Category: Commerce

Oct 27 2008

No Big Franchising salary > U.S. president’s

The President of the United States makes $400,000 plus benefits and that seems a fair wage for someone with an MBA.

Until thing get sorted out, all CEOs (private and public) should voluntarily limit their remuneration to that equal or less than $400,000. And no golden parachutes, options or other BS.

That goes for all of Big Franchising’s CEOs:

  • Franchisors (business format and product),
  • franchise bar,
  • bankers,
  • suppliers,
  • sales agents, and
  • media.

Oct 25 2008

Can litigation be used to gag New Zealand franchisees?

I dislike when anyone tries to decrease freedom of speech, especially on the internet.

  • Maybe it’s because I was sued [1, 2, 3 & 4] about this very issue, that I am fairly touchy about the subject.

Right and wrong has nothing to do with it: Whoever has the gold, makes the rules.

Since Australia and New Zealand are in the franchise regulation news lately, here are three August 2001 articles from Jon Stephenson of The Independent that illustrate how little distinction some franchisors make between fundatmental human rights freedoms and their ability to control their message.

Read more »

Oct 24 2008

Don’t Quote Me (On the Financial Markets)

Given the current state of the world’s financial markets, we could not find a better quote than that provided, back in July 2007, by Liu Mingkang, the Chinese banking regulator:

 

“Only when the tide goes out can you see who is swimming naked! It is essential to take measures in good time”.

 

Indeed!

 

Perhaps, as he was referring to risk in the Chinese system, he was already taking those measures…

Source: ChinaBusinessServices.com

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