bumpyjump.com bumpyjump.com bumpyjump.com
Search:    Home Page :> About Us :> Security & Privacy :> ToS :> Add Url :> Add Your Article   

 

Policies & Law

 

Family & Home

 

Creative Arts

 

Health & Therapy

 

Adventure & Sports

 

Companies & Business

 

Tour & Travel

 

Education & Learning

 

Automotive

 

Self Healing

 

Teens & Kids

 

Finance & Investment

 

Recreation & Entertainment

 

Shopping & Auction

 

People & Society

 

Computers & Software

 

News & Events

 

Fashion & Relationships

 

Property & Agents

 

Healthcare & Treatment

 

Jobs & Employment

 

Science & Research

 

Drink & Food

 

Online & Board Games

 

Home Page › Companies & Business › Business Administration
 

Business Management Case Study; Franchisor Collection of Financial Data from Franchisee

 
Author: Lance Winslow

Franchisors prior to the sale of a franchise collect information from franchisees to qualify them in the Sales Process to see if they can afford the franchise. Even more importantly by asking for this information the Franchisor can insure that the Franchisee has the necessary cash flow to float the franchised outlet and the franchisees salary until a point of profit or approaching to ROI.

A few franchisees have complained and commented that franchisors use this data later on if there is a problem to their advantage when termination proceedings of the franchisee are initiated due to cause or breech of the franchise agreement such as non-payment of franchisee royalties.

These comments from franchisees about franchisors collecting financial data is interesting, I can understand this intellectual observation, nice point, and indeed they are correct that the franchisor would take this into consideration in dealing with any threats of lawsuits you might have with regards to risk/reward scenarios of picking its battles, wouldn't you if you were a franchisor?

These franchisees also complain about deception in financial disclosures, yet the franchisor gives you all their financial information right? Why, well because franchise buyers and their attorneys have demanded it and bureaucrats agreed. Now they wish to hide theirs so that the franchisor does not know how much money you have to fight them with?

Well, then they wish to use deception and trickery to bluff the franchisor into backing down because they might assume they have money to fight them with; so they are explaining the basic Poker Game of Texas Holdem'. Well then they are wishing to employ Deception to win? Right? So then why are they complaining about deception? Sounds like sour grapes, hypocrisy and turning the tables on the fact that they wish to lie and not allow others to lie to them.

And yet the Franchisor did not deceive them in anyway? Their argument is therefore null and void of reality; I cannot listen to that point of contention, so let's move on. Perhaps you will learn some interesting lessons from this topic of conversation.

Author Bio:

Lance Winslow

Currently Lance is retired at age 40 and is running an Online Think Tank Forum while traveling North America. Perhaps considering something extremely challenging to do that will exercise his mind and utilize all his experiences, observations and skills. Any ideas?

You can search for this article using: project management, risk management, small business administration, performance management
 
 
 

Related Articles

 
Selling for Concrete Cleaning Companies
 
Get Affiliated - How Affiliate Programs Work For You
 
So You Want to Be a Consultant
 
Professional Networking Tips For IT Consultants: Part II
 
Tips on How to Really Fully Customize Your Own Silicone Wristband: A MUST Read Before Ordering
 
Referrals
 
How to Start and Maintain Profitable Relationships
 
Team Building: Getting together to Win
 
The Growing Trend of Comparison Shopping on Your Mobile Phone
 
Sexual Harassment Policy Guidelines Part I
 
 
 
Home Page :> Security & Privacy :> ToS  
Copyright © 2006, www.bumpyjump.com