Why not get a jump-start on your resolutions early this year and decide to change your direction in 2014. There are countless opportunities that will provide a very good source of revenue and allow you the flexibility to live the life you’ve always dreamed of. Continuing with our Picks for 2014, here are some top Business Opportunities for 2014.
Ah…this is the time for New Year’s Resolutions and they are lurking right around the corner. Like most of us, you may be tired of what you are doing in your life and long for a change. What are your dreams for a victorious year? Why not change you destiny and consider owning a franchise.
According to the recent franchise industry update report provided by the International Franchise Association (IFA) that was prepared by IHS Global Insight, mid-year economic growth has weakened, mostly due to ripples caused by an overly mild winter. Overall, forecasts for real GDP is showing growth just above 2%.
In response to changes in technology and market conditions, after 12 years of rule making proceedings on January 22, 2007 the Federal Trade Commission approved (by a 5-0 vote) a substantially revised FTC Franchise Rule (16 C.F.R. Part 436), our only federal franchise sales regulation. This regulation (the "New Rule") has been significantly modernized for the first time since October 1978 (the "Old Rule"). In support of the New Rule, the FTC published a Statement of Basis and Purpose. It sets forth the agency's rationale for many rule changes and provides detailed explanations of the New Rule's requirements. The New Rule becomes effective on July 1, 2007, when franchisors may (but need not) provide prospects with franchise disclosures in accordance with its terms. Compliance is mandatory on...