claim then failed to deliver on that promise, perjured itself in the process and then took no responsibility for bad profiling and lying to the declarants or for the declarants lies and refused to prosecute them for lying, yet made sure there was a clause in our settlement that we could not sue them for lying, slander or perjury?

    Wouldn’t it be nice for an agency of the Federal Government to actually do what it is suppose to do, to actually get the job done on time and not botch it? That would be a good day for America, why not start right here at the Federal Trade Commission and reduce these regulations and allow for fluidity of business to accomplish the objectives designed into the system of Capitalism? Why not set an example to the rest of the government agencies, why not start a new trend in government to do something, anything and do it well?

    Women in Business
    The Greatest Day in History…Today is the greatest day in the history of the world! That statement sounds optimistic because it sounds promising and it feels good to say it. That statement is often said in the context of today being the first day of the rest of your life and one is appreciative. Such appreciation should never go unattended, as it is real. However that statement is not a statement at all nor is it optimistic. “Today is the greatest day in the history of the world” is not a proclamation of promise. It’s a declaration of truth. The history of the world has been one of women’s suppression and struggle and though that still continues, today is better than any other day before. Today, women have power unlike never before and the power grows. Power is not something someone
    d? This breaks down communication. Adding to this the FTC wishes to regulate such common conversation? And if a picture is worth a thousand words then what is an advertisement, which has a franchisee next to his house? Did he purchase that exact house through his franchised outlet or was it left to him from his folks or did he buy that house during his many years as an executive at IBM, Lockheed, 3M or Microsoft? You can’t use those pictures either then. Are we sure we wish to get into all this, this is a slippery slope.

    I agree with the commissions comments on the right of the franchisor to determine if they wish to give earnings claims, but also warn the commission that someone can claim that earnings claims were giving, and file a claim even if they were not, the franchisor would have to defend against the claim and also put that in the UFOC such bogus and frivolous litigation, not to mention the cost to defend from the attorneys and may I ask why the burden of proof is always on the franchisor? What happened to presumed innocence? The burden of proof should not be on the franchisor, but rather the accuser. Is Mary K Cosmetics guilty of rallying people in pep rallies that they will soon be able to get a ‘Pink Cadellac’? Investment Advisers often have prospectuses and or brochure combination, they use from Mutual Fund Companies, which are approved by the SEC, which show kids going to college or holding a degree in a cap and gown? Obviously indicating that if you make such an investment you can send your kids to college, yet there is no way to know that in this age of economic uncertainty or in this age of over regulation and terrorism (sometimes the same thing) to guarantee that. Will this effect the trend to have some of the Social Security which may be invested in the private sector open for litigation from the companies who will be offering to invest those funds?

    Show me one ad in Entrepreneur Magazine, which does not indicate some type of financial reward on it with pictures. Is the FTC going to stop all the 500,000 Biz Op Internet Sites from doing the same thing? Is the FTC going to not enforce this on BizOps where fraud is known to exist, yet enforce it on franchises where no fraud exists? It appears that normal human interaction will be muffled and motivational pep talks and coaching will be curtailed, this is horrible, not to mention the ugly ads if all these cool sports cars, yachts and custom homes are taken out. The Magazines will have to put the ads on the back sides of articles instead of the fore side pages and then they will sell less advertising and thus there will be communication loss that way as well, less consumer choice available and higher magazine costs as supply and demand will limit the number of publications (regulation always has a runaway effect).

    So far in this Franchise Rule Making Report we see regulations causing friction in the franchise relationship at the most crucial time of courtship, how on Earth is it to have a long and fruitful marriage. It is difficult to annul a franchise once the business is set up, starting out on the wrong foot is likely to cause more franchise failures and more Britney Spears quickies. This is not good for franchising and the Federal Trade Commission needs to back off of such talk. I have for years told every franchise buyer that;

    “This business is hard work and you can lose all your money,”

    but if you limit the types of phrases one uses in normal conversation, then you are taking away from the “get to know you” phase of learning if the franchise is a good fit for the franchisee and franchisor. For instance do we like each other? Do we want to do business together? And as every other industry has get to “know your customer laws” we are making it difficult for franchisors to know their customers.

    The Federal Trade Commission gives earnings claims, for instance when it filed against our company it promised those who complained that if they filed formal declarations and embellished the story that the Federal Trade Commission would get them all their investment back and a little more to boot. The Federal Trade Commission made that earnings claim then failed to deliver on that promise, perjured itself in the process and then took no responsibility for bad profiling and lying to the declarants or for the declarants lies and refused to prosecute them for lying, yet made sure there was a clause in our settlement that we could not sue them for lying, slander or perjury?

    Wouldn’t it be nice for an agency of the Federal Government to actually do what it is suppose to do, to actually get the job done on time and not botch it? That would be a good day for America, why not start right here at the Federal Trade Commission and reduce these regulations and allow for fluidity of business to accomplish the objectives designed into the system of Capitalism? Why not set an example to the rest of the government agencies, why not start a new trend in government to do something, anything and do it well?

    Business for Pleasure
    We might be in the electronic gaming era, but it’s more like a fun game of Monopoly this business for pleasure of sport franchise ownership. The stakes are high, spending free, and visible worries few.Despite the escalating fees for entry into the game, personal franchise ownership hasn’t been replaced by corporations. Of 121 big league professional sports franchises, only 15 have found their way into corporate hands. Most owners claim to be losing money which would explain takeover shyness of shareholder controlled companies. It’s nicer to think sole owners don’t want to sell because sports ownership is too much fun. A nice break from the normal business routine that brought them their wealth in the first place.What are these businesses worth?Unlike traditional industry, sport
    rs often have prospectuses and or brochure combination, they use from Mutual Fund Companies, which are approved by the SEC, which show kids going to college or holding a degree in a cap and gown? Obviously indicating that if you make such an investment you can send your kids to college, yet there is no way to know that in this age of economic uncertainty or in this age of over regulation and terrorism (sometimes the same thing) to guarantee that. Will this effect the trend to have some of the Social Security which may be invested in the private sector open for litigation from the companies who will be offering to invest those funds?

    Show me one ad in Entrepreneur Magazine, which does not indicate some type of financial reward on it with pictures. Is the FTC going to stop all the 500,000 Biz Op Internet Sites from doing the same thing? Is the FTC going to not enforce this on BizOps where fraud is known to exist, yet enforce it on franchises where no fraud exists? It appears that normal human interaction will be muffled and motivational pep talks and coaching will be curtailed, this is horrible, not to mention the ugly ads if all these cool sports cars, yachts and custom homes are taken out. The Magazines will have to put the ads on the back sides of articles instead of the fore side pages and then they will sell less advertising and thus there will be communication loss that way as well, less consumer choice available and higher magazine costs as supply and demand will limit the number of publications (regulation always has a runaway effect).

    So far in this Franchise Rule Making Report we see regulations causing friction in the franchise relationship at the most crucial time of courtship, how on Earth is it to have a long and fruitful marriage. It is difficult to annul a franchise once the business is set up, starting out on the wrong foot is likely to cause more franchise failures and more Britney Spears quickies. This is not good for franchising and the Federal Trade Commission needs to back off of such talk. I have for years told every franchise buyer that;

    “This business is hard work and you can lose all your money,”

    but if you limit the types of phrases one uses in normal conversation, then you are taking away from the “get to know you” phase of learning if the franchise is a good fit for the franchisee and franchisor. For instance do we like each other? Do we want to do business together? And as every other industry has get to “know your customer laws” we are making it difficult for franchisors to know their customers.

    The Federal Trade Commission gives earnings claims, for instance when it filed against our company it promised those who complained that if they filed formal declarations and embellished the story that the Federal Trade Commission would get them all their investment back and a little more to boot. The Federal Trade Commission made that earnings claim then failed to deliver on that promise, perjured itself in the process and then took no responsibility for bad profiling and lying to the declarants or for the declarants lies and refused to prosecute them for lying, yet made sure there was a clause in our settlement that we could not sue them for lying, slander or perjury?

    Wouldn’t it be nice for an agency of the Federal Government to actually do what it is suppose to do, to actually get the job done on time and not botch it? That would be a good day for America, why not start right here at the Federal Trade Commission and reduce these regulations and allow for fluidity of business to accomplish the objectives designed into the system of Capitalism? Why not set an example to the rest of the government agencies, why not start a new trend in government to do something, anything and do it well?

    7 Cost-Effective Marketing Tips
    Companies often seek cost-effective, high-return marketing strategies. They may be as close as your wallet or the business next door. Below are seven easy to apply strategies for virtually any business.1. Business cardsBusiness cards are often one of the most underutilized tools in marketing. Use the front and back of your business card to gain full benefit. You can put valuable information on the back such as a sports schedule, emergency numbers, or special dates people want to remember.Creatively distribute your card. When you eat out, leave one with the tip. If you borrow a library book, use one as a bookmark. Hand them to clerks in stores who may know other people who could use your product or service.2. Send a pictureA great way to keep your name fresh in a c
    s of articles instead of the fore side pages and then they will sell less advertising and thus there will be communication loss that way as well, less consumer choice available and higher magazine costs as supply and demand will limit the number of publications (regulation always has a runaway effect).

    So far in this Franchise Rule Making Report we see regulations causing friction in the franchise relationship at the most crucial time of courtship, how on Earth is it to have a long and fruitful marriage. It is difficult to annul a franchise once the business is set up, starting out on the wrong foot is likely to cause more franchise failures and more Britney Spears quickies. This is not good for franchising and the Federal Trade Commission needs to back off of such talk. I have for years told every franchise buyer that;

    “This business is hard work and you can lose all your money,”

    but if you limit the types of phrases one uses in normal conversation, then you are taking away from the “get to know you” phase of learning if the franchise is a good fit for the franchisee and franchisor. For instance do we like each other? Do we want to do business together? And as every other industry has get to “know your customer laws” we are making it difficult for franchisors to know their customers.

    The Federal Trade Commission gives earnings claims, for instance when it filed against our company it promised those who complained that if they filed formal declarations and embellished the story that the Federal Trade Commission would get them all their investment back and a little more to boot. The Federal Trade Commission made that earnings claim then failed to deliver on that promise, perjured itself in the process and then took no responsibility for bad profiling and lying to the declarants or for the declarants lies and refused to prosecute them for lying, yet made sure there was a clause in our settlement that we could not sue them for lying, slander or perjury?

    Wouldn’t it be nice for an agency of the Federal Government to actually do what it is suppose to do, to actually get the job done on time and not botch it? That would be a good day for America, why not start right here at the Federal Trade Commission and reduce these regulations and allow for fluidity of business to accomplish the objectives designed into the system of Capitalism? Why not set an example to the rest of the government agencies, why not start a new trend in government to do something, anything and do it well?

    How to Negotiate Exactly What You Want in a New Office
    If you are looking for a flexible office space plan that won’t keep you locked into a contract for a year or more, the first thing to forget is conventional lease space.You want to focus your search on ‘rental’ office space. Why rental? Because rentals generally offer the most flexible arrangements without requiring a long-term lease.One of the most convenient and wide-spread types of rental offices are called executive suites or executive office space. These can be found in cities all around the world.Although the name would imply expensive top floor office space, they are actually quite economical. In fact, you can often save as much as 70% over the cost of setting up and staffing conventional office space.No furniture required.One of the first things yo
    it difficult for franchisors to know their customers.

    The Federal Trade Commission gives earnings claims, for instance when it filed against our company it promised those who complained that if they filed formal declarations and embellished the story that the Federal Trade Commission would get them all their investment back and a little more to boot. The Federal Trade Commission made that earnings claim then failed to deliver on that promise, perjured itself in the process and then took no responsibility for bad profiling and lying to the declarants or for the declarants lies and refused to prosecute them for lying, yet made sure there was a clause in our settlement that we could not sue them for lying, slander or perjury?

    Wouldn’t it be nice for an agency of the Federal Government to actually do what it is suppose to do, to actually get the job done on time and not botch it? That would be a good day for America, why not start right here at the Federal Trade Commission and reduce these regulations and allow for fluidity of business to accomplish the objectives designed into the system of Capitalism? Why not set an example to the rest of the government agencies, why not start a new trend in government to do something, anything and do it well? Well, why not? That would be a major statement and best for all concerned. Think on this.

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