The franchiser no longer has the option of using electronic signatures and electronic UFOC distributions, that is a requirement. Electronic UFOC allocation keeps your privileges competitive, as well as saving time and money.
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Electronic signature, digital signature, UFOC, IFA, e-ufoc, eufoc, electronic ufoc, ftc ufoc electronic, privasign, international franchise association, Federal Trade Commission
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In today's world, time is very important, if not all. To prepare the time, to market the time, to close the time, to roll out the time, most of the many other time-related events, franchise ben franchises for more than 25 years In order to comply with the uniform franchise that provides the circular ("UFOC") law, the burden, or perhaps the obligatory word, over this 25+ year period, the UFOC changes dramatically and manages its function and purpose Legal institutions have also changed, but one thing has remained constant over these years
They are super high incredibly expensive to create and distribute and are extremely incredibly expensive to store and audit. UFOC is one of the single largest costs facing a new franchise, and there is an inexpensive and more effective way to do business for the first time. It's legal, safe, secure, it is encouraged, makes existing privileges more effective, and lowers barriers to entry for new franchises. This revolutionary technology has only been available for 135 years, so it is about about time that allowed the legislator to take advantage of savings. What is this new technology you seek? It was captured e-signature, New Hampshire was the first court system to govern the validity of the e-signature in 1869, it is related to the telegraph
Companies and courts in the 1980s started asking this same question, and there was a fax machine. Facsimile has regained rolling of the e-signature ball on business bribery, but the Internet takes it to a legitimate level of business use. Everyone has access to the internet. Hundreds of millions of public libraries, schools, businesses and homes have Internet access available to them on demand. Although the fax machine was certainly popular, it has never widely spread use and features the internet, hence the use of the Internet electronic signature
Privileges may send UFOCs electronically to potential franchisees. They may do this by building an internal delivery system. Delivery methods vary depending on the size and nature of the franchise, but the goal is the same, reducing costs and reducing time to complete the business. Any franchise not actively looking for an electronic UFOC delivery service is about to be left behind. Electronic delivery shortens the sales cycle by allowing privileges to begin 10 day waiting time quickly and adds market by reducing the cost of entry
Franchisers that include electronic UFOC delivery save money and time in a number of ways. Look at the following chart.
Cost associated with 150 pages of paper UFOC
(1) 150 + ink + paper + printer = consumption of $ 3
(2) Coupling = $ 1
(3) Out-of-band overnight shipment = $ 20
(4) Inbound overnight shipment = $ 20
(5) One-year storage using a 150 page government estimate = $ 19
(6) time for labor @ 2 total process-= $ 40 send and receive
(7) 2 day opportunity time for best delivery option = $ unknown
Total cost of using paper = ($ 103.00)
Costs Associated with Paperless UFOC Using Electronic Signatures
15 minutes for total process @ labor = $ 5
Send file electronically = $ 5
Delivery is not immediate = lost opportunity cost
Total Cost of Paperless Transactions = ($ 10)
Using electronic signatures, total savings vs. paper = $ 93.00 per UFOC
The FTC is aware of the company's electronic signature on multiple informal staff's opinion papers issued by complying with these services, the current FTC rules. <a href="http://privasign.com"> PrivaSign.com </a>, <a href="http://privasign.com/laws-cfr-ftc.asp"> http: // privasign. com / laws-cfr-ftc.asp </a> is one of the companies that received such an opinion and additional companies can be found at <a href = "http: // www .ftc.gov "> http://www.ftc.gov </a> website. By using electronic signatures and UFOC delivery services, like PrivaSign, franchisees offer their UFOC's and capture hundreds of months of new business capture
The late franchiser loses business to a faster, more aggressive privilege to match new electronic signature methods. An approach to franchisers who is familiar with the technology that can send materials quickly and in a timely manner-win business. Today's Franchise world perspectives generally look at multiple franchisers previous choices. Thus the fastest response time to get a potential franchisee business and the first chance that a franchiser has more likely line wins more likely
The distribution of electronic UFOC combined with a valid electronic signature capture service is the right choice for virtually every franchiser. Explore the market, and the cost savings, time savings and efficiencies gained using your electronic signature technology are worth the effort.
By:
Jason McKay
Why Easy Contract You Can Save Your Bacon.
Every business owner says that; "Do I really need a contract?" The answer is "Yes, yes, yes!" The contract is a purchase insurance business deals.
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Contract, contract
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Every business owner says that; "Do I really need a contract?" The answer is "Yes, yes, yes!" The contract is a purchase insurance business deals.
What is a contract?
Simply put, a contract is a forceful contract between two or more parties. A contract contains the promises made by the parties mutually legally known as “the value.” These promises define what happens if the business relationship does not resolve, and also the relationship that will be accepted. . If one party does not act in accordance with the promise, they may "break" the contract and be liable for damages. Damages are generally equivalent to those received by the non-infringing party if there were no breaches.
Oral contract v. Written contract
Go to a party with friends and meet someone who is interested in your product or service. After all, you agree to give him 1,000 units of your product in exchange for a discounted price. You have created what is known as an "oral contract". "The products he promises to order and promises to offer them at a discounted price. What's the deal worth? Unfortunately, the answer is probably no. Why? Most? States can not enforce oral contracts if they have an inherent value of more than $ 500. It is very difficult to establish the terms of oral contracts in a dispute, so the legal system tries to stop them In fact, this legal restriction is commonly known as the "Scam Act". "
Back to our example, what were you going to give a 10% discount and if he thought it was 20%? If you can't do anything there is a discounted product that offers problem solving and claims. You submit a dispute to the court about which party the judge or jury believes. Are you really willing to take that bet?
Even with a simple contract, you can create a phrase that includes the language that you are giving a 10 percent discount. If the dispute ends in court, you will be asked if his signature is below, the terms will be read, and you will win. The contract must also contain a phrase that requires a "successful party" to be reimbursed for their attorney fees and costs. In short, he has to pay your legal bills as well.
The additional benefit of using a written contract is an element of due diligence. I realize that being shocked to learn that there is an unethical business. In contract negotiations, very specific requirements are stated in writing. What if you start squirming other parties? Billboards also carry out debts. May you give a pause before committing to tying up your inventory? Finding this information ahead of time can save you a lot of headaches.
In summary, even a simple written contract should be a mandatory bullet for your weapon. As is, the business case of having a nice car insurance is away from the deal.
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