Similarly, What are the benefits of data forecasting?
These three benefits of predicting You’ll learn important lessons. By using forecasting, you develop the habit of analyzing historical and current data to forecast future demand. From prior errors, you’ll grow. After each prediction, you don’t have to start from zero. Costs may drop as a result.
Also, it is asked, Should I collect as much data of different kinds as possible in forecasting?
4. Should I gather as much information of many types as I can? Surprisingly, studies show that prediction accuracy might decline when judgemental forecasters are overloaded with information (Armstrong 1985, 100-102.).
Secondly, What type of data is useful for forecasting?
Statistical Models These models, as their name implies, are based on quantitative data from your company and industry, such previous orders, inventory levels, interest rates, and stock prices. In order to forecast future data points, these models analyze quantifiable data to find patterns and trends.
Also, What is fashion forecasting and why is it important?
Future trends are the main focus of the worldwide profession of fashion forecasting. The hues, fabrics, textures, materials, patterns, graphics, accessories, footwear, street style, and other trends that will be shown on the catwalk and in shops for the following seasons are predicted by a fashion forecaster.
People also ask, What are the benefits of forecasting to a business?
Seven advantages of precise sales forecasting increases your understanding of your consumers. quantifies the state of your company. boosts the study of sales. facilitates ongoing strategic planning. simplifies credit, financing, and cash flow. Sources. Further Resources.
Related Questions and Answers
What factors are involved in fashion forecasting?
Studying market circumstances, taking note of people’s lifestyles, investigating sales figures, analyzing prominent designer collections, scouring fashion magazines, examining street trends, and other activities are all part of fashion forecasting.
How do companies predict fashion trends?
It takes careful observation and analysis of social and cultural developments to forecast how they will affect fashion over the next several years. Trend forecasters construct a scenario using a combination of instinct, study, and data, which they then convey via writing and mood boards.
What are the important steps that a fashion forecaster must take to know what kind of product a customer wants?
First, list the fundamental information regarding current trends as well as potential future developments. 2. Ascertain the historical reasons of change. 3. Establish the discrepancy between historical predictions and actual customer behavior. 4. Identify the variables that will probably have an impact on future trends.
How can you make forecasting more accurate?
Make accurate, realistic forecasts. Starting From Your Baseline On an accurate foundation, accurate forecasting is constructed. Focus on Important Elements. Concentrate on the most important facts while making forecasts. Create from the ground up. You may either start at the top and work your way down or vice versa when constructing predictions. Be thorough and use quality tools.
Which method of forecasting is most widely used?
Straight-line Approach No. 1 One of the simplest and most straightforward forecasting techniques is the straight-line approach. A financial analyst forecasts future revenue growth using previous data and patterns.
What are the three main approaches for forecasting in business?
There are three fundamental methods for predicting sales: the opinion method, which is based on the opinions of experts; the historical method, which is based on prior knowledge and experience; and the market testing method, which is based on surveying and researching the market.
Which type of forecasting approach is better qualitative or quantitative?
In essence, statistical data are numerical or quantitative. Qualitative data must be converted into quantitative data in order to be used for statistical analysis. Statistics must be predicted quantitatively, not qualitatively. So, it follows that quantitative forecasting is superior than qualitative forecasting.
What are the 5 qualities required by a trend forecaster?
The five key competencies you need to anticipate trends. learn the context (world thinking) Make learning your pastime (become a sponge) why and what if questions (reject established beliefs) Work together to innovate (spar with a diverse network) putting the needs of people first (tell a story).
When choosing the best sales forecasting method the most important consideration would be?
What sort of approach your main rival is employing should be the most essential factor when picking the finest sales forecasting strategy. The credibility of your sales staff. the availability, reliability, and stability of the data. Whether you have sales data going back at least ten years.
What is an accurate forecast?
The degree to which sales executives correctly anticipate sales is known as forecast accuracy (in both the long and short term). Making important choices regarding short-term expenditures and agreements for key clients requires accurate sales predictions.
What is the impact of forecasting?
Delivery success has a positive correlation with how much forecasts are used in decision-making. The effectiveness of the cost prediction is significantly impacted by interactions between the forecasting factors. The performance of the delivery has a considerable influence on interactions between the forecasting factors.
How do you develop a fashion forecasting enlist steps for the same briefly?
Seven Steps for Making a Forecast Determine the fundamental details of historical patterns and predictions. Identify the historical reasons of change. Analyze the variance between previous predictions and actual behaviour. Determine the elements that might have an impact on trends in the future.
What is market research in fashion forecasting?
Fashion forecasters often do market research using customer surveys to make sure their products are marketable. Forecasters may more accurately assess the market for fashion purchasers by directly asking customers what they would buy, how much they would spend, and where they search for fashion direction.
What are services provided by fashion forecasting companies?
vogue trend The ability of forecasting organizations to anticipate future trends extends beyond just identifying the colors and materials that will be in vogue in the following two years. In order to understand consumers’ current beliefs and future wishes, forecasters often look into their lives and purchasing patterns.
Can data predict fashion trends?
Nobody can actually identify or foretell trends, according to WGSN co-founder Marc Worth, who sold the company to launch a competing service. Forecasters’ claims of up to 80% accuracy come from the fact that their forecasts often come true.
Why do fashion designers use trend forecasting?
Fashion designers and retailers may use the forecasts to make informed decisions about their collections and merchandising by knowing what will be in style in the future. The goal of fashion trend forecasting is to tell a narrative with the use of forms, design components, colors, materials, and trimmings.
Why are trends important in fashion?
You are in step with others when you wear the newest fashion trends. Sensation current and compatible with the contemporary world is a wonderful feeling. Following the most recent fashion trends can help you achieve your goal as effectively as possible since everyone wants to seem attractive and fashionable.
How accurate are company forecasts?
We found that salespeople spend roughly 2.5 hours per week on sales forecasting, and for the majority of businesses, the predictions are less than 75% accurate, based on an analysis of more than 200 organizations. These estimates are completely useless when success or failure is often determined by margins much lower than 25%.
What factors can influence the accuracy of a forecast?
The top ten outside variables that affect forecast quality Consumer Attitude. Available Money. Market for residential real estate. Gas and oil prices. Wages and the labor market. weather data The dollar’s strength. Costs of raw materials.
Which forecasting technique would you consider the most accurate Why?
The weighted moving average is the most accurate option out of the four (simple moving average, weighted moving average, exponential smoothing, and single regression analysis), since it allows for the placement of individual weights in line with their relative significance.
Which of the forecasting technique is the fastest?
Which method of predicting is the quickest? models for B.flow Analysis of C. ratio trends Demand projection for DHL Answer» Analyzing ratio trends another row
What do you think is the easiest forecasting methods Why site examples?
One of the simplest methods to use is straight-line forecasting; it just needs a basic understanding of arithmetic and offers accurate projections of what firms might expect in hypothetical future financial situations. Straight-line forecasting is often used by businesses that anticipate future revenue growth.
How do companies use forecasting?
Businesses utilize forecasting to assist them in creating their business plans. In order to find trends, historical data is gathered and examined. Today’s corporate forecasting techniques have been revolutionized by big data and artificial intelligence. A business forecast may be created using a variety of techniques.
Why forecast should be reliable?
A company that has a reliable sales forecast may efficiently prepare for the future of its finances. Because you are aware of your incoming income and cash flow, your company can make smarter business choices.
The “what are the demands of the fashion industry” is a question that has been asked many times. The answer to this question is that there are many different demands in the fashion industry. Some of these demands include forecasting data, and having access to the same data as other companies.
This Video Should Help:
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L'ÉTOILE DU COIN / Ô LOFT DU P'TIT GRENIER
This nomadic-style cottage is set in the heart of the picturesque village of Piopolis. It was recently refurbished to give visitors a serene experience, combining rest, relaxation, and nature. Includes central air conditioning, fireplace and a hot tub.
Open year round
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Choosing a Buyer’s Agent in Cobb County
If you’re looking to buy a home in Cobb county, you need the services of a qualified buyer’s agent. Whether you’re an experienced real estate investor, first-time home buyer or someone who’s looking to purchase a property for a business, a buyer’s agent cobb county can help guide you through the process and find the right home.
What is an agent of the seller relationship?
A buyer’s agent is a real estate professional who works exclusively on behalf of buyers. They search for, scope out and evaluate properties, negotiate and bid on properties, and provide expert guidance and advice throughout the buying process.
What are the Responsibilities of a Buyer’s Agent?
A Buyer’s agent is required to carry out all their duties in a fiduciary capacity. These responsibilities include undivided loyalty, obedience, diligence, disclosure, confidentiality and reasonable skill and care.
What Are the Best Ways to Find a Buyer’s Agent?
The best way to find a qualified buyer’s agent is to ask for referrals from friends and family. You can also contact local realtors to see if they have any recommendations for you.
Who Pays Your Buyer’s Agent?
A buyer’s agent will usually be paid out of the sales price of your home at closing. This is different from a real estate broker who is paid out of the commission that is collected when you sell your home.
What to Look for in a Buyer’s Agent
It’s important to choose a buyer’s agent who has extensive experience working with clients like you. Be sure to ask about their background, if they work full or part-time and what kinds of homes they typically help buyers find in the area. You should also inquire about their commission fees and if they offer buyer’s representation in foreclosure, short sale or other unique transactions.


WHO YOU WORK WITH MATTERS!
Buying or selling a home is one of the most important things you will ever do, and Summer wants to help make that experience as smooth and successful as possible. Her extensive experience and expertise in the Santa Barbara, Goleta, Montecito and Carpinteria real estate market will benefit you whether you are looking to buy or sell a home in the area. As a 4th generation local to Santa Barbara, Summer has built her real estate success on superior service and personal attention to every client. Her integrity and work ethic as a Realtor enable her to deliver a level of service that is remarkable in today’s market. Plus using state-of-the-art technology, she ensures that client’s properties get the exposure they deserve.
Summer is privileged to work with Sun Coast Real Estate, a local boutique firm started by two top agents previously with Re/Max.
Summer attended local schools before moving on to SB City College and then graduating from UC Santa Barbara with a BA in Business Economics. She also helped her husband open a successful local franchise, Budget Blinds of Santa Barbara, in 1997 before getting her real estate license in 2003.
In addition to her impressive real estate career, Summer is active in community affairs and charitable organizations. Summer currently serves on the Supervisory Committee for Santa Barbara County Federal Credit Union and serves on the Board of Directors for the Mountain View School Foundation, previously on the Executive Board of the Mountain View School PTA as the Treasurer/Auditor and volunteers time teaching others about the Bible.
Summer and her husband love raising their family in beautiful Santa Barbara! Whether it’s hiking, going to the beach or biking with their kids, Santa Barbara has so much to offer her active family. Energetic and athletic, she also enjoys running, skiing, camping and traveling. Although she also loves to enjoy a good book by the pool!
“People see me as a strong, smart and caring” says Summer. “Which is what you want in a Realtor, but more importantly sets an example for my daughters as they grow.”
Whether it’s challenging markets, special circumstances or your specific and unique needs, you can be assured Summer knows how to help you effectively achieve your real estate goals.
|office||805 886 1261805 886 1261|
|mobile||805 886 1261805 886 1261|
|address||3112 State St.|
Santa Barbara, CA 93105
|state license #||CA BRE #01377264|
- Sun Coast Real Estate
- 3112 State St.
Santa Barbara, CA 93105
Summer made our real estate transaction a breeze. Her in-depth knowledge of the real estate market landed us the home of our dreams! I would highly suggest Summer to anyone looking to sell or buy, and we look forward to working with her in the future.
I have purchased a number of properties in multiple states. Summer Knight is by the the finest agent I have ever dealt with. She has a comprehensive understanding of the local real estate market. She was able to guide us through the process of selecting the… (more)
We contacted Summer through a Zillow ad And were not disappointed. She demonstrated skill during the negotiations; was able to work with the selling agent to get the best possible price under current market conditions. During escrow she was ALWAYS available… (more)


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Forget screen time when you’ve got this fantastic Do-It-Yourself Jewelry Box Kit to keep those girls having fun for hours! The Mosaic Sticker Craft Set is only $12.99 and comes with 3 templates in the shape of a Castle, Unicorn, Flowers.
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Mannarino gets largest ever Canadian SME offset deal from Lockheed
Mannarino Systems & Software, Inc. has announced that it has signed an Investment Framework Agreement under the Industrial and Technological Benefits (ITB) Policy with Lockheed Martin, which represents the largest investment ever made by Lockheed Martin into a Canadian Small and Medium-Sized Enterprise (SME). This agreement enables Mannarino to develop and commercialize its own proprietary airborne software products and will complement Mannarino’s existing airborne engineering and certification services offering.
April 3, 2017 By Mannarino
The offset investment behind Lockheed Martin’s framework investment is in direct support of Industrial and Technological Benefits (ITB) obligations associated with Canada’s purchase and In-Service Support maintenance, and support of 17 CC-130J Super Hercules aircraft, which were delivered to the Royal Canadian Air Force in 2010.
“Mannarino’s investment agreements with Lockheed Martin have been a key factor in our steady growth. Mannarino has always been recognized for its professionalism and expertise as a world-class engineering services company. This particular investment will be the springboard that propels our company into the airborne software products business. Our decision to diversify the company offering was based on the feedback received from our existing customers on their current and future program requirements. We will keep the industry apprised of our product ventures throughout the various phases of the evolution of our products and welcome continued input from customers on their software product needs” said John Mannarino, president and founder of Mannarino Systems & Software.
This important and groundbreaking investment by Lockheed Martin into Mannarino will result in job creation of 20-plus engineering R&D positions, as well as new jobs in product commercialization, all at Mannarino’s offices in Montreal.
“We are very pleased to see our Investment Framework grant going to such a solid small and medium enterprise as Mannarino,” said Charles Bouchard, chief executive of Lockheed Martin Canada. “We have been impressed by Mannarino’s track record as an engineering services firm in the development and certification of software products that are globally competitive and are proud to support such an innovative organization. The success of this framework investment is an example of how large international aerospace companies such as Lockheed Martin can collaborate with smaller businesses in Canada to create opportunities for lasting growth in the Canadian economy.”
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News Releases and Op-Eds
Latest Releases >>
BCBC applauds PNW LNG Decision
The Business Council of British Columbia welcomes today’s approval of the $11.4 billion Pacific Northwest LNG processing plant by the Federal Government, which comes after a thorough environmental assessment process.
“This decision paves the way for Canada to compete in the international LNG market while continuing our climate leadership on a global scale,” stated Greg D’Avignon, President and CEO, Business Council of British Columbia. “We have an opportunity to facilitate the transition to lower carbon economies both at home and abroad by extracting and transporting natural gas under world-class, science-based environmental and safety standards to meet growing global demand.”
“The strength of Canada’s economy depends on our ability to export goods to global markets, particularly energy products which represent 10 percent of Canada’s GDP,” said Jock Finlayson, Executive Vice President and Chief Policy Officer, Business Council of British Columbia. “Today’s conditional approval is in the national interest and opens the door for up to $36 billion in total project investment, which, if finalized, will result in a significant boost to the BC and Canadian economies at a time when Canada’s economic performance is lagging.”
“This project has the potential to deliver economic benefits across the country, but particularly in the First Nations communities surrounding the project where meaningful partnerships will support economic reconciliation and lift the social and economic prosperity of First Nations peoples,” said D’Avignon.
While the Business Council will continue to advocate for clear, transparent decision making processes, today’s conditional approval sends a positive signal to global capital markets that Canada is open to opportunity and major investments.
About the Business Council of British Columbia
Celebrating its 50th year as the preeminent business organization in the province, the Council has a strong history of providing relevant public policy research and advice on issues to enhance BC’s competitiveness. Since its inception with founding Chair, JE Richardson, then CEO of BC Telephone Company, the Council has been fortunate to have as members major employers from across all sectors in BC’s economy who have played meaningful roles in building British Columbia.
Today, the Council is a source for insight on the BC and Canadian economies and how international trends and domestic policies are impacting our ability to compete in a global economy. Priority areas of focus include: environmental sustainability policies, economic reconciliation with First Nations, innovation, building a competitive tax and regulatory regime, supporting trade and market access, and the development and the attraction of a deep and diverse talent pool.


Dear Members of BWRSL
We are pleased to announce an exciting new referral sponsorship program with Burlington Orthotic Centre & Burlington Therapy & Performance Clinic owned by one of our members,Fareen Samji.
They will offer 10% of the gross sale of the purchase of custom orthotics, compression socks, and knee and ankle braces back to the league.
To qualify : you MUST mention BWRSL when booking your appointment. This program is open to players, families, friends and co - workers. They just have to mention BWRSL.
Benefit: most extended health care plans cover the cost of custom made orthotics, braces and compression socks which cost approx $500 ( orthotics ) $1800 ( custom knee brace ) , and $125 ( compression socks ) . For each sale the league would receive between $12-$180 in the form of sponsorship dollars which would help offset the cost of fields and ref's with the ultimate aim of reducing the registration fees for all players. Please take advantage of this program and pass it along to your family, friends and co- workers.
Benefit - the member is out of pocket $0 because usually your extended health care plans covers the cost of these goods. It 's a mutually beneficial situation all around.
Note: they make custom orthotics for soccer shoes, and compression socks are very beneficial in treating shin splints.
Please call 905.331.4391 to book your appointment or email Far at [email protected]
Please take advantage of this great opportunity to stay healthy and injury free so we can enjoy another great season of soccer!


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Lanka IOC is moving closer to entering the Indonesian lubricant market. After exploring opportunities on the sprawling archipelago for the past year, the Sri Lankan company now anticipates beginning to export to Indonesia by the end of 2016, a spokesman confirmed today.
The plans were first reported last week by Lanka Business Online.
A subsidiary of India public sector utility Indian Oil Corp. Ltd., Lanka IOC is the largest lubricant supplier in Sri Lanka with a 17 percent market share. The company has been trying to grow its lubricant business both by increasing sales domestically and by finding new export markets.
Lanka IOC is one of three companies licensed to manufacture lubricants on Sri Lanka and one of 13 marketers licensed to sell lubes there.
According to the Lanka Business Online article, Lanka IOC recently began exporting to the Maldives. Indonesia would offer much greater sales opportunity as it is one of the 15 largest lubricant markets in the world.


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Located in an affluent suburb on the North Shore, an ideal opportunity now exists for a new owner to take over and reap the benefits! The current owner has run this business for the last 16 years and has built a strong reputation. The owner has now finally decided to retire and sell this business which is on the market for the first time. There is great potential for the right buyer to grow this business.
This is a nice and spacious Shop trading 7 days a week. We are advised by the owners that current weekly sales are $19,000/$20,000 approx. with the added bonus of Lotto sales of $7,000/$8,000 approx. per week.
This would be a great opportunity for an enthusiastic individual with a strong retail or customer service background, looking for an entry point to business ownership.
Priced at $495,000 plus stock.
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Matheson’s Provides Professional Corporate Moving Services Throughout Forty Fort, PA.
Downtime is money lost for your company. With Matheson Transfer, our process-oriented movers can provide you with and efficient, full-service corporate moving solution. Let us handle all of the details of your corporate moving from pre move planning, packing, moving, unpacking and even insulation. With Matheson Transfers’ team of corporate moving professionals, you will have a trained team of movers capable of relocating your business. We have over 70 years of office moving experience, no move is too big or too small for our expert staff. At Matheson Transfer we will handle all of the details and everything that needs moved. From computers and printers, to all sizes and types of office furniture, we are your complete choice. If you are also looking to relocate employees with your office moving Matheson Transfer also offers corporate relocations services for businesses and employees. With our full range of corporate moving services, employee relocation services and equipment moving services look no further than Matheson transfer. We have the staff, skills and services to make this move as efficient and successful as possible.
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For more information about our office moving services, questions or to request your free moving quote contact one of our corporate moving professionals today.
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30 November 2022, Virtual
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Business Travel Show Europe, presented by The BTN
INTERCONTINENTAL HOTELS has announced ”From the Heart”, a global initiative to raise funds for the Asian tsunami relief effort. For the week beginning Monday 14 February,21 hotels across the world will be asking guests to donate $2 or more per stay to support UNICEF”s tsunami relief and recovery efforts. For each donation up to $2 from guests, participating hotels will match the figure. To date, InterContinental has raised more than $420,000 through donations from employees, franchisees, Priority Club Rewards members and the company”s own donation of $125,000. The Intercontinental effort is one of many being organised by the hotel industry throughout the world.


Business London is unmatched in its ability to connect advertisers with the best prospects for your products and services. Each month, Business London reaches your prime customers — the leaders, entrepreneurs and innovators of corporate London. There’s no wasted distribution and no padded circulation. After all, what’s the point of selling to someone who can’t buy?
Why Business London?
tap here to see other videos from our team.
When you advertise in Business London, your brand’s message is delivered to a market of influential readers who have the purchasing power to go out and buy the products and services they choose. According to readership survey data, over 80% of Business London readers are managers and owners controlling budgets in excess of $1 million. They are the influencers within their peer groups.
In print, on the web and through our unique Virtual Paper edition, Business London allows you to directly target your preferred customers, especially customers who are difficult to reach any other way. When you advertise in Business London, it delivers a market of influential readers who appreciate the magazine’s editorial and advertising content and have the decision-making power to purchase.


As a Realtor, I believe client satisfaction is the single most important measure of success. By listening to you, being available to you, and putting all the resources of Coldwell Banker Preferred to work for you, I will negotiate the best outcome for you.
Education and Training
PA Real Estate License (2010)
Bachelor of Business Administration, Pace University, New York, NY (1983)
Awards And Designations
ABR - Accredited Buyers Representative
SRES - Senior Real Estate Specialist
SFR - Short Sales and Foreclosure Resource
New Negotiating Edge
Cartus Network Affinity Specialist
Areas of Expertise
First Time Home Buyers
My husband and I have been residents of Montgomery County since 1983. Over the years I have been an active volunteer in the community, the schools, youth sports and my church. After graduating from Pace University in New York City, I worked in commercial banking for 10 years. While raising 2 children I had various jobs in office management, retail management, and fund raising. My dad was a real estate investor so my love of real estate comes to me naturally. I decided to go beyond investing and get my real estate license in 2010. I believe the American Dream of home ownership is still alive and well, and I encourage all who are looking to buy or sell a home to contact me.


Seat spoiler for Jawa Bikes is elegantly designed covers protecting seats from spillage, dirt and dust. These enhances the seating comfort and matches with the vehicles color. The Seat covers are available in various attractive colors and customers can choose as per their wish.
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* Perak Accessories price mentioned here are indicative prices only. Price list of Perak Bike accessories may change without notice. Jawa Perak reserves the right to change the price at anytime. Jawa Perak Spare parts prices mentioned here are not inclusive of taxes.
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To promote the franchise business, both the franchisor and the franchisee, including developers and master franchisees, will need to undertake advertising and promotional activities. Where the franchisor undertakes international, national or regional advertising, the franchisee is typically obliged to pay advertising fees to the franchisor. These fees can either be a flat, weekly, monthly or quarterly fee, or calculated as a percentage of the franchisee’s monthly gross turnover. Alternatively the franchisor may provide the franchisee with advertising and marketing materials for a fee or simply oblige the franchisee to obtain the franchisor’s pre-approval to any advertising and marketing materials that the franchisee produces.
Advertising fees paid by franchisees may be held in a separate advertising fund by the franchisor. This fund can then be used by the franchisor for marketing campaigns with a right for the franchisees to audit the financial statements relating to the fund.
Alternative dispute resolution or ADR is a means of resolving franchise disputes without resorting to court action. The best known method of ADR is mediation but other options include arbitration, expert determination and direct settlement negotiations. The UK courts are very much in favour of ADR and parties will often need to show that they have, at the very least, considered ADR before resorting to court action.
Arbitration is perhaps best thought of as private litigation. The parties to a franchise agreement might agree that in the event of a dispute they will follow the rules of an international arbitration body such as the London Court of International Arbitration or UNCITRAL (the United Nations Commission on International Trade Law). These rules set out procedures very similar to those used by the courts, with exchanges of relevant documents and statements of case in preparation for a trial of the issues in dispute.
Arbitration clauses in franchise agreements are not uncommon, although arbitration can be as time-consuming and expensive as litigation at court. Its most obvious advantage is perhaps that where court proceedings are mostly public, arbitration is usually secret, enabling the franchisor to protect its brand from bad press. In addition, instead of a judge being allocated to the case by the court, the parties to arbitration can often select a decision-maker with specialist experience of their market sector and a legal background.
During the term of the franchise agreement, and for a period thereafter, the franchisor should be contractually permitted to audit the franchisee’s books of account. The main purpose for the audit will be for the franchisor to determine whether it has received the royalties and advertising fees to which it is entitled.
Where any such audit reveals a discrepancy in the fees paid or payable to the franchisor, the franchise agreement should oblige the franchisee to redress the discrepancy and in certain scenarios to cover the franchisor’s audit costs.
This is a set of business systems and procedures that are capable of replication by franchisees. It is these operational elements that define how the franchise business works.
This refers to an option whereby the franchisor has a right to purchase the franchise back from its franchisee. If the option is granted the franchise agreement should set out those scenarios where a buyback is possible – usually where the franchisee wishes to sell its franchise business to a third party or on termination of the franchise agreement – and the terms and conditions that would apply.
Where a franchisor wishes to expand its franchise business into relatively large new territories – which may include new regions within a country, or whole new countries – one option is to appoint a developer (another being to appoint a master franchisee). The developer will be granted the non-exclusive or exclusive right to expand the franchised business within its designated territory usually in accordance with a development or roll-out schedule. Subject to certain terms and conditions the developer will be granted the right to operate individual franchise businesses within the territory. The developer will therefore have two roles:
i. as the developer for the territory; and
ii. as the franchisee for individual outlets, stores and/or franchise business units.
Disclosure within a franchise context is where a franchisor provides information to prospective master franchisees, developers or unit franchisees before a franchise agreement (which here includes a master franchise agreement or a development agreement) is concluded. In a number of countries the provision of certain franchise-related information – prior to the grant of franchise rights – is a legal obligation on the franchisor. Disclosure is not a legal requirement in the UK but it is recommended best practice. It is also recommended by the British Franchise Association.
The typical information that is required to be disclosed includes: details of the franchisor; details of the franchise business; number and location of franchisees; key legal and operational obligations; intellectual property rights that form part of the franchise; and details of any franchise litigation. Disclosure has a different meaning in legal proceedings, where it can refer to the exchange of documents that are relevant to a claim.
Expert determination is a form of alternative dispute resolution. Whilst it might be most appropriate for a franchisor and franchisee to engage in litigation, arbitration or mediation where they do not agree on the facts or law of a dispute, and need an impartial referee to decide who is right , expert determination is often most useful in very technical disputes where specialist knowledge is vital. The expert will be appointed by the parties to evaluate their position, and the issues at stake, and make a final decision on the issue put to him.
An example might be where a franchise agreement contains particularly complex royalty payment provisions and a financial expert is needed to confirm which party has applied them correctly. An expert determination is – like arbitration and mediation – usually private, and will provide a binding decision that might resolve the dispute in its entirety, or might help the franchisor and franchisee narrow the terms of the dispute before it is referred to the courts.
A legal and commercial relationship between a franchisor and a franchisee that allows the franchisee to operate a business, under the franchisor’s established brand and in accordance with the franchisor’s systems, knowhow and business format.
The franchise agreement is the legal document that contractually binds the franchisor and franchisee. It should contain each party’s legal obligations, and is the framework within which the franchisee’s business must operate (although elements of the business format, knowhow and system should be described further in an Operating Manual).
This is the term used to describe a party appointed by the franchisor to run an individual franchise business. Master franchisees will also appoint franchisees. The franchisee’s legal obligations and responsibilities will be set out in the franchise agreement. Another term that may be used to describe a franchisee, particularly in a master franchise structure is a ‘sub-franchisee’ or ‘unit franchisee’.
Essentially franchising is a business model where one party (the franchisor) has developed a successful product or service and allows another party (the franchisee) to operate under its brand name in accordance with its business methods (which includes the business format, knowhow and systems), in exchange for a fee. As a result the franchisee benefits from consumer goodwill towards the franchisor’s brand and product(s) or service(s), and access to the franchisor’s proven methods of doing business.
This is the ultimate owner of the franchised business, including the intellectual property rights and particularly the brand, the knowhow and the system. It is the franchisor who appoints developers, master franchisees, unit franchisees or a combination of these.
This refers to the reputation amongst consumers enjoyed by the franchisor as a result of selling its product(s) or service(s) under its brand. In time a franchisee will also develop local goodwill through the operation of the franchised business.
In a franchise context a franchisor’s intellectual property rights typically include unique trade marks, copyright and patents. Typical examples of intellectual property rights include a business logo protected as a trade mark i.e. the brand, a secret recipe protected by copyright, and/or a unique product protected by a patent.
A franchisor’s knowhow is the franchisor’s knowledge and experience of how to operate its particular business within the industry sector. The knowhow forms a key part of the business format and the system. The franchise agreement should expressly grant franchisees the right to use the franchisor’s knowhow. As knowhow is not intellectual property it does not have the same level of statutory protection as, for example, is enjoyed by copyright or patents. Therefore it is essential that the franchise agreement provides protection for the franchisor’s knowhow, typically by ensuring the franchisee keeps it secret and confidential.
Where a franchisor wishes to expand its franchise business into relatively large new territories – which may include new regions within a country, or whole new countries – one option is to appoint a master franchisee (another is to appoint a developer). The master franchisee will usually be granted the exclusive right to expand the franchised business within its designated territory. Subject to certain terms and conditions the master franchisee will be granted the right to appoint its own franchisees in the territory. The master franchisee effectively becomes the franchisor for its franchisees. Another term which may be used to describe a master franchisee is “subfranchisor”.
Mediation is a form of alternative dispute resolution and is designed to help the parties to a dispute resolve their differences without the cost of time-consuming litigation. Unlike litigation and arbitration, mediation is less a battle of statements prepared by lawyers and more an effort to resolve the dispute by dialogue between the parties. It is relatively informal and, where successful, produces a settlement that is generally not binding until recorded in a settlement agreement.
The parties will try to select a mediator who will either discuss the dispute with both parties together or perform shuttle diplomacy between parties that don’t see eye to eye. The mediator will not make a formal judgment or decision, but will assist the parties in agreeing a voluntary resolution. Even unsuccessful mediation can be beneficial in helping the parties to a franchising dispute identify the real issues and thus save costs in any subsequent litigation.
A misrepresentation is a statement of fact made (in the franchise context usually by the franchisor) prior to the signing of the franchise agreement that induces or partially induces the other party (in this case the franchisee) to enter into the agreement, only for the franchisee to later discover that the statement was not correct at the time it was made. Misrepresentations are often in the form of exaggerations of the estimated success of the franchise, such as unrealistic earnings projections based on assumptions rather than previous data. A franchisee (including developers and master franchisees) that purchased its franchise in reliance on untrue statements may be able to bring a claim against the franchisor for misrepresentation.
The franchisor itself may have built up a portfolio of certain clients or customers for its products or services, which due to the customer’s size, geographical coverage or purchasing power, are accorded special status compared with smaller, less frequent customers. Such customers may be termed ‘National Account clients/customers’. National Account customers may enjoy preferential terms compared to other customers of the franchise business. These preferential terms are often set by the franchisor for franchisees to follow and adhere to. In some franchise businesses, the franchisor may itself provide the services or products direct to National Account customers – even in scenarios where the National Account customers are located in a franchisee’s territory.
The franchisee and principals are taught how to operate the business of the franchisor. It would be unfair (and destructive of franchising) if they could divert business away from their franchisor's business (which pays fees to the franchisor) and so avoid paying fees, also causing the franchise business to be less successful and to pay less fees to the franchisor. Accordingly Franchise Agreements typically prevent the franchisee and the principals from being involved in competing businesses without the franchisor's express consent both during the term of the franchise and for a reasonable period thereafter. The latter restriction enables the franchisor, or a successor franchisee in the local market, to continue the business under the brand, and not to lose to a competitor the goodwill for the brand which has developed in the local market.
The operations manual should contain all the information that is needed by the developer, master franchisee or franchisee to run its business in accordance with the franchisor’s systems, business format and knowhow.
Sometimes, before setting up a full network of franchisees, a franchisor might run one or more outlets in exactly the same way as it proposes the franchises be run. The pilot operation is essentially the franchisor’s learning or testing ground. The franchisor will appoint one or more pilot franchisees who may, for the term of the pilot franchise relationship, be granted more favourable commercial terms as an acknowledgement that the franchisor is still refining the franchise concept and system.
The pilot operation allows the franchisor to develop its operations manual based on the pilot franchisees’ operating experiences. It also enables the franchisor to test its franchise agreement to see which provisions work and which do not. Taking this approach means the franchisor might better understand its franchisee’s businesses, and might lessen the risk of making statements that misrepresent the truth.
Many franchise agreements contain a prohibition on the franchisee from being involved in a business that is similar to, or competes with, the franchisor’s business for a certain period of time after expiry or termination of the franchise agreement, Such a restriction is, on its face, in restraint of trade and therefore void pursuant to Competition Law. However, the courts have held that the franchisor/ franchisee relationship is similar to a vendor/purchaser relationship, rather than a consumer or employee/employer relationship, and therefore a post-termination restriction in a franchise agreement is enforceable provided that it goes no further than is reasonably necessary to protect the franchisor’s legitimate business interests. Such clauses need to be carefully drafted by an experienced professional to ensure their enforceability as what is and is not reasonable will vary from business to business based on a variety of different factors.
Franchisors almost invariably require the right to buy the franchisee's business or company if it is to be sold. This enables a franchisor that wishes to buy back the outlets in its network to do so. In the day-to-day operation of a franchise network, franchisors generally do not exercise this right, preferring to allow the business to be sold on to a new franchisee it has approved.
This term is frequently used in Franchise Agreements to refer to the key individual or individuals responsible for the franchised business where the agreement is signed with a small limited company as the franchisee. The principals are invariably required to guarantee that their company will pay the franchisor the amounts it owes under the agreement. In addition the principal is usually also bound by confidentiality and non-compete restrictions.
A franchisee, or indeed a developer or master franchisee, will be permitted to conduct business in accordance with the franchise agreement only for a specified period of time. It is only granted the use of the franchisor’s brand for that period. Some franchise agreements will contain terms and conditions that dictate what needs to be undertaken by the franchisee and franchisor to allow the franchisee to continue after the original franchise agreement would have expired. These are the terms and conditions for a renewal of the franchise.
As consideration for the grant by the franchisor to the franchisee of the right to use the franchisor’s knowhow, system and brand, and in return for ongoing training and support, the franchisee is obliged to pay the franchisor royalties on an ongoing, usually monthly basis. These royalties are often calculated as a percentage of the franchisee’s monthly gross turnover. Other terms that may be used for royalties are service fees or management fees.
The term used in many franchise agreements to refer to the continuing fees payable to the franchisor, usually monthly, for the right to use the business system and intellectual property rights of the franchisor, including the brand, and to benefit from the services and support the franchisor provides to its franchisees generally. Such continuing fees are sometimes alternatively described as royalties.
A franchisor may decide that it wishes to invest in its operations in new territories. It may therefore look to set up a new company with the developer, master franchisee or unit franchisee in that territory. The parties will enter into a subordinated equity agreement that will govern how the new company is to operate. The new company – which will be partly funded by the franchisor – will then be granted either master franchise rights (via a master franchise agreement), development rights (via a development agreement) or unit franchise rights (via a franchise agreement) by the franchisor.
The system represents the franchisor’s methods for conducting the franchised business. The system encompasses the franchisor’s knowhow and the business format. The operational elements of the system should be set out in the operations manual.
The term of a franchise agreement, or a master franchise or development agreement, is the period of time, usually a specific number of years, for which the franchisee can operate the franchise business. If the franchisee wishes to continue after the term expires, a renewal of the franchise agreement will be needed.
Termination describes the scenario where the franchise agreement, and therefore the relationship between a franchisor and its franchisee, comes to an end. Termination may arise in a number of scenarios including: (i) where the franchise agreement has reached the end of its contractual term (also referred to as expiration); (ii) in scenarios where the parties mutually agree to end it early; or (iii) in circumstances where one party has broken its contractual obligations in a way that allows the other party to end the franchise agreement. It is recommended that the grounds for termination, including any opportunity to remedy, are expressly detailed in the franchise agreement.
The specific geographical area, whether a city, region or country, within which the franchisee is granted the right to operate. Often, but not always, a franchisee will be given exclusive rights to a territory, meaning no other franchisee of the business will operate there in competition.


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§ 1 Applicability of Conditions
1. Our orders, deliveries and services occur exclusively on the basis of these business conditions. These also apply, therefore, to all future business connections, even if they are not expressly agreed again. At the latest, upon acceptance of the product or service these conditions apply as accepted. We expressly except acknowledgements of our contracting partners or information on his business- or purchasing conditions.
2. Departures from these business conditions are only effective if they are confirmed to us in writing.
3. If the written format is agreed, a change to the written form as well as the written form is required.
§ 2 Offer and Contract Conclusion
1. Our offers are subject to change without notice and non-binding Acceptance and all offers require our confirmation in written form for them to be legally effective. The corresponding applies to supplements, changes or sub-agreements. The confirmation of order / notice of acceptance is to be checked promptly concerning number of pieces, dimension and technology, and to be contested if necessary. If no prompt notice of defect occurs, it is manufactured according to information on the confirmation of order. Additional changes are carried out only after explicit written confirmation by us. These will entail added costs. Exemplars count only as approximate models for quality, dimension and color.
2. Our sales professionals are not authorized to make oral sub-agreements or oral approvals that depart from the content of the written contract.
§ 3 Prices
The prices are understood to be from the factory or depot and without packaging, if nothing else is agreed. As long as nothing else is specified, we consider ourselves bound to the prices contained in our offer for 30 days from date [of offer]. The prices quoted in the confirmation of order are standard and do not include VAT at the appropriate rate.
§ 4 Payments
1. Our invoices are to be paid without deduction within the grace period provided on the invoice. If the payment deadline is exceeded interest will be charged.
2. We are not obligated to provide further services before invoice balances that are due have been paid. If the payment term is exceeded with an invoice, or the contract partner gets into exposure of assets, this causes the immediate maturity of all of our invoices from business connections with the customer, even if an extension was granted or changes have been accepted.
3. Credit approvals and terms of payment can be revoked any time. Payments are to be made to the banks or accounts provided on our forms.
4. Our representatives are not authorized to perform collections. Different payment terms are to be fundamentally agreed by the conclusion of the sale. Drafts can be accepted as payment if this was agreed by conclusion of the sale.
5. Payments given in draft or checks are accepted only on account of performance.
6. Offsetting with counterclaims of the customer is excluded - unless, these would be indisputable or ascertained legally. The corresponding applies to any exercised right of retention.
§ 5 Contracts
1. If it turns out after conclusion of the contract that the credit rating of the contracting partner is not suitable for a grant of credit, we are thereby entitled to demand prepayments or security deposits at our discretion because of due or not yet due claims from all existing contracts, and to refuse fulfillment until prepayment or payment of a security deposit.
If this demand is not fulfilled by the deadline, we can, at our discretion, withdraw from the contract or require compensation for damages because of non-fulfillment.
2. Contract annulments are only effective with our approval. In this case, as well as in all contract cancellations caused by fault of the customer, we are entitled to compensation for the damages resulting from lack of fulfillment at the rate of 25% of the agreed purchase price sum without detailed verification. In individual cases, we reserve the right to demand higher damage compensation, and it is left to the customer to prove that the damage has not occurred or was lower.
§ 6 Passing of Risk
The risk passes to the contracting partner, who is the enterpriser, as soon as the shipment has been handed over to the transportation company or has left for the purpose of sending to our warehouse. In case delivery is not possible by no fault of our own, the risk passes to the customer (i.e. enterpriser) upon registration of readiness for shipment. This also applies if we have taken over the shipment- or delivery costs.
§ 7 Packaging
If the shipment of wares occurs on palettes, these will be billed with their customary purchase price. Upon return to our factory the amount is credited less a usage charge.
§ 8 Guarantee and Limitation
Legal regulations apply with the following requirements:
1. The enterpriser as contractual partner is obligated to inform us of deficiencies immediately in writing, and at the latest within a week after receipt of delivered items.
Deficiencies that cannot be discovered within this timeframe even with careful checking are to be indicated to us in written form immediately after discovery.
2. The warranty period amounts to 1 year for contractors for movable items which are not intended for construction according to their usual use.
For consumers, the legal regulation applies. This does not apply to damages from death, bodily injury or bodily harm which is based on a careless or intentional breach of duty of the user or a careless or intentional breach of duty of a legal representative or assistant of the user.
3. We are liable for delivery defects within the scope of the guarantee to the exclusion of other claims as follows:
All those parts which show defects are to be repaired free of charge according to our equitable discretion, or to be delivered anew those which are useless or considerably impaired in their usefulness, in particular because of faulty design, bad building materials or defective construction as can be proved as resulting from a condition existing before the passing of risk. Nevertheless, the opportunity is to be given us to check the contested defects there and then or to have them checked. Replaced parts become our property.
For foreign products, the contractual partner can require either the cession of our liability claims against our supplier, or oblige us to assert these liability claims with our supplier for him.
c) Regarding the undertaking of all emerging necessary repairs and spare deliveries, the contracting partner has to give us the necessary time and opportunity for the repair or spare delivery after prior notification; otherwise we are released from liability for defects.
d) Of the existing direct costs of the repairs or spare delivery - as long as the complaint turns out to be warranted – we cover only the
costs of the replacement parts including the delivery and the assembly- and disassembly costs.
We can refuse the removal of defects, as long as the contractual partner is not ready to fulfill his contractual obligations in return for the fault removal.
f) No guarantee is assumed for damages which have originated for the following reasons: inexpedient or improper use, faulty assembly by the contractual partner or faulty or negligent handling.
g) Liability is excluded for results arising from an alteration or repair work that is carried out because of possible improper use on the part of the customer or third party without our previous approval.
h) With DIN/EN-standardized goods the DIN/EN tolerance applies.
In other respects thickness tolerance + - 2mm applies, length and width tolerance + - 3mm, default freedom + - 3 mm/m per linear meter. For insulation panels a level-level surface cannot be guaranteed for technical reasons. Unevenness is no grounds for a complaint.
j) § 8 number 3 „a“ to „g“ do not apply to users.
§ 9 Extending the warranty
Our contracting partner as an entrepreneur commits himself to forego for the case of subcontracting supply of a component on the defense of the limitation for another six months after the expiration of the warranty in order to grant to us the possibility of recourse.
§ 10 Delivery- and Time of Performance
1. Delivery dates or deadlines that can be declared binding or non-binding are required to be in written form.
2. Delays of delivery and service delays because of acts of God and on the basis of events which make it significantly difficult or impossible for the sales person to perform the service
- especially included here are strike, lock-out, official directives, transportation problems, like traffic jam, blockages or similar, etc., also if they occur for our deliverers or sub-deliverers - we do not have to respond with obligingly agreed deadlines and appointments. They entitle us to push back the delivery or service around the duration of the impediment plus an adequate lead time, or to withdraw completely or in part from the contract because of the not yet fulfilled part.
3. If the hindrance lasts longer than 3 months, the contractual partner is, after appropriate grace period notification, authorized to withdraw from the contract in view of the not yet fulfilled portion. If the term is extended or we become free of the obligingly agreed delivery date / deadline, the contracting partner cannot derive compensation claims out of this.
4. We are authorized to provide partial deliveries and services at any time.
5. In any case, the observance of terms of delivery or appointments assumes the final clarification of all technical details and, if necessary, the timely adduction of the specifications to be reported by the contractual partner, or documents to be procured, approvals, releases etc., and performing the necessary requirements as well as the submission of contractually agreed payments, if necessary.
§ 11 Reservation of Property Rights
1. Until payment of all receivables (including all account settlement requirements from current accounts as well as note receivables) which we are entitled to on every legal ground against the contracting partner and his enterprise group now or from now on, the following securities are granted which we will release by request based on his choice, as long as their value exceeds the receivables by more than 10% with lasting effect.
2. The goods remain our property. Conversions or reorganization always occur for us as a manufacturer, however, without obligation on our part. If our (joint) ownership expires by incorporation, it is therefore agreed now that (joint) ownership of the buyer of standard items carries over to us as a percentage of value (invoice value) . The contracting partner safeguards our (joint) ownership free of charge. Goods that we are jointly entitled to are designated below as goods subject to retention of title.
3. The contracting partner is entitled to process the goods subject to retention of title in proper business dealings and to dispose of them, as long as he is not in default. Pledging securities or transfers by way of securities are inadmissible. The contracting partner resigns to us by way of security in full amount existing receivables from the resale or from other legal grounds (assurance, unauthorized action) with regard to goods subject to retention of title (including all balance receivables of the current account) . We authorize the contracting partner to collect the receivables surrendered to us for our calculations in their own name until revoked. The collection authorization can be revoked only if the buyer does not properly satisfy his obligations to his bills of debt.
4. If third parties gain access to the goods subject to retention of title, the contracting partner is advised of our property and must inform us immediately. Costs and damages are the responsibility of the contracting partner.
5. If the customer's behavior is contrary to the terms of the agreement - in particular default - we are entitled to take back the goods subject to retention of title and to require, if necessary, abandonment of the right to release charges of the customer against the third party. In the revocation as well as in the garnishment of the goods subject to retention of title by us, there is no withdrawal from the contract.
§ 12 Limitation of Liability
1. Our liability is – with the exception of damages from death, bodily injury or injury to health – limited to gross and deliberate negligence. That also applies for damages caused by staff assistants and legal representatives.
2. Nevertheless, without limitation, we are liable for damages from death, bodily injury or injury to health.
3. With regard to enterprisers we further limit liability according to paragraph 1 to the typical damages predictable by conclusion of the contract. Paragraph 2 remains unaffected by this.
§ 13 Abandonment
The abandonment of claims which are entitled to the contracting partner from the business connection to us is excluded.
§ 14 Applicable Law, Legal Venue, Partial Severability
1. The laws of the Federal Republic of Germany apply for these conditions of business and the entire legal relationships between us and our contracting partners.
2. As long as the contracting partner is a salesman in the sense of the German commercial code, legal personnel of public law or special fund under public law, the District Court of Riedlingen or County Court of Ravensburg is the court of jurisdiction for all direct or indirect disputes arising from the contractual relationship.
3. Should a provision in these conditions of business or a provision in the scope of another agreement be or become ineffective, the effectiveness of all other provisions or agreements are not affected.
§ 15 Final Clause
We save data of our clients and interested parties in the framework of our mutual business connections in accordance with the Federal Data Protection Act.
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Well I found this on the net, works for me (Win 95), might be worth a try!
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Very very bad!!!BUYER BEWARE!! You may save if you purchase AC from owner Patrick but installation and labour warranty is scam. Installed AC in 1hr 1/2. Professional is minimum 4hrs. As a result unit leaking freon for 3 years. All he did was fill the unit with freon withought thorough inspection to locate a leak. This is not common practice and is illegal. 3rd year he stated leak coming from my condensor coil which is under warranty by manufacturer but will cost me to install and its a big job. He wanted me to pay over the phone before the job was ever started. So I decided to get another company BBB accredited to inspect and they found nothing wrong with the coil but everything wrong with the installation and sealing of unit. They basically re-installed the unit by first conducting several pressure checks, thoroughly vaccuming the unit, seal conection on furnace, seal valves, seal hole in my wall and placing back my insulation. AC never worked better. Save yourself the greif and do not go to Pat the owner of the company for AC install or service, it is a scam. Go to a BBB accredited company.It will save you lot of money in the long run. Hope this helps.


Mo Farah rarely smiles after a loss. Usually it is too painful.
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Londoners spend on average over £6,000 on their jobs each year just getting to and from work, as well as buying work-related items, new research has shown.
Rarely have financial markets had a more traumatic start to the year. Shares plunged, the price of oil clattered to its lowest level in 11 years, trading on the Chinese stock market was halted twice, and the World Bank warned that a “perfect storm” might be brewing.
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Pedro Caixinha's Rangers number three watched Norwich City on Monday, and may have been impressed by more than one of their players. Could an Ibrox move be on the cards?


About the film
war on drugs cocaine drug dealer marijuana drug bust dea agent law enforcement
How to Make Money Selling Drugs
Release Date: September 07, 2012
|Production Companies||:||Bert Marcus Productions|
|Producers||:||Adrian Grenier, Bert Marcus|
Ten easy steps show you how to make money from drugs, featuring a series of interviews with drug dealers, prison employees, and lobbyists arguing for tougher drug laws.


With its beautiful shape and exquisite bird detail on lid, this lovely ceramic jar brings an elegant look to your home. Its charm will add beauty and a splash of color to your countertop, bookshelf, bathroom or just by itself anywhere.
Size: 7"H x 6"W x 6"D
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KLRN Video Home
UTSA coach Jeff Traylor talks about what the coming years will look like for UTSA football
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Thief Sells Couple a Stolen Ram Rental Truck for $16000: If It’s Too Good to Be True…
Car theft with fake registrations is rampant. A couple in Houston found out the hard way when they bought or thought they bought, a 2022 Ram pickup for a steal. And it was a steal, or rather, stolen. The truck was actually a stolen rental truck. The woman said, “While the price seemed too good to be true, the documentation at the time seemed legitimate.” Now, she and her husband are out $16,000, which was the sale price.
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The couple previously made two hassle-free purchases from Craigslist, so what could go wrong? “He showed a blue title to us and he even had a Carfax report with his name on it,” she told Click2Houston. “And he showed us the ID. Everything matched, the VIN number matched the truck.”
She said that the seller let them take it for a test drive, and even posed for a photo with the couple before going to the bank to finish the transaction. Throughout the transaction, the seller kept telling the couple he wanted cash. It almost killed the deal. But the seller had a reason.
Why did the couple pay cash for the stolen truck?
The man told the couple he needed the cash because he was getting a divorce and didn’t want his wife to know he had the money. There are lots of good reasons to accept cash, especially under those circumstances. Everyone wants to help a nice guy.
So the couple went to the bank and left with two stuffed envelopes of $100 bills. With the transaction complete, the couple’s next stop was the Department of Motor Vehicles to get the registration. The bad news was revealed soon after arriving there.
The stolen truck was an Avis rental truck
“The title, she told me to look at very carefully,” the DMV woman told them. “He erased it and typed in his name.” Houston police said that the truck was an Avis rental from San Antonio. It was to be returned a few days later, which is why Avis had not reported the truck stolen.
Houston police have the truck and are trying to identify the thief. “Very sad. Probably not because of the $16,000, but you feel like you can trust people. You feel like you got cheated,” the couple said. Yes, all of this is true.
But you have to be on your guard buying vehicles from Craigslist listings. Over the past several years the number of scams has increased. Then there is the problem of his reason for the cash.
The couple could also be charged with a crime
If you knowingly participate in scamming a spouse in the middle of a divorce. You’re helping a spouse hide assets. That opens you up to being a party to a crime, which can include jail time.
And finally, that saying about being too good to be true? Over the centuries it has been proven millions of times. Yes, centuries. It dates back to 1580 for author Thomas Lupton’s “Sivquila.” And no, it’s not tequila misspelled.
So just the fact it rings so true in 2022 means something. Use it to guide your private party purchases.


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