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open disclosure Tagged Articles
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A Look Back at All That Happened in 2008
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| 2008 was a very busy year. Astronology takes a look at the major happenings of 2008 and their implications on the human resource industry. |
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Other open disclosure Related Articles
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Investigating Franchise Offerings
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| Before investing in any franchise system, be sure to get a copy of the franchiser's disclosure document. Sometimes this document is called a Franchise Offering Circular. Under the FTC's Franchise Rule, you must receive the document at least 10 business days before you are asked to sign any contract or pay any money to the franchiser. You should read the entire disclosure document; make sure you understand all of the provisions. The following outline will help you to understand key provisions of typical disclosure document as well as ask questions about the disclosures. Get a clarification or answer to your concerns before you invest. |
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FRANCHISE EARNINGS CLAIMS – PART II
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| Franchise Earnings Information (Part 2)
Part 1 of this article discussed how current Ontario and Alberta law makes it difficult to provide franchise prospects with information about how much they can expect to make in any given franchise. In Part 2 of this article, Peter Macrae Dillon discusses the advantages and disadvantages of including earnings information in a franchise disclosure document and how to prepare earnings information for inclusion in a disclosure document.
Should we provide earnings information in our disclosure document? |
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Government Regulation of Franchises
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| In the United States, all franchisors must abide by the Federal Trade Commission's (FTC) Franchise Rule, which requires franchisors to prepare a disclosure document called the Uniform Franchise Offering Circular (UFOC ) / Franchise Disclosure Document (FDD) and give a copy of that document to prospective franchisees prior to their purchase of a franchise. |
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Do you know what you are Recommending?
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| It’s no secret I make money by recommending and selling other peoples products as an affiliate.
I try to be as open as possible about that fact and I actually have an “Affiliate Disclosure” page.
But I do have one strict rule. I only recommend products I have tried out and gained something from, myself.
Not too long ago I received an email from someone who invited me to partake in a joint venture for a product that was converting at 12.5%. |
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Be Open to New Ideas
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| It is easy to say "be open to new ideas" and most of us believe we have an open mind. Nothing could be further from the truth. We are all stuck with an enormous array of paradigms that limit our ability to see the possibiliies. To be really open minded is a skill that takes a lot of effort to develop. This article may help you see things from a different perspective. |
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NDAs Reduce Business Development Risk
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| Business Development is an equally exciting and risky endeavor. Protect your organization by executing a Non-Disclosure Agreement (NDA) prior to establishing relationships with unfamiliar vendors, potential partners, prospects, or investors. Use Demand Metric’s downloadable Non-Disclosure Agreement template as a starting point when drafting your various NDA documents. |
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State Franchise Disclosure and Registration Laws
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| The articles explains state franchise registration and disclosure laws and provides a 50-state anaylsis of each state as to whether the state has franchise disclosure and registration law and/or business opportunity law and a franchisor's obligation to register under such laws, the documents required to be filed, filing fees, review period and other filing information. |
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E-Mailing the Franchise Disclosure Document to Prospective Franchisees
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| Under the FTC Franchise Rule,a franchisor can deliver the Franchise Disclosure Document (“FDD”) electronically by e-mailing the FDD in a pdf form or mailing a FDD copied on to a CD-ROM to a prospective franchisee. The first personal meeting requirement has been eliminated. The prospective franchisee must have the FDD and Exhibits at least 14 calendar days before the franchisee signs any agreement with the franchisor or gives the franchisor any money. Electronic delivery of the FDD disclosure will save the franchisor substantial time and money as the cost of copying and mailing a Franchise Disclosure Document and Exhibits, let alone personnel cost, really adds up. The FTC estimates that the cost to copy and mail a disclosure document is about $35.00 each. The states having franchise registr |
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How To Investigate Franchise Offerings
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| Before investing in any franchise system, be sure to get a copy of the franchiser's disclosure document. Sometimes this document is called a Franchise Offering Circular. Under the FTC's Franchise Rule, you must receive the document at least 10 business days before you are asked to sign any contract or pay any money to the franchiser. You should read the entire disclosure document; make sure you understand all of the provisions. The following outline will help you to understand key provisions of typical disclosure document as well as ask questions about the disclosures. Get a clarification or answer to your concerns before you invest. |
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How to Be Open-Minded to New Ideas
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| If you have definite ideas about how things are or how they should be, you’ve probably had someone tell you to “keep an open mind.” Having an open mind is important to succeed in life. Embracing, or at least considering, new ideas and technologies is vital to our personal growth. Are you willing to consider someone else’s opinion? Can you look at facts that may seem suspect and analyze them without bias? If you’re open-minded, you can be flexible when met with new ideas. It means you can adapt to new experiences. Being able to think critically is a vital component of being open-minded. In our quickly changing technological world, it’s important to keep an open mind in order to keep up and stay current, rather than missing out on all the new things around us... |
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