Lately, the Maryland State Legislature considered it sensible to demand more revelation than is already demanded by law and a full inspection of each franchisee of every company, which was franchising in their state and offering jobs and tax base. It is the usual matter stupid politicians practice once they have no hint as to how free enterprise patterns function. There should be an examine for all Mary land State legislators and lawyers on the true pattern of the market place. The enterprisers cannot construct as rapidly as the lawyers and bureaucracy is creeping on us. Caesar was smart, perhaps we should stick with his thought procedure about this one. Here is an excerpt of a letter, I, an enterpriser had to write the legislature to get that imbecilic thought got rid of in committee which was suggested by some unintelligent politician there. Consider it carefully:
“. . . the active market will offer more occupations and the estimable franchisors through achievements will gain the Maryland franchise consumers reliance and develop and the unlawful ones will leave the market place. This Bill is standardized as establishing a Law to keep off International Terrorism such as ” It is permitted for anyone to fly a plane into a construction.” For real, that is already a law, but did that cease the International Terrorists? Franchise registration laws in Maryland duplicate The FTC little franchise acts at any rate. The laws are already recorded and are causing harm for Maryland in actually several Maryland franchise methods. More might kill it and for sure demolish the limited business sphere of which 68% of our population is applied, that’s true and you believed the government employed all people didn’t you?
Have you ever attempted to employ a CPA firm to inspect something? Allow me to apprize you that the franchise disbursement today is a bit over double that of a few years ago after 9-11. With Arthur Anderson leaving the market place there are more limited firms desiring to inspect franchises. Misapprehensions and skips insurance are triple of preceding years, more limited firms actually scrutinize really few small firms even seek the business any longer. Acquiring matching surveys for legitimatize audits disbursements bundle as well and as there are fewer due to over ordinance in their accounting Maryland franchise field it demands twice as long to get your audits back implying you might not be able to abide by in the right time frame for franchise renewal, therefore you are trying hard to lead off new lines of work, franchise outlets, till they are arranged.
If all franchisees had to be inspected in your state of all formulas can you think of how many inspections that would be? Believe it or not, Maryland with such wide range of accountants as they bear does not even have sufficient to scrutinize all the stores and there is now a deficit of skilled auditors who have the suitable insurance around and soon there will be even fewer. I need to know if Mary Ann (the Maryland franchise presenter of this piece of legislation) has a husband, brother, sons, daughters which are CPAs, if so I think I should scream bloody murder in all media outlets. I recognize something different here? Is it dispute of benefit?
What is actually behind this, this does not seem good; a Democrat against jobs? I am not actually attacking Democrats and I think they are not offending limited lines of work, consumers or jobs? Then why attack small business (franchisees) , are all limited Maryland franchise lines of work? Why are you doing this, really?
Why are you attempting to attack Maryland in the middle of a slump, this actually seems like a terrorist form maneuver to me leastwise this is my view about this. Are you actually intending to support this Bill?