Who Does Over Disclosure Really Hurt In Franchising?

Costs of over regulation and over disclosure end up hurting the very consumer that the regulatory bodies are trying to protect. Over disclosure and over regulation is in itself the worst evil of civilization, as it stifles free enterprise, innovation and free markets. In franchising the disclosure documents have in fact grown to over 200 plus pages in length on average. You should be happy you are not a tree in the forest right now.

If franchise buyers (consumers) are damaged in the market place due to burdensome over disclosure and costs being passed onto them at the time of sale or thru less assistance down the road during the franchise relationship, then no one is well served and the increased rules have hurt the consumer. The new name for the Federal Trade Commission's franchise rule department will be "Forget the Consumer" or MUD. MUD might be more apropos as there is a perfect acronym "Much Unnecessary Disclosure," which would be quite fitting for their most recent rule making exercise.

The MUD along with the lack of real tort reform is killing this country and destroying all we are and all we have built like the debris left on flooded lands by Hurricanes Charley or Muddy banks of the Chesapeake and Potomac overflowing from Hurricane Isabel in DC. It often takes years for franchisors to get all full power back up to speed to the clean-up after an action by the Federal Trade Commission, whether against their company or a simple opinion effecting the franchising industry.

The regulatory bodies in their haste to enforce disclosure laws have hurt the very consumer they purport to be protecting; they just don't get it; do you? Think about it.

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

In The News:

How to Help Small Businesses Survive COVID's Next Phase  Harvard Business School Working Knowledge
A Way Forward for Small Businesses  Harvard Business Review

Making Your Product Desirable For Alliance Partners

How do you make sure you have the business solutions... Read More

Local Government Relations for Small Business

Most small businesses simply go about their daily business and... Read More

Pressure Washing Business and Post Fire Cleanups

Many have not experienced a fire up close. One year... Read More

Job Costing - Do You Know How?

What's your job profitability? I meet with business owners every... Read More

Electronic Franchise Disclosure and E-Signature Future for Investors

It has been discussed allowing Franchising companies to electronically disclose... Read More

Expanding your business.

Are you a small business owner who wants to expand... Read More

Why the Over Regulation on the Franchising Model?

Franchising is the fastest way to build small businesses, provide... Read More

Small Business Marketing - How Important Are Your First Words?

"What do you do?" It just might be one of... Read More

How to Sponsor an Event for Fun and PROFIT

How do you sponsor an event and get personal introductions... Read More

Truck Wash Business Case Study

Often smart entrepreneurs look for out of the way businesses,... Read More

Franchisor; Ongoing Support and Ideas

Ongoing support for a franchise system is omnipotent. A major... Read More

Everything I Need to Know About Business I Learned From My Nametag

So there I was ? sitting in the audience of... Read More

FTC Franchise Rule if Enacted will Trigger Hardship for Private Sector

The FTC Franchise Rule maybe changed, as the Federal trade... Read More

How To Build Business Credit

Having their own business is something many millions of people... Read More

Starting a Mobile Auto Detailing Business; Dry Wash or Pressure Wash?

Many experienced auto detailing professionals who have started out using... Read More

Cost Effective Franchise Regulations, Come again

The Franchise Group at the Federal Trade Commission in all... Read More

Top 10 Lessons for Small Business Success - As learned From My Twin 3 Year Olds

Small business success is very similar to learning to walk,... Read More

Consistency with Janitorial and Cleaning Businesses

Consistency is a huge word when operating your business. I... Read More

Finding a Venture Capital Firm

Many ventures are faced with the challenging task of raising... Read More

Getting Grant Funding For Your Nonprofit Organization

Do you need grant funding for your nonprofit organization? If... Read More

Using Technology to Manage Customer Loyalty

Don't let your customer satisfaction research initiative collect dust on... Read More

How To Make Sure Your Customers Still Trust Your Small Business

The stock market is still on a wild roller coaster... Read More

Self Serve Car Washes in the United States

In the 2003 Auto Laundry News Survey it was determined... Read More

Computer Tips that Help Small Businesses Operate Profitably

When working properly, computers enable small businesses to make big... Read More

Franchising Pros and Cons

Last week's question from Anthony R. on how to choose... Read More