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What is the Franchise Ufocs Role
Learn more about the UFOC before buying a franchise. Franchising is a contract system between two parties-the franchisor and the franchisee. As with any contractual agreement, there are legal documents and agreements that must be followed by both parties. The first of these documents is called a UFOC, or Uniform Franchise Offering Circular. Essentially this document is a disclosure of specific types of information that the franchisor must present before any agreements are signed.

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Eligibility Size Standards
SBA defines a small business as one that is independently owned and operated and not dominant in its field. A small business must also meet the employment or sales standards developed by the SmallBusiness Administration and based on the North American Industry Classification System (NAICS). In general, the following criteria are used by SBA to determine if a concern qualifies as a small business and is eligible for SBA loan assistance:
Leased or Fleeced - The Invisible Side of Leasing
The North American equipment leasing market exceeds $500 billion in annual sales. Canada contributes $60 billion of this rapidly expanding total. Hundreds of leasing transactions are finalized daily, featuring a multitude of rates, terms, conditions and transactional structures. Interestingly, in spite of the profound impact that such financing has, few managers fully understand all of the aspects and implications of a lease contract.

An Overview of the UFOC Franchise Disclosure Requirements
This article provides a point form summary of the information required to be disclosed by the Uniform Franchise Offering Circular requirements established by the North American Securities Administrators Association. peter macrae dillon Siskinds franchise franchisor franchising lawyer attorney Toronto Ontario Canada www.franchiselaw.ca
Why Ontario Should Get Active in NASAA -- Franchise Lawyer Canada
This article examines the reasons why Ontario should become active in the North American Securities Administrators Association, a body composed primarily of US regulators that has done much to promote the harmonization of franchise laws in the United States. peter macrae dillon franchise franchisor lawyer attorney Toronto Ontario Canada www.franchiselaw.ca
5 Tips For Starting A Home Based Business
Today, more and more people are fighting a trying economy and looking for alternative ways to make a living from home, saving on transportation and child care costs in the process. And, according to recent surveys, nearly half of all adults just in North American alone have wanted to start their own home based business, but only a small fraction of them will act on their ideas, and even a smaller number of those who do will know where to begin.
The Electric Car
Quite rare and somewhat quirky in appearance, the electric car will take on a much more visible role on North American streets and roads in the next few years. Beginning in 2010, electric cars will capture a continuously increasing share of the motor vehicle market. How did we get here and what should we expect?
Brokers, Dealers, Private Lenders, and Venture Capital
A broker is defined as anyone who makes securities transactions for others. (The exception to this is a bank.) A dealer is defined as someone who buys and sells securities for their own account, through a broker or otherwise. Most entrepreneurs are looking for start-up capital and for someone else to raise capital for them on a straight commission, with no up-front fees. Only registered broker dealers, and Bona Fide employees, can legally solicit/sell securities for a company on straight commission, with no up-front fees. They always charge an up-front retainer, sometimes called due-diligence fees, before commencing. This fluctuates depending on the complexity of the transactions. Most brokers/dealers avoid startup and early stage companies. A Bona Fide employee cannot be paid commission from the sale of securities.
The Importance of Due Diligence When You Buy a Franchise
Due diligence, which is originally coined in reference to the Securities Act of 1993 of the United States, is a legal term that has taken a more legal meaning for the last seventy years. After the stock market crash of 1929, brokers were obliged to follow detailed steps before they can sell securities such as bonds and stocks to investors. Among the causes of the Great Depression was the lack of proper control on Wall Street but now, a lot of things have changed.
How Total is Your Quality Management?
Many well intentioned "Total Quality Management" improvement efforts aren't working. In their international study of Total Quality Management practices, the Conference Board of Canada found one study which showed that "seven out of ten North American companies fail in their attempt to execute a total quality strategy".
The role of kids in their first cell phone purchase decision making process
Recently conducted study explored the role of North American kids and their parents in the cell phone purchase decision making process. The main objective of the study was to identify barriers and motivations of the first cell phone purchase for kids, explore intentions to buy and pricing expectations.

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