What do McDonald's, 7-Eleven, and Subway have in common? They're all franchisors that license franchises to small business people, who in turn employ countless Americans. But the federal government is endangering this hugely successful business model. Learn how in this short video. Donate today to PragerU! http://l.prageru.com/2ylo1Yt This video is part of a collaborative business and economics project with Job Creators Network. To learn more about JCN, visit https://www.jobcreatorsnetwork.com. Joining PragerU is free! Sign up now to get all our videos as soon as they're released. http://prageru.com/signup Download Pragerpedia on your iPhone or Android! Thousands of sources and facts at your fingertips. iPhone: http://l.prageru.com/2dlsnbG Android: http://l.prageru.com/2dlsS5e Join Prager United to get new swag every quarter, exclusive early access to our videos, and an annual TownHall phone call with Dennis Prager! http://l.prageru.com/2c9n6ys Join PragerU's text list to have these videos, free merchandise giveaways and breaking announcements sent directly to your phone! https://optin.mobiniti.com/prageru Do you shop on Amazon? Click https://smile.amazon.com and a percentage of every Amazon purchase will be donated to PragerU. Same great products. Same low price. Shopping made meaningful. VISIT PragerU! https://www.prageru.com FOLLOW us! Facebook: https://www.facebook.com/prageru Twitter: https://twitter.com/prageru Instagram: https://instagram.com/prageru/ PragerU is on Snapchat! JOIN PragerFORCE! For Students: http://l.prageru.com/29SgPaX JOIN our Educators Network! http://l.prageru.com/2c8vsff Script: Government regulations and rules sometimes help level the playing field for businesses. But in other cases, unelected bureaucrats can hurt businesses that are creating jobs for you and me. New rules coming out of Washington may hurt franchised businesses. When it comes to business ownership, you often hear the terms franchisee and franchisor. A franchisor is like Subway Sandwiches. They own the brand and license it to small business people who might own one or two stores. There are literally thousands of franchisors in many different industries. Currently, if you want to open a franchised restaurant or retail store, you sign a deal with the franchisor (the company that owns the rights to the name, menu or products, and business model). The franchisee pays for those rights and agrees to maintain quality and follow certain standards. However, the franchisee is a separate business that makes its own decisions on who to hire, how much to pay, and what benefits to offer. This system has worked really well, creating more than 770,000 small businesses and supporting more than 18 million direct and indirect American jobs. Importantly, minority franchisees make up 20% of those businesses often locating in minority communities and employing minorities in those communities. Right now the National Labor Relations Board, a group of unelected bureaucrats, is trying to redefine the relationship between franchisees and their corporate partners (the franchisor). The idea is to make the bigger company and the smaller companies jointly liable for employee complaints and other legal issues. If the National Labor Relations Board successfully redefines the relationship between franchisees and franchisors, there may be far fewer new businesses and the jobs they create… because franchisors will be much more hesitant to give inexperienced people a chance at opening a franchise. After all, why would they want to be in any relationship where they were responsible for thousands of decisions made by smaller companies every week. And franchisees didn't risk their life savings to open a business, only to find out they now essentially work for the franchisor. Botton line: this new definition slams the door shut on one of the proven paths to break into the business world. Make Sense? Sometimes Washington needs to understand “if it’s not broken, don’t fix it.” Now that makes sense.
Views: 252824 PragerU
Today, we’re going to wrap up our discussion of economic policy by looking at government regulation. We're going to talk about the government's goals for the U.S. economy and the policies it employs to achieve those goals. Ever since the New Deal, we've seen an increased role of the government within the economy - even with the deregulation initiatives of President Carter and Reagan in the 80's. Now this is all pretty controversial and we're going to talk about it, as this is a long way from the federal government handed down by the framers of the constitution. Produced in collaboration with PBS Digital Studios: http://youtube.com/pbsdigitalstudios Support is provided by Voqal: http://www.voqal.org All attributed images are licensed under Creative Commons by Attribution 4.0 https://creativecommons.org/licenses/... Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 196548 CrashCourse
In 1962, Buffett became a millionaire because of his partnerships, which in January 1962 had an excess of $7,178,500, of which over $1,025,000 belonged to Buffett. Buffett merged all partnerships into one partnership. Buffett invested in and eventually took control of a textile manufacturing firm, Berkshire Hathaway. In 1962, Warren Buffett began buying shares in Berkshire from Seabury Stanton, the owner, whom he later fired. Buffett's partnerships began purchasing shares at $7.60 per share. In 1965, when Buffett's partnerships began purchasing Berkshire aggressively, they paid $14.86 per share while the company had working capital of $19 per share. This did not include the value of fixed assets (factory and equipment). Buffett took control of Berkshire Hathaway at the board meeting and named a new president, Ken Chace, to run the company. In 1966, Buffett closed the partnership to new money. He would go on to claim that the textile business had been his worst trade. He then moved the business into the insurance sector, and in 1985 the last of the mills that had been the core business of Berkshire Hathaway was sold. Buffett wrote in his letter: "... unless it appears that circumstances have changed (under some conditions added capital would improve results) or unless new partners can bring some asset to the partnership other than simply capital, I intend to admit no additional partners to BPL." In a second letter, Buffett announced his first investment in a private business — Hochschild, Kohn and Co, a privately owned Baltimore department store. In 1967, Berkshire paid out its first and only dividend of 10 cents. In 1969, following his most successful year, Buffett liquidated the partnership and transferred their assets to his partners. Among the assets paid out were shares of Berkshire Hathaway. In 1970, as chairman of Berkshire Hathaway, Buffett began writing his now-famous annual letters to shareholders. However, he lived solely on his salary of $50,000 per year, and his outside investment income. In 1979, Berkshire began the year trading at $775 per share, and ended at $1,310. Buffett's net worth reached $620 million, placing him on the Forbes 400 for the first time. In 1973, Berkshire began to acquire stock in the Washington Post Company. Buffett became close friends with Katharine Graham, who controlled the company and its flagship newspaper, and became a member of its board of directors. In 1974, the SEC opened a formal investigation into Warren Buffett and Berkshire's acquisition of WESCO, due to possible conflict of interest. No charges were brought. In 1977, Berkshire indirectly purchased the Buffalo Evening News for $32.5 million. Antitrust charges started, instigated by its rival, the Buffalo Courier-Express. Both papers lost money, until the Courier-Express folded in 1982. In 1979, Berkshire began to acquire stock in ABC. Capital Cities announced $3.5 billion purchase of ABC on March 18, 1985 surprised the media industry, as ABC was four times bigger than Capital Cities at the time. Berkshire Hathaway chairman Warren Buffett helped finance the deal in return for a 25% stake in the combined company. The newly merged company, known as Capital Cities/ABC (or CapCities/ABC), was forced to sell off some stations due to FCC ownership rules. Also, the two companies owned several radio stations in the same markets. In 1987, Berkshire Hathaway purchased a 12% stake in Salomon Inc., making it the largest shareholder and Buffett the director. In 1990, a scandal involving John Gutfreund (former CEO of Salomon Brothers) surfaced. A rogue trader, Paul Mozer, was submitting bids in excess of what was allowed by the Treasury rules. When this was discovered and brought to the attention of Gutfreund, he did not immediately suspend the rogue trader. Gutfreund left the company in August 1991. Buffett became Chairman of Salomon until the crisis passed; on September 4, 1991, he testified before Congress. In 1988, Buffett began buying stock in Coca-Cola Company, eventually purchasing up to 7% of the company for $1.02 billion. It would turn out to be one of Berkshire's most lucrative investments, and one which it still holds. http://en.wikipedia.org/wiki/Warren_Buffett
Views: 10824 The Film Archives
The University of Missouri School of Law presents "Business and the Law: The Impact of Law and Regulation on Business Growth" Presented by the Federalist Society. Presenter: David C. Humphreys, President and CEO of TAMKO Building Products, Inc. Filmed February 13, 2013, at 1:00 pm in Classroom 7, Hulston Hall, University of Missouri School of Law. University of Missouri School of Law: http://law.missouri.edu/ The Federalist Society: http://www.fed-soc.org Copyright Information: http://www.missouri.edu/copyright.php © 2013 - Curators of the University of Missouri
Views: 1190 MizzouLaw
#iitutor #BusinessStudies #OperationSystem https://www.iitutor.com Compliance refers to all the laws that a business must follow. It is in the best interests of businesses to know and follow compliance in order to avoid litigation. Following these laws will lead to Compliance costs. Compliance in Operation: The Operations function involves Labour, Technology, Finance, Machinery, and Energy. All these areas attract regulation from law makers. Examples of laws: Occupational Health and Safety (OHS), Use of machinery, Safety, Healthy working conditions and Training. Training and development: Safe work practices, Use of technology, Use of machinery, Methods to work effectively. Fair work: Pay, Leave, Termination, Awards and Complaints. Anti-discrimination: Race, Sex, Religion, Marital status, Pregnancy and disability. Environmental protection: Pollution of air, land, water, Dumping, Heritage issues, and Importing goods.
Views: 807 iitutor.com
Jeff Cunningham, former publisher of Forbes magazine and founder of Directorship Magazine, discusses cutbacks in government regulations and how it will effect business going forward.
Views: 10 TheTorrenzanoGroup
http://www.RowlettRealEstateSchool.com | 850-547-1333 | Questions about Florida DBPR? We're Florida specialists! Contact us today! The Department of Business and Professional Regulation (DBPR) is the agency charged with licensing and regulating businesses and professionals in Florida. It is the intent of the Florida Legislature that individuals desiring to engage in a licensed profession be allowed to do so. Regulation of the real estate industry is necessary to protect the health, safety, and welfare of the public (consumer protection), however, the Legislature has mandated that it does not want extraordinary or unreasonable restrictions created that would deter qualified persons from entering their chosen profession. The Legislature believes professions under the DBPR should be regulated when: • the unregulated practice can harm the public, the potential harm is recognizable, and the danger outweighs any anticompetitive impact that might result from regulation; • the public is not adequately protected by other state statutes, local ordinances, or federal laws; or • less restrictive means of regulation are not available. The DBPR is under the executive branch of the governor, and it is governed by Chapter 120, F.S. The agency is structured according to the requirements of Chapter 20.165, F.S. The Legislature, under Chapter 455, F.S., granted authority to the DBPR to investigate consumer complaints, issue subpoenas when conducting investigations, issue cease and desist orders to unlicensed individuals, and issue citations to individuals licensed by the DBPR. The chief administrator of the DBPR is the secretary of the DBPR, who is appointed by the governor, subject to confirmation by the state senate. The main DBPR office is located in Tallahassee, Florida. The divisions under the Department of Business and Professional Regulation that are most relevant to real estate are presented in the following paragraphs.
Views: 291 Rowlett Real Estate School
Download your FREE Thai massage workbook: http://www.robertgardnerwellness.com/ Flissy Saucier of http://omchantress.com/ had a chat with me about regulation certification and licensure from the yoga world to massage therapy and how it affects business and quality control in our respective industries. Purchase your educational package and subscription service here: http://rgwellness.teachable.com/ You can find Flissy on her other social media here: https://twitter.com/omchantress https://www.facebook.com/omchantress https://www.youtube.com/channel/UC0D3yPN-XYAJvhgarbDdX1w https://www.instagram.com/omchantress/ Facebook https://business.facebook.com/RobertGWellness/?business_id=1335912713115461 Twitter: https://twitter.com/RobertGWellness Instagram https://www.instagram.com/robertgwellness12/ Snapchat: rgwellness Massage Entrepreneurs https://www.facebook.com/groups/MassageEntrepreneurs/ Massage Entrepreneurs of Reddit https://www.reddit.com/r/MassageEntrepreneurs
Views: 65 Robert Gardner Wellness
Get Yours Now On http://medibookbank.com/pdf
Views: 10 Porespo
A growing number of states are regulating the corporate social responsibility (CSR) of domestic multinational corporations relating to overseas subsidiaries and suppliers. Jette Steen Knudsen presents a new framework for analysing government–CSR relations: direct and indirect policies for CSR. Find out more about the event: https://www.ucl.ac.uk/laws/events/2018/feb/visible-hands-government-regulation-and-international-business-responsibility
Views: 66 UCL LAWS
Blackstone Group CEO Stephen Schwarzman on tax reform, efforts to repeal and replace ObamaCare and reduce regulations.
Views: 540 Fox Business
Financial Consultant urges Central bank to review supervisory approach
Views: 89 MyJoyOnline TV
CCMC's Bill Hulse, director and Georgetown University Professor James Angel will discuss the impact of bank regulation on business lending.
Better Business for All Business Insights - how business perceives the delivery of regulation. This series of interviews was carried out on behalf of the Hertfordshire Better Business for All partnership with support from the Better Regulation Delivery Office.
Views: 410 Office for Product Safety and Standards
Send your queries at getsmtb(at)msn(dot)com to get Solutions, Test Bank, ebook or Mindtap Quizzes, Aplia homework for Business Law and the Regulation of Business 13th Edition 13e by Richard A. Mann; Barry S. Roberts ISBN-10: 0357042603 ISBN-13: 9780357042601
Views: 0 Jess Chuaa
The Uniform Regulation of Virtual-Currency Businesses Act (URVCBA) provides a statutory framework for the regulation of companies engaging in “virtual-currency business activity”. Virtual-currency business activity means exchanging, transferring, or storing virtual currency; holding electronic precious metals or certificates of electronic precious metals; or exchanging digital representations of value within online games for virtual currency or legal tender. The URVCBA’s unique, three-tiered structure clarifies whether an individual or company engaging in virtual currency business activity is (1) exempt from the act; (2) must register; or (3) must obtain a license. The URVCBA also contains numerous consumer protections.
Views: 74 Uniform Law Commission
The main purpose of the GDPR is to give EU citizens greater control over how their personal data is collected, protected, and used. While the legislation applies to EU companies, it also applies to any company choosing to do business in the EU or have employees in the EU. This includes any online business that owns a website accessible to EU citizens that collects user data. Since the definition of personal information has also been expanded to include online identifiers such as cookies, GDPR has implications for a vast number of North American businesses. A two-tiered sanctions regime will apply. Breaches of some provisions by businesses, which lawmakers have deemed to be most important for data protection, could lead to fines of up to 20 million Euros or 4 percent of global annual turnover the preceding financial year, whichever is the greater, being levied by data watchdogs. For other breaches, the authorities could impose fines on companies of up to 10 million Euros or 2 percent of global annual turnover, again, whichever is greater. In this webcast, we will present a clear understanding of the main differences between the current law and the GDPR, and explain what organizations need to do in order to prepare for the new law that will take place in May 2018. The webcast also includes an overview of possible IT solutions that are tailored for SAP customers.
Views: 369 Natuvion GmbH
Rob Mellion, the Executive Director and General Counsel at the Massachusetts Package Stores Association and former president of the Bristol County Chamber of Commerce, joins Barry Richard to discuss how Massachusetts lawmakers are hurting business owners in the Commonwealth with the legislation they are passing. Description © 2017 Townsquare Media Go here: http://wbsm.com Like us: https://www.facebook.com/WBSM1420 Follow us: https://twitter.com/wbsm1420 Get our newsletter: http://wbsm.com/newsletter/
Views: 26 WBSM 1420 AM
www.parliament.scot - S5M-14162 Jamie Halcro Johnston: Regulation of Electricians as a Profession—That the Parliament notes the calls supporting the principle of the regulation of electricians as a profession; understands that, while over 100 regulated professions exist in the UK, including gas engineers, there is no protection afforded to electricians; appreciates that improperly-installed electrical work creates a significant risk of fire as well as other harm to householders in the Highlands and Islands and across Scotland; believes that the installation of electrical work by unqualified or only partly qualified individuals carries the risk of defects and safety issues arising; acknowledges the survey conducted by SELECT, which is the trade association for the electrical contracting industry in Scotland, which suggests that 93% of householders would expect someone claiming to be an electrician to be properly qualified and that 89% were not aware of how to check the qualifications of someone, and acknowledges the calls for the Scottish Government to consider how the Parliament’s powers over protection of title can be utilised to reassure the public of the safety of electrical work that is carried out in domestic and non-domestic premises. - Published by the Scottish Parliament Corporate Body. www.parliament.scot // We do not facilitate discussions on our YouTube page but encourage you to share and comment on our videos on your own channels. // If you would like to join in our conversations please follow @ScotParl on Twitter or like us on Facebook at www.facebook.com/scottishparliament
Views: 48 The Scottish Parliament
John Mayo, Professor of Economics, Business, and Public Policy, McDonough School of Business, Georgetown University and Executive Director, Georgetown Center for Business and Public Policy Kaushik Basu, Senior Vice President and Chief Economist, Development Economics, World Bank Tim Besley, Professor of Economics and Political Science, London School of Economics Stephen O'Connell, Chief Economist, USAID Welcome, Keynote, and Reaction Georgetown University McDonough School of Business Lohrfink Auditorium February 20, 2014
Views: 216 MSBTCvideo
Fireworks illuminating the sky usually signify a celebration. But in one Mexican town that produces pyrotechnics, they can also lead to tragedy. Fireworks have been dazzling spectators at celebrations across the world for centuries. And in Mexico there isn’t a better way to mark a special occasion. Producing these festive explosives is considered an art form passed down through generations of Mexicans. One community outside of Mexico City is built around the fireworks industry. And it's lost dozens of people in explosions. Despite that and the lack of regulation they're still willing to risk their lives. Correspondent Alasdair Baverstock traveled to the town of Tultepec to tell us more. Fireworks were actually invented in ancient China more than 2000 years ago. The first original firecracker was a bamboo stalk filled with gunpowder. They were used for religious festivals and were believed to frighten away evil spirits. Watch CGTN LIVE on your computer, tablet or mobile http://america.cgtn.com/livenews Subscribe to CGTN America on YouTube Follow CGTN America: Twitter: @cgtnamerica Facebook: @cgtnamerica Google+: CctvamericaTvnews
Views: 496 CGTN America
There is an all-too-common misconception that the European Union's (EU) General Data Protection Regulation (GDPR) does not apply to US businesses. False! The truth is that even if you don't do any business in Europe, no matter the size of your business, you need to be planning and implementing steps to ensure compliance with GDPR! This webinar will help you to understand whether GDPR does apply to your business and, given that it likely does, what your obligations are and what you need to be doing to comply.
Views: 25 Cooperative Systems
\\ JOIN *FREE* ENHANCED ENTREPRENEURS \\ Enhanced Entrepreneurs is a global community of entrepreneurs looking to take their businesses or life to the next level! We have plenty of groups on various different niches in business, including vending (ITS FREE) http://enhancedentrepreneurs.com/ \\ FOLLOW ME ON SOCIAL MEDIA \\ https://www.instagram.com/thedominickbarbato/ \\ FOLLOW OUR COMMUNITY ON SOCIAL MEDIA: https://www.instagram.com/enhancedentrepreneurs/ So, if you want to start a vending business, you are going to want to have regulation, licenses and permits in mind. You need to be aware of your state and even county laws and regulations before you start your business. This video serves as a starting point for you to be able to start your vending business with the law in mind. I may have left out some states, so please comment below those states and I will update you on your regulations. Keep in mind, I am not a lawyer or a legal practitioner. Do not come after me, I am just giving my opinion on information that I found online. Thanks! :) Look for the international vending regulation video coming for 15 countries. Check out the awesome vendors below for more awesome vending content: Jamie: https://www.youtube.com/channel/UCeRHowFeMyMdcyg-wNciUTA Azan: https://www.youtube.com/c/AzanKhan Chrome Vending(Mike G): https://www.youtube.com/channel/UCfebQCPeGR94FZc1WPOuX2g Shark Vending(Mark): https://www.youtube.com/channel/UCvygDkwiqxZpI6KEn8-KJlg?fbclid=IwAR0zdCEWbtkwh7K3DISSW8Sj8_R60mgpsccXT0ZKsHYTOskct6N-QBgkgPk Victor(Laundry Mats): https://www.youtube.com/channel/UCNhmy9YYBNdCVe3tcM8qsHQ?fbclid=IwAR2RQ-YgXh1nHwsyCjTFK4YzlU_jm8FD6CgpMsyRPlPSVMdw-Fn-SMpDZ4U \\CHECK OUT MY BOOKS ON AMAZON: *How To Be Motivated, Focused and Productive In Under 12 Hours!:* https://amzn.to/2IFmcdL *Bitcoin For Beginners, Guide To Cryptocurrencies, Blockchain And Mining:* https://amzn.to/2x61mTF *Making Money Online: 42 Tools & Tactics to Profit from the Internet* https://amzn.to/2GJm3Ey *How To Connect With Anyone: 7 tips to be instantly likable, and connect with people on a meaningful level* https://amzn.to/2IIlHDO *How to get out of debt: DEBT SUCKS* https://amzn.to/2J3f4vp *Make Passive Income Online In 2018: Internet Marketing Secrets You Should Know!* https://amzn.to/2M4WRiy *Time Management For Entrepreneurs: Principles Successful People Use To Get More Done!* https://amzn.to/2KwMdMN Bootstrapping: Simple Start-Ups: Discover The Secrets To Bootstrapping Success! https://amzn.to/2vroXec Network Marketing Success In 2018!: How To Succeed In Network Marketing The Easy Way! https://amzn.to/2M5SZhm - Dominick Barbato, Enhanced Entrepreneurs, Books
Views: 136 Dominick Barbato
President Trump on reducing regulations at CPAC.
Views: 485 Fox Business
The Shareholders Association of the Philippines (SharePHIL) told ANC's Market Edge that cryptocurrencies are attracting a lot of attention among investors, especially millennials, and that regulators need to step up to ensure they are protected. Subscribe to the ABS-CBN News channel! - http://bit.ly/TheABSCBNNews Visit our website at http://news.abs-cbn.com Facebook: https://www.facebook.com/abscbnNEWS Twitter: https://twitter.com/abscbnnews
Views: 345 ABS-CBN News
Mark Mahaney, RBC Capital Markets lead tech analyst, joins the 'Squawk Alley team to discuss Amazon as it nears hitting its $1 trillion market value.
Views: 134 CNBC Television
There has been growing concern about the extent of government regulation in Australia and its impact on small business. This seminar reports on one aspect of a wider project to develop a responsive regulatory model for small corporations. This draws together the experiences of small corporation owners/mangers, CEOs of industry associations, regulators, the Federal Treasury, industry leaders and academic experts. Specifically, we report on a survey of small businesses in NSW and Victoria regarding their experiences relating to compliance with government regulation, the costs to business and factors inhibiting performance.
Views: 228 University Of Canberra