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Where It All Began: The Evolution of Franchising

TASA ID: 11532

There are references in American history to early business relationships which, while possibly not meeting the current FTC definition, were without a doubt, franchise/licensing relationships. These relationships existed in the selling of wares from town-to-town by peddlers, licenses granted for general stores at military outposts, and certain livestock sales and other goods in which exclusive territorial rights were granted to the "franchisees" by the holder of the rights. Unfortunately, while the relationships are mentioned in the literature, the names of these early franchise founders and the structure of the business arrangement are not. 

Throughout its long history, there have been four constants that have fueled the growth of franchising, the desire to expand, the lack of expansion capital, the need to overcome distance, and managing people from a distant location.

The use of franchising can be traced to the expansion of the church and as an early method of central government control, probably as far back as the Middle Ages. Some have written that it may indeed date back as far as the Roman Empire or earlier and given the necessity of large territorial controls, coupled with the lack of modern transportation and communication at the time, there is reasonable basis for this assumption.


Image/Reputation/Brand Damage:

Does Litigation Solve the Problem?

TASA ID: 2156

When the image, reputation or brand of a person, business, organization or any type of entity has been damaged by defamation (e.g. libel, slander) or any form of communications or action by another, it often leads to litigation.  The wronged party seeks redress in some form or another to “right the wrong” so-to-speak.  It could be simply to have the offending party admit they were wrong (to specific parties or publicly), to have them apologize, to reverse an action, to demand restitution in some form, etc.  In many instances, it involves litigation.

Of Slopes and Flops – Navesink International

TASA ID: 13992

This article was originally published on NavesinkInternational.com and in Albourne Village, village-us.albourne.com

Portfolio modeling and information selection

Any investment decision should be grounded in solid market or economic information, not in the investor’s last emotion. This is true no matter which investment segment the portfolio manager is in:
  • In global macro / asset allocation, CIOs use econometric information (GDP, growth, balances, unemployment, PPP…), as well as market information (FX rates, interest curves, index PE...) to decide their asset class allocation.
  • In discretionary equities, portfolio managers ground their analysis in corporate fundamental information (cash-flow models, ratios, balance sheet metrics and their growths), more qualitative information (business strategy, management quality, relative positioning, provider and client data, new products) and many types of market & economic information.
  • Statistical arbitragers use technical information (momentum, acceleration, volatility, oscillators…), fundamental information (ratios, cash-flows, balance sheet statements...) and pretty much any data source they can put their hands on.

To read more, download the pdf below. 

The Importance of Sound Banking Procedures and Reviews by Multiple Sets of Eyes

TASA ID: 2717

The internet is full of landmines and scams. In this situation, a hacker obtained the email of the O’Neill Bragg president and sent an email to the VP in charge of banking to wire $580,000 to the Bank of China.  The VP didn’t question the email and completed the required wire transfer procedures for Bank Of America (BOA), O’Neill Bragg’s bank.  The Bank wired the funds thereafter.

Blockchain: Beware of the crypto-hype

December 2018

TASA ID:

This article was originally published in ITNOW, Volume 60, Issue 4, Pages 22–23, 1 December 2018,  by © 2018 The British Computer Society.

Dr. Stephen Castell explains why IT professionals need to watch out for crypto-hype and be alert to the problems ahead.

There is currently a crypto-algorithmic blockchain technology mania. Huge amounts of money, commentary, thought, ink and new paper column inches are being lavished on blockchain based technologies such as cryptocurrencies, smart contracts and distributed ledgers.

It seems almost every millennial is involved with an initial coin offering (ICO) or initial token offering (ITO). A few of these may prove to be commercially successful. They may establish a new crypto-economic paradigm. I wish these crypto-enthusiast millennials well. Indeed, I have dubbed crypto the millennials’ rock’n’roll.

To read the complete article, click here

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