Surprisingly, we prove that even though a franchise (charge-back) contract induces the first-best effort from the manager, it is not always the best choice for the firms as it may lead to inferior profits for them.
Instead, it has turned to franchising, charging store owners royalties of 4.5percentt of their sales.
#drought12 — Emily Weinstein The Vancouver Sun: The Vancouver Cocktail, once lost to memory, is now enjoying a comeback in its hometown, and beyond. Robert Simonson New York Post: A law suit filed by former store franchise owners charges that Dunkin' Brands has discriminated against African-Americans by giving white franchisees premier locations, while steering minorities to marginal neighborhoods.
But with students at Saylor U. -- he actually has not come up with a formal name, but says it will have "dot-com" in it -- requiring nothing more than a computer to enroll, his effort would take online education a step further, undermining a university's very franchise in charging admission for access to knowledge and expertise.
"Our democracy should be about expanding the franchise, not charging an entrance fee.
"Our democracy should be about expanding the franchise, not charging an entrance fee," Clinton said in a statement upon releasing her plan.
They started the Ridgefield, Conn.-based company in 2008, when they were looking to add services to their existing landscaping and irrigation businesses -- since then, they've turned We Do Lines into a successful franchising company, which charges a franchise fee of $25,000 and helps franchisees learn the line business at We Do Lines University.
But, having set their minds on privatisation, the least damaging thing the government could have done back in the mid 90s would have been to simply float shares in British Rail or, failing that, create four regional franchises in charge of both trains and track – the system that existed before nationalisation in 1948.
Unlike most franchises, which charge a royalty based on revenue, 7-Eleven takes about half of the franchisees profit.
Tina Kelley (NYT) MANHATTAN: KARATE SCHOOLS SETTLE The owner of New York's largest karate school agreed yesterday to pay $195,000 in penalties and costs to register the school as a franchise, settling civil charges brought by Attorney General Eliot L. Spitzer, pictured.
