Seeking Reader Sightings on the State of Flyover
The US is a large and often very disparate country, yet the parts we hear about the most are the parts that are most the same. …
The Biggest Reset Looms for Corporate Credit Market
Banks sell them to loan mutual funds, or they slice-and-dice them into structured Collateralized Loan Obligations (CLOs in short) and sell them to institutional investors. …
Why Trump Is So Clumsy About Fighting ‘Free Trade’
According to media, President Trump announced last week that he plans to impose 25 percent tariffs on imported steel and 10 percent on imported aluminum. …
Stock Buybacks Hurt Workers and the Economy
Workers, innovation, and productivity all suffer when corporations spend their new U.S. tax breaks on stock buybacks. …
SEC Stymies Plans to Offer Bitcoin Funds Anytime
Just last week, the SEC confounded these expectations, by asking sponsors to withdraw proposals to offer ETFs based on bitcoin futures. …
Shareholder Proposals Target Climate Change Risk
Actual voting data seems to confirm the study; many shareholders are coming off the sidelines on environmental and social shareholder proposals. …
Artificial Intelligence and the Stability of Markets
Artificial intelligence (AI) is useful for optimally controlling an existing system, one with clearly understood risks. It excels at pattern matching and control mechanisms. …
More Signs of Private Equity Market Frenzy: Firms Selling Stakes
The article also touted infrastructure as a new growth area. But as we’ve written, infrastructure deals are getting a deserved bad name in the US. …
Silicon Valley Rejects Shareholder Value Theory
These were not top-tier b-school alum; they were writers, computer programmers, online forum moderators and ended up owing a fortune. …
Mutual Funds Cut Uber Valuation by as Much as 15%
Since then, the reports from the Uber side as to where SoftBank stands have kept shifting, and its allies can’t keep their story straight. …
Private Equity Firms Sued Over Retailer Bankruptcies
Gymboree’s June bankruptcy filing occurred days after it couldn’t make a semiannual interest payment on debt dating back to Bain Capital’s $1.8 billion 2010 buyout. …
The Retirement Wealth Inequality Machine
Thus, how such programs are set up and administered is likely to merely expand financial asset management fees while collecting taxes and penalties to boost the treasury. …
How Cuba Became a Biopharma Juggernaut
More recently, the CIMAvax-EGF vaccine for lung cancer became the first Cuban biopharmaceutical product to carry out clinical trials on American soil. …
Time to Stand Up for Dumb
Let’s start out with a smart device undershoot that seldom gets mentioned: e-books. E-book sales fell in 2015 and fell even more in 2017 as both paperback and hardback sales rose. …
Wizards and Prophets Face Off to Save the Planet
Ideally with nuclear power, because it has the smallest footprint of any low-carbon source, but you could also have giant concentrated solar plants and that sort of thing. …
Mastercard Pushes Biometrics, Banks Follow
Mastercard has set a deadline for widespread use of biometric identification for its services across the whole of the EU: April 2019. …
Don’t Want a Robot to Replace You? Study Tolstoy
You get constant practice at it. There’s no way to read Tolstoy without extending empathy on page after page with one character or another. …
South Africa Springboard to franchising in Africa
The Franchise Association in South Africa (FASA), a long-standing member of the World Franchise Council and the oldest and most established Franchise Association on the African continent, has spearheaded growth into the rest of Africa with the establishment of the Pan African Franchise Federation. The inaugural meeting, held in 2013, was attended by delegations from Egypt, Ethiopia, Mauritius, Tanzania and Nigeria and is held each year alongside the International Franchise & Entrepreneurs Expo (IFE 2013) held in Johannesburg, South Africa. According to Vera Valasis, Executive Director of FASA, the time is right to bring African countries together to explore the …
Growth of franchising in South Africa
Franchising in Africa as a whole has a long way to go to becoming a primary business format but South Africa has enjoyed franchise success since the early 1960’s and leads the way in franchise development in Africa. FASA has represented the interests and growth of franchising in South Africa for the past 33 years in South Africa and plays an important role in fostering entrepreneurship, in the transfer of skills and in job creation. Many well-known South African franchise brands have established themselves in other countries in Africa and abroad. FASA plays a guiding role in advising other African …
Cancellation after the cooling off period
A franchise agreement may be cancelled after the ten day cooling off period has expired, if: the agreement itself is invalid, or where one of the parties has been induced to enter into it by a misrepresentation by the other, or where one of the parties has committed a material breach of the agreement. If a franchise agreement contravenes, or does not comply with, the requirements of the CPA or the regulations, including the stipulations of the regulations in respect of deposits and initial payments, the agreement will be invalid, either in total or to the extent of the contravention. …
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2023 Franchisor Survey
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2024 FASA Franchise Manual
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