Just Other Articles

Recently the Federal Trade Commission put forth a franchise report for possible rule making. In the report is offers possible law changes, which will screw over small business. Isn’t this so typical of the Washington DC bureaucracy with their fingers up everyone’s you know what? The

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

Federal Trade Commission appears to want to revamp the franchise rule and effectively crush small business franchised outlets.

The biggest issue now in American Commerce is how can small businesses compete with the larger Box Stores? Well, through economies of scale, small busine

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

s co-ops and franchising. But if franchising is inhibited in the market place you have in fact eliminated the competition of the giant corporate box stores. Yet small business employs over 70% of our economy. So further regulations on franchising and incessant over disclosure (19

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

-230 page UFOCs) doesn’t help anyone as it causes the following;

Over Disclosure creates barriers to entry into the franchising field for franchisors, who have a mortality rate of 5:1 in the first five years already, yet the Federal Trade Commission claims to be pro-competition? BS

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

it is total protectionism, helping larger corporations against entrepreneurship. If no new industries get a foothold the older industries like text tiles, mining, steel will slowly dwindle with no new venues to buy up or expand into. Without new industries starting and with old o

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

es maturing and dying we cannot have a healthy economy. The $25-35K to prepare documents and the $20K to stay registered in Franchise Registration states and the $45K for yearly audits does not allow for future Ray Kroc, built from scratch entrepreneurs. They cannot succeed, build

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

nd continue; today even well financed ones have issues. (i.e. Shlotskys Deli, Krispy Creamed).

Over Disclosure decreases jobs in the private sector due to fewer new entrants. Forcing lower wages in box stores and further diminishing the middle class, whose buying power is supporti

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

g the whole world’s economies and helping new nations realize freedoms and human rights.

Over Disclosure decreases tax base; Less Jobs and commerce mean less tax base for government agencies meaning the Federal Trade Commission has less budget (Ah ha, finally good news, at least al

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

this over regulations will help reduce government bureaucracy as you people at the Federal Trade Commission will no longer have jobs, great you do not deserve them!).

Over Disclosure decreases competition in the market place and reduces consumer choice. Forcing people to buy a one

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

sizes fits all product lines, which is most likely made outside the US.

Over Disclosure destroys communities as individual franchised units are small businesses which support communities, where as large corporate stores often do not join local committees, service clubs, make donati

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

ns, or participate in local events, chambers of commerce and support local sports teams like soccer, little league, high school bands and Boy Scouts (Oh, whoops, I am not allowed to say that as some people at the Federal Trade Commission do not like Boy Scouts because of their perso

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

al sexual preferences, instead wish to hold that against the kids, so strike the American Apple Pie example of the Boy Scouts, we do not want to hurt anyone’s feeling?). Large Corporations during down economic times are the first to cut such things from their budgets if in fact the

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

have such programs at all. Some do, but comparatively speaking not as large a percentage of gross sales as small businesses, which most franchised outlets are.

Over Disclosure hurts those who wish to own a business of their own as part of their American Dream because franchisors

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

ave to raise fees and therefore fewer Americans will qualify to buy franchises. It is the same scenario as home ownership for young couples, raise the price of the house a few thousand dollars or the interests rates a couple of points and all of a sudden the dream vanishes as they

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

annot qualify. In the case of franchisors that savings to the buyer, that extra money would have went to attorneys, yet these lawyers have hyper-inflated the costs associated with franchising and cannot seem to understand why franchise litigation and legal services are not as good

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

s days gone by? Well it is quite simple. There were 6000 franchisors in the 80’s, less than 2000 active today. Ever ask yourself why? Over regulation, lawsuits and a complete misunderstanding of how franchises work by state registration departments and those fine folks in govern

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

ent over at the Federal Trade Commission who are so easily manipulated by lawyers.

In fact there is only one group in the entire world who is well served by over regulation and that is the lawyers, that self-serving group who actively manipulates the rules in franchising. The Fede

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

al Trade Commission is obviously in bed with the lawyers and we know that most of Federal Trade Commission employees in the franchising division will go on to work for the very law firms making comments on this rule. How perfect is that? Wonderful, well for everyone except the:

C

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

nsumer

Citizens

Country

Franchisors

Franchisees

Economy

Entrepreneurs

Free Market

Think about it America, isn’t it time we asked our Congressmen to cut the budget of such a bureaucracy, if they cannot even manage a small group in a small department of a small agency in the J

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

stice Department? Why would we all allow the United States Justice Department’ Federal Trade Commission’s Consumer Protection Division’s Franchise Group get away with such atrocities to the health and welfare of our nation’s small businesses? Thanks for listening, think on it for me

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.justotherarticles.org.ua/article/4845/justotherarticles-Federal-Trade-Commission-Screws-Over-Small-Business-Again.html">Federal Trade Commission Screws Over Small Business Again!</a>

BB link (for phorums):
[url=http://www.justotherarticles.org.ua/article/4845/justotherarticles-Federal-Trade-Commission-Screws-Over-Small-Business-Again.html]Federal Trade Commission Screws Over Small Business Again![/url]

The historical cost principle stipulates that the price actually paid for assets and operating expenses must be brought into account in the accounting process. The price of an item is the amount asked or paid for it.

China, the world's future super power, is slated to build four nuclear power plants with the help of the U.S. based Westinghouse Electric Company and the Shaw Group Inc. The value of this deal ranges from $5-8 billion dollars and will help the U.S. in their $202 billion dollar trade deficit with China.

Have you talked to your co-workers about making a change but another month passes and nothing changed at all? Here is how you can make successful changes that will put efficiency and comfort back in strained work relationships. These ten tips on Change talking tips will help transform your warring co-worker into a willing and involved team player.

Tags

Links

Just Other Articles - Federal Trade Commission Screws Over Small Business Again!

Related Articles: