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You are here: Home > Business > Franchising > Entrepreneurship Story; Over Regulation in Franchising Part I |
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Other Added - Entrepreneurship Story; Over Regulation in Franchising Part I
Entrepreneurs in the World of Managers and the third and it says: “This sounds mean and ugly almost vindictive.” The S2D2 says, “this is to protect you, franchising is very litigious.” Sally: “But these are our friends.” She looks at Jim and gives him a look, what are we getting ourselves into? The attorney also has an interesting look, a grin. Knowing that soon he will have much work defending them in lawsuits, he thinks to himself; gotta love these entrepreneurial suckers, so na?ve thinking they are going to do good in the world, help people get into business and make money at the same time, living in a dream world, oh well thankfully they do exist, although I am noticing a decline in such folks over the years, but this is live bait, and I will make all I can while they still have money. The S2D2 then starts smiling as they leave. Knowing he Charlie and Martin were best friends in high school in spite of being as different as night and day. Charlie was volatile, full of ideas, always on the go. College was boring; anyway he already had one patent to his name and was developing more ideas. Martin was staid, some said boring. He did a business degree in college, and finance was his favorite subject.Charlie was really excited about one of his ideas; he was sure it would sell. He proposed to Martin that they form a business together. Martin knew Charlie's ideas were good and liked the idea of putting into practice what he had learned in Business School.Martin wrote a business plan. With Charlie's idea talk and Martin's finance talk they persuaded a banker to give them a loan. They were in business.Charlie soon had more ideas; he started two then three more projects. Martin urged him to complete the production plans for their first product. When the first product was about to go into production, Charlie suddenly decided that it must be modified or it wouldn't sell, more money, more delay.When the sales agent wanted to talk to Charlie about promotional material, he wasn't interested. "You do it". When the agent had printed up some draft versions, Charlie didn't like them. He went out and spent lots of money on fancy camera work and printing without discussing the expense with Martin. He said later that Martin was too afraid to spend any money and without some expenditure they would get nowhere.Charlie talked such a good spiel with customers that they had lots of advance orders, but now customers were Why It Is Impossible To Raise Your Standard Of Living Working A Job Jim and Sally run a successful auto business, which they have built up over two decades and have expanded to three stores and many of their friends keep saying, “You should Franchise.” They think about this for about five years read a few books, like “Franchising for Dummies,” The “E-Myth”, “The Franchising Bible” and many others on the shelves of the new big book store in town with the coffee shop inside. They finally decide that it makes sense especially as they have friends and loyal employees who wish to be associated with them and even own the first franchises. So they set out to franchise. They visit an attorney since that says in all the books to do. Most books about franchising are, at least in part if not whole, written by S2D2s (lawyers: S2P2s; Self-Serving Parasites of Planet) anyway, so they take that advice and visit an attorney. The S2D2 explains the MUD and helps by charging them a good chunk of change; $35,000 to prepare a boilerplate document which is so complicated they could not do it on their own without years of study. They give the S2D2 (scoundrel) the money and they look at the document and start asking questions. They do not ask him about the price gouging laws that their state has after all the flooding from the remnants of Hurricane Ivan, although they feel severally violated in the outrageous costs to prepare the documents. After all there is some new shop equipment they need to test cars to stay in compliance with the latest smog certificates and they are not cheap either. So they ask some typical questions instead of why they had to pay so much.Everything in nature has been endowed with what it needs to survive. There is no living thing that isn't inherently equipped with the skills and abilities it needs to secure its continued existence. Whether through instinct, size, camouflage or speed, no gazelle, lion or giraffe has to go to trade school to learn how to survive. That’s the beauty of the divine plan. We, as humans, are part of this plan and each one of us is given something that sets us apart from everyone else; something that we can use to ensure our own survival.Before industrialization sent hoards of us to the cities to work on assembly lines in factories, we all used something we did or owned to exchange for the things we couldn't do or didn't own. Experts say that before the Industrial Revolution, 80% of us where entrepreneurs.Unfortunately, because we now live in a capitalistic society, we rarely have a chance to be rewarded for the extraordinary potential we bring to the universe. Instead, we are rewarded for the lowest common denominator--something we share with just about everybody else; our time and your presence. Think about it. You're paid simply for showing up to a job for a certain number of hours to do a job which somebody else could just as easily do; It's this replaceability that ensures that the big business—which competes on price—can stay in business. If people were compensated based on the real value of their "talents" big business couldn't survive.So even if he or she wanted to, no employer can or will ever pay you what you're worth. You can beg for a raise every year, work more hou “But Mr. S2D2, we want to be fair and give this and that assistance to the new franchisees, Bob and Margaret are long time customers of our shop and friends. Joe has been working with our company seven years and they want to buy the first franchises. The S2D2 explains that the Federal Trade Commissions Franchise Group is doing this for the consumer’s protection. Jim and Sally understand this but what is all this about termination, litigation, arbitration or mediation? Why does it say we may give you this and that, of course we would support Bob and Margaret and Joe they are dear friends of ours and it is our name on the building, of course we are going to go out of our way to help them.” The S2D2 says, “yes, I understand that but this is for your protection too.” Sally says, “great but, it sounds so vindictive and mean, why would anyone sign it?” The S2D2 says “there is much case law and history as to why these things are in these documents and they are to protect you, that what you are paying me for.” Jim thinks to himself, we are paying you to pick a fight with our new franchisees and long time dear friends. Attorneys are A-holes. They are our worst customers at the shop and I will never forget that time a one-week temporary worker hurt his hand because he was not paying attention, then sued us. Even though it was on his way to work or so he said, we had to fight the case, we won but it costs us $17,000, gosh, I hate attorneys. Jim just gives a slight aggravated look and gazes towards the window over looking the river and much of downtown. How can anyone call what this guy does work? So Sally looks at the cover page and the second page and the third and it says: “This sounds mean and ugly almost vindictive.” The S2D2 says, “this is to protect you, franchising is very litigious.” Sally: “But these are our friends.” She looks at Jim and gives him a look, what are we getting ourselves into? The attorney also has an interesting look, a grin. Knowing that soon he will have much work defending them in lawsuits, he thinks to himself; gotta love these entrepreneurial suckers, so na?ve thinking they are going to do good in the world, help people get into business and make money at the same time, living in a dream world, oh well thankfully they do exist, although I am noticing a decline in such folks over the years, but this is live bait, and I will make all I can while they still have money. The S2D2 then starts smiling as they leave. Knowing he c Starting a Mobile Car Wash Business for as Little Money as Possible hat advice and visit an attorney. The S2D2 explains the MUD and helps by charging them a good chunk of change; $35,000 to prepare a boilerplate document which is so complicated they could not do it on their own without years of study. They give the S2D2 (scoundrel) the money and they look at the document and start asking questions. They do not ask him about the price gouging laws that their state has after all the flooding from the remnants of Hurricane Ivan, although they feel severally violated in the outrageous costs to prepare the documents. After all there is some new shop equipment they need to test cars to stay in compliance with the latest smog certificates and they are not cheap either. So they ask some typical questions instead of why they had to pay so much.Many people want to start a mobile car wash business and want to do it as cheap as possible. Have you ever considered; starting a Mobile Car Wash Business? Perhaps you have but you want to do it for as little money as possible. Well you can do it inexpensively if you are very careful. You may have seen mobile car washers in your city operating on a shoestring budget; many are even illegal aliens, which are doing the work. Who do not follow the rules, have business licenses, driver’s licenses or even remove their waste water.The start up costs for a mobile washing system depends entirely on how you go about it. You could put the unit on a trailer, buy a plastic Agricultural water tank. Then buy a pressure washer from Home Depot that will cost about $2,000. There are some rules too that require that you do not let the water go into a storm drain so you will need some equipment to prevent that potential eventuality as well.So, buy some storm drain blockers and an extra water tank, along with some garden hose and a vacuum, which sucks water from Wal-Mart and be ready to go for about which should cost you another $1,000 or a grand total of about $3,000 I suppose? Mobile car washing can be a rewarding business indeed and if you work hard you will even lose some weight. Consider this in 2006. “But Mr. S2D2, we want to be fair and give this and that assistance to the new franchisees, Bob and Margaret are long time customers of our shop and friends. Joe has been working with our company seven years and they want to buy the first franchises. The S2D2 explains that the Federal Trade Commissions Franchise Group is doing this for the consumer’s protection. Jim and Sally understand this but what is all this about termination, litigation, arbitration or mediation? Why does it say we may give you this and that, of course we would support Bob and Margaret and Joe they are dear friends of ours and it is our name on the building, of course we are going to go out of our way to help them.” The S2D2 says, “yes, I understand that but this is for your protection too.” Sally says, “great but, it sounds so vindictive and mean, why would anyone sign it?” The S2D2 says “there is much case law and history as to why these things are in these documents and they are to protect you, that what you are paying me for.” Jim thinks to himself, we are paying you to pick a fight with our new franchisees and long time dear friends. Attorneys are A-holes. They are our worst customers at the shop and I will never forget that time a one-week temporary worker hurt his hand because he was not paying attention, then sued us. Even though it was on his way to work or so he said, we had to fight the case, we won but it costs us $17,000, gosh, I hate attorneys. Jim just gives a slight aggravated look and gazes towards the window over looking the river and much of downtown. How can anyone call what this guy does work? So Sally looks at the cover page and the second page and the third and it says: “This sounds mean and ugly almost vindictive.” The S2D2 says, “this is to protect you, franchising is very litigious.” Sally: “But these are our friends.” She looks at Jim and gives him a look, what are we getting ourselves into? The attorney also has an interesting look, a grin. Knowing that soon he will have much work defending them in lawsuits, he thinks to himself; gotta love these entrepreneurial suckers, so na?ve thinking they are going to do good in the world, help people get into business and make money at the same time, living in a dream world, oh well thankfully they do exist, although I am noticing a decline in such folks over the years, but this is live bait, and I will make all I can while they still have money. The S2D2 then starts smiling as they leave. Knowing he Profile of a Biotech Career d give this and that assistance to the new franchisees, Bob and Margaret are long time customers of our shop and friends. Joe has been working with our company seven years and they want to buy the first franchises. The S2D2 explains that the Federal Trade Commissions Franchise Group is doing this for the consumer’s protection. Jim and Sally understand this but what is all this about termination, litigation, arbitration or mediation? Why does it say we may give you this and that, of course we would support Bob and Margaret and Joe they are dear friends of ours and it is our name on the building, of course we are going to go out of our way to help them.”Biotechnology is defined as the manipulation of organisms to do practical things and provide useful products. A career in biotechnology is possible for those with a Bachelor’s, Master’s or PhD. While most biotechnologists deal with living organisms, there are a few areas of biotechnology that do not, such as the field of studying radioactive tracers.Earnings as a biotechnologist can run from $30,000 all the way up to 6-figures. So it’s quite a range. Let’s delve into the exciting rewards this career choice has to offer.Challenging WorkSome biotechnologists study medical processes. Job functions in this area include the designing of organisms in order to result in antibiotics and the engineering of genetic cures via genomic manipulation. Other biotechnologists deal with industrial processes. Job functions in this area would cover the designing of an organism that results in useful chemicals. Still other biotechnologists deal with agricultural processes, i.e. the designing of transgenic plants, and enabling them to grow under certain environmental conditions.Other work in biotechnology includes bioinformatics or computational biology. The focus in these fields is on solving biological problems using computational techniques. This work includes many different areas: functional and structural genomics, proteomics, and components in the biotechnology and pharmaceutical sector.Career TidbitsThe following list highlights some interesting information about this career field according to top sources including the U.S. Department of Labor Bureau of Labor S The S2D2 says, “yes, I understand that but this is for your protection too.” Sally says, “great but, it sounds so vindictive and mean, why would anyone sign it?” The S2D2 says “there is much case law and history as to why these things are in these documents and they are to protect you, that what you are paying me for.” Jim thinks to himself, we are paying you to pick a fight with our new franchisees and long time dear friends. Attorneys are A-holes. They are our worst customers at the shop and I will never forget that time a one-week temporary worker hurt his hand because he was not paying attention, then sued us. Even though it was on his way to work or so he said, we had to fight the case, we won but it costs us $17,000, gosh, I hate attorneys. Jim just gives a slight aggravated look and gazes towards the window over looking the river and much of downtown. How can anyone call what this guy does work? So Sally looks at the cover page and the second page and the third and it says: “This sounds mean and ugly almost vindictive.” The S2D2 says, “this is to protect you, franchising is very litigious.” Sally: “But these are our friends.” She looks at Jim and gives him a look, what are we getting ourselves into? The attorney also has an interesting look, a grin. Knowing that soon he will have much work defending them in lawsuits, he thinks to himself; gotta love these entrepreneurial suckers, so na?ve thinking they are going to do good in the world, help people get into business and make money at the same time, living in a dream world, oh well thankfully they do exist, although I am noticing a decline in such folks over the years, but this is live bait, and I will make all I can while they still have money. The S2D2 then starts smiling as they leave. Knowing he Growing Your Business With Marketing Gifts gn it?” The S2D2 says “there is much case law and history as to why these things are in these documents and they are to protect you, that what you are paying me for.” Jim thinks to himself, we are paying you to pick a fight with our new franchisees and long time dear friends. Attorneys are A-holes. They are our worst customers at the shop and I will never forget that time a one-week temporary worker hurt his hand because he was not paying attention, then sued us. Even though it was on his way to work or so he said, we had to fight the case, we won but it costs us $17,000, gosh, I hate attorneys. Jim just gives a slight aggravated look and gazes towards the window over looking the river and much of downtown. How can anyone call what this guy does work?The results are in and it’s official. Everyone loves a gift. And despite the fact that most people believe you never get something for nothing, most people are happy to accept the free marketing gifts handed out by the companies with whom they do business. Marketing gifts can be a keystone in your branding and marketing strategy and help you grow your business by leaps and bounds. All it takes is some strategic planning to reap the benefits of printing your name on some nifty little tchotchkes.What you can do with marketing gifts - Entice new customers by offering them a free gift for trying your services or product - Reward your current customers with little thank you gifts and reminders that they’re appreciated - Build name recognition by exposing your current and potential customers to your logo and business information - Supplement your media advertising by finding a permanent home in the homes of your target market.Adverts and flyers are often tossed in the dustbin as soon as they’re opened – if they even make it that far. By contrast, when you give your customers something that they’ll use and enjoy, it will stick around, sometimes for years. A coffee mug with your logo on it, a key ring to hold the spare house keys, the calendar you check every day – each of these represents an opportunity for you to put your name in front of your customer, sometimes many times a day.How to Choose Marketing Gifts The key is to give away marketing gifts that people will really use, without breaking your budget. If you can be clever into the mix, you’re far So Sally looks at the cover page and the second page and the third and it says: “This sounds mean and ugly almost vindictive.” The S2D2 says, “this is to protect you, franchising is very litigious.” Sally: “But these are our friends.” She looks at Jim and gives him a look, what are we getting ourselves into? The attorney also has an interesting look, a grin. Knowing that soon he will have much work defending them in lawsuits, he thinks to himself; gotta love these entrepreneurial suckers, so na?ve thinking they are going to do good in the world, help people get into business and make money at the same time, living in a dream world, oh well thankfully they do exist, although I am noticing a decline in such folks over the years, but this is live bait, and I will make all I can while they still have money. The S2D2 then starts smiling as they leave. Knowing he A Great One-Liner Opens the Door For More Ideal Customers To Walk Through and the third and it says: “This sounds mean and ugly almost vindictive.” The S2D2 says, “this is to protect you, franchising is very litigious.” Sally: “But these are our friends.” She looks at Jim and gives him a look, what are we getting ourselves into? The attorney also has an interesting look, a grin. Knowing that soon he will have much work defending them in lawsuits, he thinks to himself; gotta love these entrepreneurial suckers, so na?ve thinking they are going to do good in the world, help people get into business and make money at the same time, living in a dream world, oh well thankfully they do exist, although I am noticing a decline in such folks over the years, but this is live bait, and I will make all I can while they still have money. The S2D2 then starts smiling as they leave. Knowing he can return the favor to some of his fellow attorneys nearby who specialize in divorce law and bankruptcy, etc. He has seen it before, good companies franchise and then the lawsuits, divorce and bankruptcy, he can smell it. He does not think more than a second or two that he and his S2D2 are the cause of all of it. Even if we are, we deserve the money, we are smarter than everyone else, have spent years learning all this dribble and besides I need another new BMW and the golf membership is coming due. Must keep up with the boys to continue to get those referrals.Getting more clients starts with getting your foot in the door. A great one-liner can be your door man, and get more customers and partners to come in and start a relationship with your company. Before anyone is going to do business with you, they must first understand why you are in business in the first place. While this may seem obvious to you, each new person you meet needs to hear your story in a way that will make them want to be a part of it. That first simple sentence can make all the difference. A great one-liner makes you stand out from the crowd and can turn casual conversations into the beginnings of great business deals. How? A concise explanation of your company in the form of a savvy one-liner shows that you know what you do, you’re clever and it will sink into the mind of your target client immediately just like a one-liner in a movie. That one memorable line that stays with you, long after the popcorn and candy have been eaten and the lights have come up. You remember the feeling that line invoked in you and it makes you want to come back for more. A great one liner, gets you your first yes, in the form of a, “Tell me more,” response. That way when you start your pitch, your prospect is already hooked.How many times do you get asked, so what do you do? When talking to anyone you meet who could be a potential client or might know or have relationships with people who are potential clients, your goal is to earn the right to keep talking, to incite curiosity and to get them to ask you to talk more. This initial answer to that question is not meant to be a fu Jim and Sally are having second thoughts, but are committed to the plan and already have the first three franchises sold to family, friends and loyal employees. “We promised Jim, we gave them our word, they are counting on us.” “Yes, but Sally, I really hate attorneys, they seem so cold and they don’t care, look at what he is charging us?” Sally says, “yes I know, but if we sell enough franchises we can send our kids to law school, that is where all the money is, look how hard we work to build a business and that fat cat attorney, just sits in that office with the view and works a few hours a day and that paralegal in the back seems to do all the work.” Jim observes; “You know Sally, I really want to do this, we have worked so hard. Hey did you notice the way the secretary was looking at the attorney? I think they have something going there? Well maybe he is doing the paralegal too?” Sally says “ yes I think you are right about the secretary, but the paralegal is definitely gay, you really think so?” Jim says, “Heck, yes, he seems like the squirrelly type, I do not trust him.” Sally says “But, Jim you know his wife is a VIP in town? I agree with your comments did you notice how fast the attorney took you up on that offer too give his car free service?” Jim “Says, well the lawyers are a necessary evil, we ought to double the price whenever they come in with cars to the shop.” Sally says, we ought to deny them service, so they do not try to sue us.” Jim says “Yah, but there is probably some law against it and then they really would sue us, maybe we should just defer to Caesar on this one?” Sally agrees, “Caesar was Right!” Jim shouts, “Take no prisoners, kill them all, ha, ha, ha.” Jim gets on the on ramp and lets all 455 cubic inches roar. “We’re gonna pass everything but a gas station from here on out!” The next day, Jim and Sally are over the negative observations and Jim says “Well now we have the documents let’s go visit our future franchisees, finally after four months of paperwork.” Sally smiles. Jim says “you know I love you honey, we are finally going to do this.” Sally says “good, for a second I thought you had the hots for that paralegal, he was sure checking your rear end out.” Jim says “oh great! But I think I am more worried about his boss trying to screw both of us in some bizarre three-some.” You see Mr. Federal Trade Commission this is how it all starts, it all starts out on the wrong foot. Why? This MUD is clouding the reasoning and strength of franchising. Franchising is a win-win situation, when it is buried in MUD it creates an adversarial relationship from the beginning. Jim and Sally are ready and they call the atto
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