Shipley Ireland’s Post

New Post: FTC Issues Guidance to Protect Franchisees - https://lnkd.in/gneUpjsp - The Federal Trade Commission recently issued new guidance to protect franchisees from certain fees and rules set by franchisors. There has been controversy in recent years regarding large chains charging undisclosed fees that make independent franchises less profitable, as well as the use of non-disparagement clauses that prevent franchisees from communicating openly with government regulators. In terms of the fees, the FTC said in a press release, “It is illegal for franchisors to impose undisclosed junk fees—fees that raise costs and which may make the difference between a profitable franchise and an unsustainable one,” the FTC said in a press release. These fees have become more commonplace in recent years, with many brands imposing technology or payment processing fees that were not disclosed in franchise disclosure documents. These fees are generally smaller than the larger expenses like royalties and marketing fees. But by not disclosing these to potential franchisees early in the process, brands can make it more difficult for independent franchisees to turn a profit, particularly in industries with tight profit margins like food service. The second element of the FTC’s recent guidance essentially clarifies that it is not legal for brands to include contractual terms with franchisees that bars them from talking to regulators under the guise of non-disparagement clauses. FTC Chair Lina Khan said in a statement, “Contractual terms prohibiting franchisees from reporting potential law violations to the government are unfair, unenforceable, and illegal.” Essentially, both of these changes improve franchisees’ transparency. It increases transparency in the fee structure so that franchisees can make more informed decisions throughout the process. And it allows franchisees to be more forthcoming with federal agencies if they believe their franchisor is breaking the rules. Many franchisors were already following these practices. But those that weren’t will now need to change their processes going forward. Image: Shutterstock This article, "FTC Issues Guidance to Protect Franchisees" was first published on Small Business Trends - #news #business #world -------------------------------------------------- Download: #Google #Font #Tester - https://lnkd.in/gKAZYbVN

In today's competitive market, it's easy to focus solely on rates and pricing when bidding for work. But sometimes, the true value of a partnership isn't just about cost — it's about trust, reliability, and the strength of the relationship. Recently, we were awarded additional work from a long-time client, despite our rates not being the most competitive. So, what made the difference? It was the relationship. Over time, we’ve built a foundation of open communication, mutual respect, and a shared commitment to achieving the best results. Our client knows they can count on us not just to deliver, but to collaborate and problem-solve when challenges arise. In turn, we've developed a deep understanding of their needs and have always been flexible in meeting them. In an environment where pricing can fluctuate and budgets are tighter than ever, the importance of strong working relationships cannot be overstated. While we’re always committed to providing excellent value, the ongoing partnership and trust we've built with this client were key factors in securing continued work, even when our rates weren't the lowest. This experience reaffirms the importance of focusing on building lasting relationships over simply offering the lowest price. Relationships are the bedrock of long-term business success. We’re proud to be the trusted supplier of choice for this client, and we look forward to continuing to grow and succeed together. #BusinessRelationships #CustomerTrust #LongTermSuccess #QualityOverPrice #Partnership Well done to all the team at Assured Traffic Solutions Ltd! Connor Purdue | Matthew Jones | Stu Chance

If you’d like to raise your prices, but: Are afraid losing customers…and revenues. Aren’t sure when to raise prices or how much to increase your prices. Aren’t sure how to communicate a rationale for your price increase. Then this Pricing For Profit MasterClass is for you. You’ll not only get answers to these questions, you’ll develop the 5 elements of a premium price strategy that affords you greater profits with fewer sales…with customers that enjoy. Click on https://lnkd.in/gUgnzucN for details of the benefits you’ll gain from the Pricing For Profit MasterClass. Only six slots available, REGISTER NOW! 

Genuine, authentic connections are so valuable, and that's what the Broker Carrier Summit presented by TAFS, Inc. is all about. Find a way to get to Fort Worth next week and meet an incredible group of motor carriers, truck drivers, freight brokers and technology & service providers.

Partnerships must have purpose. It might seem enticing to partner with another company that is doing something new, innovative or buzzworthy to stay ahead of the curve or add credibility to your organization. But the decision to marry your business interests and share your customers must be a thoughtful one. Deciding to partner with another organization means investing time, energy and resources into sharing parts of your business – on both sides. That’s why it’s crucial to make sure the benefits are twofold: mutually beneficial for your businesses but more importantly, valuable for your customers. At McLeod, when we decide to partner with another company, it’s not just for marketing or referrals or industry clout. Our partners’ solutions become deeply integrated into McLeod’s solutions because it’s better for our customers. Our customers come to us for our industry-leading TMS solutions – and then they have the optionality to leverage more purpose through our partnerships. They can choose from any of the niche providers we partner with that meet their needs and know they’re getting a fully integrated solution without having to do additional legwork. We could choose to develop these niche solutions ourselves but that would dilute the core of what we offer our customers. Instead, we choose to build the best possible TMS solutions and find the best partners to provide the other wants and needs of our customers.

If you have ever considered getting into the quick service industry, this is helpful information.

Strategic Insights For Selling Your Liquor Store To Maximize Your Profit Our expertise in the industry positions us to offer valuable guidance that aligns with your financial and entrepreneurial goals, ensuring a smoother transition and profitable outcome. https://lnkd.in/dhVw2MAv

Really valuable information for SMEs.

𝗠𝗮𝗸𝗶𝗻𝗴 𝘁𝗲𝗻𝗱𝗲𝗿𝘀 𝗮𝗻𝗱 𝗯𝗶𝗱𝗱𝗶𝗻𝗴 𝗲𝗮𝘀𝘆 Each week I share a tip, designed to make your journey of growing your business by selling to the public sector easier. If you want to sell to organisations within the Scottish or Welsh Public Sector ensure you have a Supplier Finder Profile published on the Public Contracts Scotland portal or Sell2Wales portal.

How to Increase Prices Without Losing Customers #business #businesstips