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Article #154: Franchise Rule, Thoughts For The Future

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The Federal Trade Commission recently put would revolutionize the process and usher
forth a report to the franchse industry in a new beginning of things to come.
for comments to use in an upcoming Franchising is the future. Such a sign
rule-making event, which is sure to would signal a stop to this over
modify the current franchise rule. Many regulation in all industries, which is
have been critical of additional rules in chocking off America. This is no time to
the industry, but none more critical than impede the franchise model. Don't
myself. destroy all we have built in franchising.
If the FTC really feels that these new This industry is filled with great
rules will solve something then make them people both past and present. It is
in a way that they can be universal and filled with great companies who have made
simplified. Review all the public it among their main objectives to deliver
comments and letters with regards to the American Dream to those who are
simplification; such as the comment about dedicated and willing to give their all
introducing a new FTC-EZ forms for in a business of their own. This can be
Internet Use, for franchise buyers. done and we can make so, we can build a
Laugh along with the comment submitters seamless marketplace where businesses and
rather than attacking them, but government work together for the benefit
understand and see the problems from both of all, creating win-win situations,
sides. Entrepreneurs must be heard and which can withstand any kind of adverse
feel good about the industry or they will economic pressure. It is an undeniable
move to greener pastures and other truth, and together we can prove it and
countries taking with them jobs, capital return America back to the prosperity
and know how. The FTC must commit that it has taken so long to build.
themselves to move towards solutions, I certainly hope that the entrepreneur
even if they take the agency all the way will be heard, we work harder than anyone
back to the drawing board, a complete else and we are the ones who are
re-write of the franchise rule is not responsible for all you see in our
such a bad idea, elimination, well even country, every where you go. You cannot
better. The FTC must practice what they go to the store, drive your car, even
preach and look in the mirror more often. fall asleep in your own bed without
And above all step back and look at the seeing out work. All to often we are the
whole picture and see how absurd all this forgotten ones drown in a sea Political
has really become. Oh and before the FTC Correctness and over regulation. Let's
condemns the franchisors why not look at not forget how all this got here. If you
the changing world of the consumer love this country as much as I and as
attitude, buying behavior and their much as my ancestors who came over on the
endeavors during the sales process. Mayflower and enjoy the fruits of the
Realize that it is a highly competitive entrepreneurial, innovative and explorer
business world out here and we are soul, If you love this country and all
getting more competition from abroad that we have, If you are thankful to live
every day, and many of these new foreign in freedom, please don't forget us. We
entrants to our markets are much more are merely the one's who built it all for
Machiavellian than we are in the States. you. If it were not for such folks we
I personally do not believe any of these would not be here today, we would not be
proposed rules are necessary, as I do not the greatest country in the world, we
believe we even need the MUD (much would not have any of this really.
unnecessary disclosure) the over Every time we make a rule or a regulation
regulations in the franchising industry we hurt the entrepreneurs big and small.
at all, normal everyday market forces We need to reduce some of this regulation
will enforce the survival of franchisors in franchising, because if you like what
and thus prevent fraud. It would be you see in this country now, you can have
"nice" if all franchisors had something ten-fold if you will let us do our job,
on their websites for easy comparison for for the love and joy of building,
consumers. I think the industry is up for creating and yes making money too. If
some guidance on such an issue with some not, all that you see will not last, it
great advice to help it along. The FTC will slowly disappear and we will join
should and could facilitate such. I do the has-beens of great civilizations,
not believe it should be mandatory. It which once showed great promise and have
would be a much better test to see if the now come and gone, reduced to a mere
Franchise Industry can fix and/or address footnote in a future history book or
these issues to help along change. That digital record. Think about it, stop the
would be an FTC and Industry move that absurdity of over regulation now.






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