Entrepreneur Magazine released this week its “Top 500 Franchises” List for 2015.
When you shop local businesses, don’t exclude franchises just because they are part of larger chains. Remember, the vast majority of franchises ARE small businesses.
The California Department of Corporations, which is charged with administering and enforcing California’s franchise laws announced that its restructuring plan has become effective as of today, and is now called the “Department of Business Oversight.”
In a Proclamation, Nevada Governor Brian Sandoval has declared September 1, 2012 as “Franchise Appreciation Day in Nevada.” In so doing, Nevada has become the first State to officially recognize franchised businesses and the positive effects they have on our community.
In “The Dark Knight Rises,” Bruce Wayne / Batman learns a valuable lesson about how dangerous complacency can be, as he is completely unprepared for the threat that is Bane. The lesson learned by Wayne is one that applies equally to franchise systems and other businesses: overconfidence and complacency can be hazardous to the long-term survival of the system.
Several news stories around the web today discuss the United States Supreme Court’s Ruling on the 2010 Patient Protection and Affordable Care Act and what it could mean for franchised businesses.