Talk:Franchising
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| course = Wikipedia:Wiki_Ed/University_of_Massachusetts-Dartmouth/Project_Team_Management_(Spring_2022) | assignments = Willshedoit, Juaniquec, Sharenelouis, Dwilson21 | start_date = 2022-01-18 | end_date = 2022-05-02 }}
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List of Franchises?
[edit]How about a list of Franchises?
- The number of franchisors in the United States is truly unknowable. If a franchisor operates in one of the ~ 25 states that have no direct regulation on franchising, they can (and have) draft an FDD in their basement and sold one franchise to their (friend, brother, whomever), and there is no literally no legal function to know this happened. Just a few numbers one could work with, the company FranConnect estimates that approximately 20% of the actively recruiting U.S. franchisor base uses it's CRM. With 600 clients, that's obviously around 3,000 franchisors. The International Franchise Association has ~ 1,400 members, though they don't claim a market percentage. There are ~773,600 franchised businesses in the U.S. Personally I believe there are approximately 6,000 franchisors in the U.S. that either have a current operating franchisee or are actively seeking new franchisees (my own broad definition). In other countries, especially those without franchise regulation, even an estimation is impossible.
- Having said all of that, an approximation of a list of U.S. based franchisors that are active could be achieved by combining:
- Entrepreneur Magazine's, Franchise Gator's, and Franchise Grade's top franchisor lists and top emerging lists.
- Adding in all new and renewal franchise registrations from Wisconsin, California, and Minnesota (they make this data public).
- Adding in IFA's membership roster (I think this is public).
- Adding in the SBA Franchise Registry
- That wouldn't be a complete list, but it would likely be the most complete list of U.S.-based franchisors ever compiled. I don't know if the failings of that list (that it would necessarily U.S. centric, that it would be necessarily incomplete) makes it wiki-worthy, but if other editors think that it is I wouldn't mind putting that together. FranMichael (talk) — Preceding undated comment added 14:47, 30 November 2021 (UTC)
- The bigger problem is that it is off-mission for Wikipedia. We're WP:NOT supposed to make business directories here. List of franchises, which is a list of Franchises with Wikipedia articles, is about as far as we can go and we've already done that. - MrOllie (talk) 14:50, 30 November 2021 (UTC)
- Even stronger reason then the fact that the list would always be incomplete. So for the editor who made this suggestion I guess that you have a 2-editor consensus, at least, that this would not be a value-add. FranMichael (talk) — Preceding undated comment added 15:33, 30 November 2021 (UTC)
- The bigger problem is that it is off-mission for Wikipedia. We're WP:NOT supposed to make business directories here. List of franchises, which is a list of Franchises with Wikipedia articles, is about as far as we can go and we've already done that. - MrOllie (talk) 14:50, 30 November 2021 (UTC)
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Request for citation regarding financial performance representations
[edit]I was not clear to which part of the sentence Citation needed was referring; that franchisors don't have to make presentations or that they normally would under the SEC. If the latter, please ignore/feel free to delete this comment. If the former, the citation can be found in the Disclosure Requirements and Prohibitions Concerning Franchising. Here is a link to the salient paragraph. https://www.federalregister.gov/d/E7-5829/p-993 The specific statement is "For these reasons, we conclude that financial performance representations should remain voluntary, consistent with the original Rule and UFOC Guidelines" Franchisemichael (talk) 21:36, 29 May 2021 (UTC) M.P.
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