…WikiFranchise.org is to franchising.
Now we’re talking.
Once you understand the terms, most jokes can be understood by almost anyone.
That is what WikiFranchise.org does: with a little bit of your work, it lets you in on the joke.
Asymptote: In analytic geometry, an asymptote of a curve is a line such that the distance between the curve and the line approaches zero as they tend to infinity. Some sources include the requirement that the curve may not cross the line infinitely often, but this is unusual for modern authors.
A simple example:
I saw the power of manually adding up franchisee investor case studies in 1999.
When you give people too much information, they instantly resort to pattern recognition to structure the experience. The work of the artist is to find patterns.
In a sense, WikiFranchise.org is creative: a masterpiece rooted in thousands of peoples’ lives/experiences.
Some professionals hold fast to their word.
They continue to practice with integrity, dignity, grace and humour, often under extreme conditions.
If faced with insurmountable economic hardships, they choose to leave a field rather than sell-out their principles.
Bev Cline writing for the Globe and Mail attributes the following excerpt to a Sotos LLP partner:
Another concern is that franchisors will essentially be asked “to crystal ball gaze” into the future in creating the educational document, says Allan Dick, a franchise lawyer at Sotos LLP in Toronto. “Currently a franchisor has to disclose, through the disclosure document [as mandated by the Arthur Wishart Act], everything that is material to the opportunity,” says Dick. The disclosure document, he points out, “is not a ‘general’ document; it’s a very specific document for a specific opportunity for a specific franchise.”
So, in terms of the proposed educational document, Dick asks: “If the franchisee is relying on a franchisor who is being forced [in the educational document] to crystal-ball-gaze into the future, to provide information that the franchisor could not know, will this benefit the prospective franchisee?”
The point is that prospective franchisees’ immediate interest and goal is to “look for the best opportunity they can find to be successful in business,” says Dick.
The implied threat to politicians, always sensitive to job loss or creation, is in the last sentence.
In addition, if franchisors are held liable for predicting business prospects in an unrealistic way, says Dick, they may be reluctant to enter into certain markets in the first place.
Who are you going to trust?
— Thanks to This Isn’t Happiness
WikiFranchise.org is the only international, independent franchise-investor document repository.
It has proven over 18 months to be a bullet-proof safe harbour for information sharing. I choose what articles are included or excluded. I welcome all article, document submissions.
I do not like freedom of speech bullies very much.
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