Hub You
#1 in Business Subscribe Email Print

You are here: Home > Business > Business > 10-Day Rule For Franchise Sales; Cooling Off Period

Tags

  • waiting
  • clarity
  • franchising
  • comment first
  • holidays state
  • waiting period

  • Links

  • Glass Blowing
  • Church of Christ - Let's Take Hell!
  • Courier Service Secrets Revealed: Courier Company Rush Delivery and Holdbacks
  • Hub You - 10-Day Rule For Franchise Sales; Cooling Off Period

    Diversify Energy Sources For American Business
    One of the most important things in any business is energy. We have noticed over the last decade as we see natural gas spikes in the colder climates such as the North Midwest, Northwest and in the North East that it puts economic pressure on our nation's businesses. If the business is a manufacturing facility and it is already in a worldwide competitive market any slight additional cost in energy to run the business could result in a net loss for the quarter. We must keep our businesses competitive in the world market and typically energy has been one of our strong suits. B
    place, I believe the rule should be lowered to one week if not entirely and immediately dismissed. Why? Well because the consumer does not really want any more barriers to buying a franchise. They do not like the 10-day waiting period, which ends up half a month with holidays. They do not want to go through a long sales process. T
    Vehicle Leasing - A Case Study
    A manufacturing company with 120 staff historically bought their company vehicles from the local dealer who offered excellent service, choice and most importantly a large discount. The quantity of cars required at this stage was six and two vans, which they purchased from ex-demonstration stock.The company was experiencing a surge in production and as a result they had to manage cash flow tightly as expenditure on meeting the production deadlines was going out long before the products were being paid for. As a result the financial team looked at the accounts and decide
    In franchising law we have what we call a 10-day rule, which in laymen’s terms goes something like this; The prospective franchise buyer must receive the (UFOC) Uniform Franchise Offering Circular for ten business days before any monetary compensation is given to or collected by the Franchisor. Sounds like a good idea right? Well, it is very problematic for willing buyers and sellers to operate under such constraints of trade. One of the proponent reasons for this law is that the UFOCs are generally about 200 pages long and that is a lot to read and the government regulators wish to make sure you take it to an attorney first. Currently the Federal Trade Commission is reviewing all the rules in franchising and determining whether we need more over disclosure and which kinds of stipulations to add to the franchise rule. Typical isn’t it adding minutia on top of already over loaded and cumbersome disclosure?

    I would like to comment first on the 10-day rule. I agree that if such a rule is to remain in play that it should be a number, which is easy to figure out, due to holidays, state holidays, semi-holidays, which are different. If you are going to keep the cooling off period rule, then two weeks in a better idea for clarity so I concur with the commission on this thought. However I warn the commission of leaving the rule in place, I believe the rule should be lowered to one week if not entirely and immediately dismissed. Why? Well because the consumer does not really want any more barriers to buying a franchise. They do not like the 10-day waiting period, which ends up half a month with holidays. They do not want to go through a long sales process. Th

    Construction Estimating In Building Has Benefits For You
    If you are just starting out in construction, the process of bidding may be a little confusing. When you are drawing up an estimate, you are basically calculating the total expense of the project you want to bid on. It is important that you remember to include all expenses and allow for unforeseen expenses that may crop up. When you estimate a job, you need to stay as close to the estimate as possible.This is very important because if you do not estimate properly, and ask the client for more money to complete the project he or she will undoubtedly become angry. The contr
    very problematic for willing buyers and sellers to operate under such constraints of trade. One of the proponent reasons for this law is that the UFOCs are generally about 200 pages long and that is a lot to read and the government regulators wish to make sure you take it to an attorney first. Currently the Federal Trade Commission is reviewing all the rules in franchising and determining whether we need more over disclosure and which kinds of stipulations to add to the franchise rule. Typical isn’t it adding minutia on top of already over loaded and cumbersome disclosure?

    I would like to comment first on the 10-day rule. I agree that if such a rule is to remain in play that it should be a number, which is easy to figure out, due to holidays, state holidays, semi-holidays, which are different. If you are going to keep the cooling off period rule, then two weeks in a better idea for clarity so I concur with the commission on this thought. However I warn the commission of leaving the rule in place, I believe the rule should be lowered to one week if not entirely and immediately dismissed. Why? Well because the consumer does not really want any more barriers to buying a franchise. They do not like the 10-day waiting period, which ends up half a month with holidays. They do not want to go through a long sales process. T

    Medical Billing - Many Players, Many Problems
    Getting sick is no fun. What's even less fun is when you go to the doctor, he hands you that bill and it takes your insurance company forever to pay the claim. Medical billing may seem like a total nightmare sometimes and the truth is, it is. But few people understand the reasons. Hopefully, reading this will give you a basic idea of what all the problems are.There are many players involved in the medical billing world and you have to understand their role in this society and where they are coming from.For starters, we have the doctors. You have to understand
    reviewing all the rules in franchising and determining whether we need more over disclosure and which kinds of stipulations to add to the franchise rule. Typical isn’t it adding minutia on top of already over loaded and cumbersome disclosure?

    I would like to comment first on the 10-day rule. I agree that if such a rule is to remain in play that it should be a number, which is easy to figure out, due to holidays, state holidays, semi-holidays, which are different. If you are going to keep the cooling off period rule, then two weeks in a better idea for clarity so I concur with the commission on this thought. However I warn the commission of leaving the rule in place, I believe the rule should be lowered to one week if not entirely and immediately dismissed. Why? Well because the consumer does not really want any more barriers to buying a franchise. They do not like the 10-day waiting period, which ends up half a month with holidays. They do not want to go through a long sales process. T

    How to be a True Professional in Your Cleaning Business
    With the large number of cleaning businesses out there, how do you get your company to stand out? Being a professional in all aspects of your cleaning business will go a long way towards showing your customers and potential customers that you are serious about doing the best job that you can do. Do you have the background, knowledge and experience to become a professional? You bet! Doing the best job that you can do and having a professional attitude is what it takes to show your clients you go that extra step.There are several factors that come to mind when you think of
    in in play that it should be a number, which is easy to figure out, due to holidays, state holidays, semi-holidays, which are different. If you are going to keep the cooling off period rule, then two weeks in a better idea for clarity so I concur with the commission on this thought. However I warn the commission of leaving the rule in place, I believe the rule should be lowered to one week if not entirely and immediately dismissed. Why? Well because the consumer does not really want any more barriers to buying a franchise. They do not like the 10-day waiting period, which ends up half a month with holidays. They do not want to go through a long sales process. T
    Tips for Training Your Cleaning Staff
    Proper training of your cleaning staff not only leads to cleaner buildings, but it also means fewer accidents, faster cleaning times, and a more professional cleaning staff. When hiring new employees, you may find candidates with extensive backgrounds in cleaning; however, it is more likely your new - hires will know little about proper cleaning techniques. Proper training is essential to get your employees off on the right foot and to make sure they are getting the work done properly, safely, and efficiently. Keeping the following tips in mind will help to make sure your em
    place, I believe the rule should be lowered to one week if not entirely and immediately dismissed. Why? Well because the consumer does not really want any more barriers to buying a franchise. They do not like the 10-day waiting period, which ends up half a month with holidays. They do not want to go through a long sales process. They want instant gratification and they want to start their new career/business and embark on their new chosen lifestyle. All these regulations have complicated the issue and made it tougher to buy franchises, all to the frustration of the consumer, the economy and jobs in our country.

    Tell me did anyone ever take a survey of the sales process and large documents of given out during their purchases to existing franchisees and ask them what they think of the whole mess, which has been created to supposedly help them? Has the Federal Trade Commission done this? NO, of course not. Yet, I cannot think of a franchisor, which does not constantly survey their end users of the franchised outlet for the desires and events leading to a sale of goods or services and on all those surveys they always ask the same things. Did you feel that all your questions were answered, were you happy with the buying process, were your needs met, etc? Why doesn’t the Federal Trade Commission ask real franchise owners what they think of all the paperwork, large documents and rules? Simply taking the information from lobbyist groups of franchisee advocate rabble-rousers will not do it. Taking Internet complaints will not do it. Ask the actual franchisees already in the systems, the good franchisees, which follow the system. By making more rules

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.iadvice.info/article/4835/iadvice-10Day-Rule-For-Franchise-Sales-Cooling-Off-Period.html">10-Day Rule For Franchise Sales; Cooling Off Period</a>

    BB link (for phorums):
    [url=http://www.iadvice.info/article/4835/iadvice-10Day-Rule-For-Franchise-Sales-Cooling-Off-Period.html]10-Day Rule For Franchise Sales; Cooling Off Period[/url]

    Related Articles:

    The Secret of Self-Investment

    Electric Binding Machines

    Human Resource Department: How Do I Set Up?

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com