credit-cards-talk.com

Compare Student Credit Cards Section

Newsletter

Subscribe to our newsletter to receive information on Credit Cards
Email:
First Name:






Compare Student Credit Cards Section

 

Compare Student Credit Cards Article

Franchising Companies Need New Franchisee Checklists

When franchise companies are moving fast in the market place they must pay attention to the details. If a franchisor fails to give the required items as outlined in the franchise agreement to the franchisees on the prescribed timeline they risk legal issues and regulatory issues. In addition even if they do provide the items on time, there is a chance later that a franchisee may claim that something was not provided and they will use this to break the franchise agreement, sue or file a complaint with regulatory bodies at the state level or even the FTC, Federal Trade Commission. But if you keep proper records and have checklists and monitor dates and deliveries you can win a law suit or force a regulatory agency to backtrack.

Below is a checklist we use in our Company, The Car Wash Guys, and as it turns out it came in handy as we had a regulatory agency attack us after false declarations and complaints were made. In fact had we not had these detailed documents and checklists in place with constant monitoring we would have been force to pay up to $800,000 in fines, as it turns out they settled out of court with us after seeing the facts. I recommend that you have a checklist in place for compliance as you cannot trust the regulators, lawyers, competitors or those who want something for nothing. Please be smart and copy this outline and modify it fit your business model and then make the supporting forms and documents to cover your company from dishonest humans and lawyers.

New Franchisee Checklist

Designated Territory

Name Statement

Business License

Chamber of Commerce Membership

Mailing Address/P.O. Box

Checking Account/Merchant Account

Pager

Credit Card Machine

Liability Insurance – Make initial payment

Health Insurance – Make initial payment

Truck With Body Modifications

Initial Equipment (See Attached Form)

Initial Supplies Inventory (See Attached Form)

Uniforms

Supplies

Stationary

Copy of Confidential Operations Manual

Computer

Computer Software

Microsoft Windows

QuickBooks 5.0

Proprietary Software

Printer

Computer Desk or Office Filing Cabinets

Training

Bonzai and Blitz Marketing Mission

Lance Winslow



 

Do you want to contribute to our site : submit your articles HERE

 

Compare Student Credit Cards News

How Universities Profit From Turning a Blind Eye - New University Online


How Universities Profit From Turning a Blind Eye
New University Online, CA - 11 hours ago
On Ring Mall, we are offered everything from Starbucks gift cards to pens and mugs in exchange for signing up for a student credit card. ...
Shenanigans: More than one kind of college debt Daily Nonpareil
The New Debt-Free You Canada.com
all 9 news articles

Read more...


Colleges profit from credit cards - CharlotteObserver.com


Colleges profit from credit cards
CharlotteObserver.com, NC - Jan 4, 2009
He said that the program was aimed primarily at alumni and the university would not include sharing student information in future credit card contracts. ...

Read more...


Credit crunch's impact worrisome as record commercial loans come due - Dallas Morning News


Credit crunch's impact worrisome as record commercial loans come due
Dallas Morning News, TX - 3 hours ago
It's also establishing a $200 billion program to help investors buy investment-grade securities backed by new car loans, student loans and credit card debt. ...

Read more...


Loose Change: Choosing a new credit card - Fort Worth Star Telegram


Loose Change: Choosing a new credit card
Fort Worth Star Telegram, TX - Jan 4, 2009
A good place to comparison shop for credit cards is the Web. Several useful sites sort through credit card offers and provide use and responsibility ...

Read more...


Hard-Hit Families Finally Start Saving, Aggravating Nation's ... - Wall Street Journal


Hard-Hit Families Finally Start Saving, Aggravating Nation's ...
Wall Street Journal - 2 hours ago
Over the years, they also built up about $11000 in credit-card debt and $40000 in student loans. But given the rising value of their home and of Mr. Capp's ...

Read more...