Franchising Stories
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"Lessees of new cars lacked standing to seek damages from Canadian and U.S. auto makers for conspiring to restrict the flow of cheaper Canadian cars into the U.S. market between 2001 and 2003, when the U.S. dollar was much stronger than the Canadian dollar, the U.S. Court of Appeals in Boston has ruled"
Ryan Noll, writing at Franchise Pundit, was a nice examination of the SBA failure rate for franchise loans:
"Below is the Small Business Administration's annual compilation of performance data on thousands of franchisee loans it has guaranteed covering loans made from October 1, 2000, to September 30, 2007. A "failed loan" below is when the SBA must step in and pay back a loan that it has guaranteed."
Raisenberry, writing at Pink Truth, talks about front loading in Mary Kay:
"The days after the Mary Kay seminar year end wholesale buying frenzy are a celebration for some and a painful chest constrictor for most others. The new year began at 6pm, July 1, because of the systems crash that happened June 30th according to Mary Kay InTouch."
Petrach, writing at Scragged, has a wonderful article on Equinox and the FTC:
"After all those years; all those millions and millions of fees paid to lawyers, receivers, investigators, counselors, and so on, not only was the "settlement" a tiny fraction of the overall losses recorded, but the only thing I ever got was a charge from my bank for a rubber check."
Over at BMM, Robert Purvin writes about the top franchise systems for fairness:
"Robert Purvin, chairman of the American Association of Franchisees and Dealers, discusses with Blue MauMau what franchisors provide the fairest franchise agreements and which ones have drafted the most oppressive. A franchise agreement is the legal document that establishes the conditions of the franchisee and franchisor relationship. The AAFD advocates collective negotiation of the agreement by franchise owners through their independent franchisee association to establish basic rights before any mishap occurs."
Finally, of interest to Canadian bloggers who sometimes make outrageous comments, the CBC reports that
"On June 27, 2008, the Supreme Court of Canada delivered a landmark 9-0 ruling that will have wide implications on free speech in Canada -- mainly, it will make defamation more difficult to prove in courtrooms because it expands the way it can be defended."
