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  • Added for You - The Misconceptions of the Value Of Disclosures in Franchising

    How Do Businesses Survive Today With So Much Incompetence?
    It really amazes me today how most corporations not only stay in business, but how they do the volume of business they actually do? I guess in many cases it comes down to the fact that when making a choice where you are going to do business for a particular product or service, and there's only one choice, your answer is pretty much made up for you.One company that really has me scratching my head is Verizon. How can a person call their order department and spend an average of 1 to 1 1/2 hours on the phone with a so-called trained representative who is taking the order, g
    you would not have any franchisees left. There are too many laws in franchising and too much regulation. Many times a franchise buyer will ask me, “What the hell does this have to do with washing cars?” I really cannot answer what
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    Isn’t it true that when admission officers evaluate student applications they really don’t know the student? Other than the interview that some colleges offer, acceptance decisions are based on a written document, the application. For students to portray themselves in the best light, their GPA’s, test scores, essays and recommendations must paint the best possible picture. In addition to local students, I am currently working with students and families in 16 states and 5 countries internationally. This number is increasing nearly daily. I counsel online, on the phone and via
    Disclosure laws in franchising are suppose to help the consumer. They don’t. The FTC, which over sees franchising has in fact created a rule, which makes 5 lb. Disclosure documents for franchise buyers, which is so huge that no one ever reads it. I know when I personally meet a franchise buyer whose application form is approved and hand them a UFOC, Uniform Franchise Offering Circular with attachments and watch their jaw drop and then their hand drop when they clutch it in their hands (due to the weight of the 155 to 200 pages), I see a blank look. I apologize every time for my unreasonable government and the US legal system for the rules.

    I tell them it is to protect them and put up my shoulders and they usually say something like “Yah Right.” A franchise buyer who wants to buy a franchise is not going to read and expect to understand every clause, nor are most franchisors going to enforce every clause. You can’t, you would not have any franchisees left. There are too many laws in franchising and too much regulation. Many times a franchise buyer will ask me, “What the hell does this have to do with washing cars?” I really cannot answer what I

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    er reads it. I know when I personally meet a franchise buyer whose application form is approved and hand them a UFOC, Uniform Franchise Offering Circular with attachments and watch their jaw drop and then their hand drop when they clutch it in their hands (due to the weight of the 155 to 200 pages), I see a blank look. I apologize every time for my unreasonable government and the US legal system for the rules.

    I tell them it is to protect them and put up my shoulders and they usually say something like “Yah Right.” A franchise buyer who wants to buy a franchise is not going to read and expect to understand every clause, nor are most franchisors going to enforce every clause. You can’t, you would not have any franchisees left. There are too many laws in franchising and too much regulation. Many times a franchise buyer will ask me, “What the hell does this have to do with washing cars?” I really cannot answer what

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    tch it in their hands (due to the weight of the 155 to 200 pages), I see a blank look. I apologize every time for my unreasonable government and the US legal system for the rules.

    I tell them it is to protect them and put up my shoulders and they usually say something like “Yah Right.” A franchise buyer who wants to buy a franchise is not going to read and expect to understand every clause, nor are most franchisors going to enforce every clause. You can’t, you would not have any franchisees left. There are too many laws in franchising and too much regulation. Many times a franchise buyer will ask me, “What the hell does this have to do with washing cars?” I really cannot answer what

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    shoulders and they usually say something like “Yah Right.” A franchise buyer who wants to buy a franchise is not going to read and expect to understand every clause, nor are most franchisors going to enforce every clause. You can’t, you would not have any franchisees left. There are too many laws in franchising and too much regulation. Many times a franchise buyer will ask me, “What the hell does this have to do with washing cars?” I really cannot answer what
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    you would not have any franchisees left. There are too many laws in franchising and too much regulation. Many times a franchise buyer will ask me, “What the hell does this have to do with washing cars?” I really cannot answer what I really think, I would launch into a tirade that would last four hours full of more examples than I care to write in this brief letter. I could write a book over disclosure and franchise law.

    The fact is that we are a mobile car wash franchise for the most part and that is a relatively easy and simple business. As much as the professionals care to argue to the contrary, all these disclosure laws just are not needed. Neither is all this regulation and surely not anymore than already exists. You can sit and argue why the rules and all the laws are necessary, but you will never convince myself or franchise buyer of it. Has anyone stepped away from the box long enough to see how absurd this is? Are we all so engulfed in the words of the statues and rules that we cannot see what we are doing. Forcing some businesses into the franchising model that should not be there, forcing the square peg where it does not fit.

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