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Casual Articles - Maryland Legislators and Lawyers Propose Franchise Rule Change
Making an Agreement with Your Power Team
Power Teams seem like an ideal way to promote your business and offer a wide range of services. It is true when they work well. Although the concept is excellent, you should not work with a Power Team unless you have an agreement in place. With an agreement, you will be able to define what is important and how to divide the spoils. Never leave anything to chance. If you know that you will be providing one hundred hours of work and the other team member will be providing only twenty, then the agreement must reflect how you plan on handling the revenues. For example, I worked on
legislature to get that stupid bill killed in committee which was proposed by some moron politician there. Read it and think:Power Teams seem like an ideal way to promote your business and offer a wide range of services. It is true when they work well. Although the concept is excellent, you should not work with a Power Team unless you have an agreement in place. With an agreement, you will be able to define what is important and how to divide the spoils. Never leave anything to chance. If you know that you will be providing one hundred hours of work and the other team member will be providing only twenty, then the agreement must reflect how you plan on handling the revenues. For example, I worked on
“. . .the competitive market will provide
The Sound of Business - Part I I
Creating a 'kick ass' Sonic Personality© for your business requires that your business have a personality in the first place. Of course every business has one, whether you are aware of it or not, and this is a real danger. Your customers' understanding of who you are, and what you do, as a business, may be very different from the vision you have of yourself. This can be a very serious problem for owner-managed businesses, where the personality of the entrepreneur oft times gets substituted for the personality of the business - big mistake! So what's the first st
Recently the Maryland State Legislature thought it prudent to require more disclosure than is already required by law and a complete audit of each franchisee of every company, which was franchising in their state and providing jobs and tax base. It is the typical thing dumb politicians do when they have no clue as to how free enterprise models work. There ought to be a test for all Maryland State legislators and lawyers on the reality of the market place. The entrepreneurs cannot build as fast as the lawyers and bureaucracy is stealing from us. Caesar was right, maybe we should follow his thought process on this one. Here is an excerpt of a letter, I, an entrepreneur had to write the legislature to get that stupid bill killed in committee which was proposed by some moron politician there. Read it and think:Creating a 'kick ass' Sonic Personality© for your business requires that your business have a personality in the first place. Of course every business has one, whether you are aware of it or not, and this is a real danger. Your customers' understanding of who you are, and what you do, as a business, may be very different from the vision you have of yourself. This can be a very serious problem for owner-managed businesses, where the personality of the entrepreneur oft times gets substituted for the personality of the business - big mistake! So what's the first st
“. . .the competitive market will provide
Buying a Franchise- What Every Entrepreneur Needs to Know
The concept of franchising is a couple of centuries old. The franchising business and world economies have developed simultaneously. The term ‘franchise’ comes from old French where it meant freedom, or privilege. Franchising goes back to the feudal times when the feudal lords granted permission to their slaves and common men to hold fairs, markets, ferries, and even allowed hunting on their lands.In the middle ages, kings used the concept of franchising when they gave contracts, or franchises for most of the commercial activities like developing roads, wells, and brewin
y, which was franchising in their state and providing jobs and tax base. It is the typical thing dumb politicians do when they have no clue as to how free enterprise models work. There ought to be a test for all Maryland State legislators and lawyers on the reality of the market place. The entrepreneurs cannot build as fast as the lawyers and bureaucracy is stealing from us. Caesar was right, maybe we should follow his thought process on this one. Here is an excerpt of a letter, I, an entrepreneur had to write the legislature to get that stupid bill killed in committee which was proposed by some moron politician there. Read it and think:The concept of franchising is a couple of centuries old. The franchising business and world economies have developed simultaneously. The term ‘franchise’ comes from old French where it meant freedom, or privilege. Franchising goes back to the feudal times when the feudal lords granted permission to their slaves and common men to hold fairs, markets, ferries, and even allowed hunting on their lands.In the middle ages, kings used the concept of franchising when they gave contracts, or franchises for most of the commercial activities like developing roads, wells, and brewin
“. . .the competitive market will provide
The Process of Preparation
and fruitful beginnings…In life, a process that begins properly will increase the chance of accuracy all the way through and a successful conclusion. The world of commercial finance can be complicated as every project is unique. There are many programs and products available but every application is as different as the applicant. The part of this process that is universal is the preparation. Some may tell you that luck is the residue of preparation but in reality, preparation is the prerequisite for sustained success. Whether you are starting a business or seeking t
work. There ought to be a test for all Maryland State legislators and lawyers on the reality of the market place. The entrepreneurs cannot build as fast as the lawyers and bureaucracy is stealing from us. Caesar was right, maybe we should follow his thought process on this one. Here is an excerpt of a letter, I, an entrepreneur had to write the legislature to get that stupid bill killed in committee which was proposed by some moron politician there. Read it and think:and fruitful beginnings…In life, a process that begins properly will increase the chance of accuracy all the way through and a successful conclusion. The world of commercial finance can be complicated as every project is unique. There are many programs and products available but every application is as different as the applicant. The part of this process that is universal is the preparation. Some may tell you that luck is the residue of preparation but in reality, preparation is the prerequisite for sustained success. Whether you are starting a business or seeking t
“. . .the competitive market will provide
VoIP for Small Businesses
VoIP is more cost effective than legacy networks, which is one reason that people use it on a regular basis. VoIP consists of innovative telecom solutions to individual consumers, small businesses, multinational corporations, and even governments. Increasingly, small business owners around the globe are turning to VoIP for their telecommunication needs. VoIP, is a powerful technology that allows companies to streamline their communications systems while enjoying lower costs and increased capabilities. Using IP networks to handle voice traffic enables businesses to save large
reaucracy is stealing from us. Caesar was right, maybe we should follow his thought process on this one. Here is an excerpt of a letter, I, an entrepreneur had to write the legislature to get that stupid bill killed in committee which was proposed by some moron politician there. Read it and think:VoIP is more cost effective than legacy networks, which is one reason that people use it on a regular basis. VoIP consists of innovative telecom solutions to individual consumers, small businesses, multinational corporations, and even governments. Increasingly, small business owners around the globe are turning to VoIP for their telecommunication needs. VoIP, is a powerful technology that allows companies to streamline their communications systems while enjoying lower costs and increased capabilities. Using IP networks to handle voice traffic enables businesses to save large
“. . .the competitive market will provide
The Important Function of Shredders
Information and identity theft are two growing concerns in the world today. Paper shredders and file shredders can prevent the terrible losses that can occur when valuable information pertaining to a person or a business is stolen. Shredders destroy sensitive documents that contain private information that could cause trouble if obtained by the wrong people. Some of the sensitive information often found on paper items includes birth dates, social security numbers, bank account numbers, and business plans or other finance-related items.Identity theft can have dire cons
legislature to get that stupid bill killed in committee which was proposed by some moron politician there. Read it and think:Information and identity theft are two growing concerns in the world today. Paper shredders and file shredders can prevent the terrible losses that can occur when valuable information pertaining to a person or a business is stolen. Shredders destroy sensitive documents that contain private information that could cause trouble if obtained by the wrong people. Some of the sensitive information often found on paper items includes birth dates, social security numbers, bank account numbers, and business plans or other finance-related items.Identity theft can have dire cons
“. . .the competitive market will provide more jobs and the good franchisors through success will win the consumers hearts and expand and the illegitimate ones will exit the market place. This Bill is similar to making a Law to prevent International Terrorism such as " It is allowed for anyone to fly an aircraft into a building." No kidding, that is already a law, but did that stop the International Terrorists? Franchise registration laws in Maryland duplicate The FTC little franchise acts anyway. The laws are already on the books and are hurting Maryland in so many ways. More may kill it and certainly destroy the small business sector of which 68% of our population is employed, that's right and you thought the government emp
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