Monthly Archives: September 2010

Gag orders distort & defeat rational investment decision making

Franchising is as healthy as its secrets. Confidentiality agreements are used promiscuously: pre-sale (when looking), at any cash payment for “wrongs” during the relationship, at renewal, at listing of business for sale, when you exit, and at any lawsuit end. … Continue reading

Posted in Confusion & Deceit, Greatest lies are told in silence, Obedience to authority | Tagged , , , , , , | 1 Comment

Would it be better to have no legislation? That’s a no-brainer.

The public hearings that led to the Ontario Wishart Act (Franchise Disclosure), 2000 started on March 6, 2000. The first expert witness was Ms. Susan Kezios from the American Franchisee Association (her testimony, above to right). Mr. John Sotos was … Continue reading

Posted in Lawyers as businesspeople, McLaw: Make-believe fairness, Ontario Arthur Wishart Act (Franchise Disclosure), 2000, Opportunism | Tagged , , , , , | 3 Comments

A spy upon your insatiable greed.

Diogenes of Sinope (Greek: Διογένης ὁ Σινωπεύς Diogenes ho Sinopeus), was a Greek philosopher and one of the founders of Cynic philosophy. Also known as Diogenes the Cynic, he was born in Sinope (modern-day Sinop, Turkey) in 412 or 404 … Continue reading

Posted in Big Franchising | Tagged , , , , | Leave a comment

There is no disease I spit on more than treachery.

Aeschylus (Greek: Αισχύλος; c. 524/525 BC – c. 455/456 BC) was the first of the three ancient Greek tragedians whose work has survived, the others being Sophocles and Euripides, and is often recognized as the father of tragedy. His name … Continue reading

Posted in Shame - Humiliation | Tagged , , , , | Leave a comment

Engineers study and fix system failures

You learn much more from failures than you learn from successes. Ask any pathologist or engineer. I do my best work in small groups with an engineering focus. Great engineers are few and difficult to take in high doses because … Continue reading

Posted in WikidFranchise.org | Leave a comment

The case for repealing disclosure laws

Any law exists because those most able to compete for it goes to the political process and wins. This is how the Ontario franchsie law went in 2000. I was there. Everyone’s interests were served very well, except the powerless: … Continue reading

Posted in Lawyers as businesspeople, McLaw: Make-believe fairness, Negroes: House and Field, Ontario Arthur Wishart Act (Franchise Disclosure), 2000 | Tagged , , | 1 Comment

Canada is where franchise miracles happen

Is all darkness in his heart, But for the glow of her nightgown, Through the dark. Everything has a cost, though. The Hard Canadian, Gord Downie and the Country of Miracles The Hard Canadian He don’t have much to say … Continue reading

Posted in Emotions | Tagged , , , , , | 2 Comments

WikidFranchise helps experts classify franchise systems

On a Scale of 1 to 7, How predatory is this system? Or that one? Due diligence (mandatory, from a certified service provider) is necessary if you are entering a franchise agreement because of the many hidden business risks. Source: … Continue reading

Posted in Paid services, WikidFranchise.org | Tagged | 1 Comment

Private equity freaks are savages

Hatched in the dark so they can survive sunlight. Heads-up to franchisee vegans when the PE guys show up for dinner (ie. your family’s equity): get some MBA-type advice because your franchisor is was  a pussy cat in comparison. Thanks … Continue reading

Posted in Opportunism, Private Equity piracy | 2 Comments

Time changes the meaning of words within agreements

All words change over time (success). Other words change and deepen (us). Can’t get enough of classic Canadian early-70s music, especially the Montreal sound. I’ll take any million records sold, one-hit wonder career: any day. Huge in Japan: 400,000 sold … Continue reading

Posted in Emotions | Tagged , , , | 2 Comments