Follow on Google News News By Tag * How To Franchise * Franchise Consulting Firm * Franchise Consultants * Franchise My Business * Franchise * More Tags... Industry News News By Location Country(s) Industry News
Follow on Google News | The Delicate Problems Of Inter-Galactic FranchisingAs the Space-X Dragon splashed down in Los Angeles the other day, this couldn’t help but get caught up in the most crucial technology question of our day
By: Francorp Inc. Things are about to get a little messy and complicated when it comes to international territory rights, general ownership, and franchise sales on multiple planets. A person may think it’s a joke, but it’s almost a guarantee that Attorney Tim Hughes, General Counsel and VP at Space-X, and Marc Holzapfel, Legal Director at Virgin Galactic are staying awake at night worrying about how the most successful franchisors in the world are going to carve up the universe. After all, we are just one particle-accelerator engine design away from being able to cost-effectively mine lithium and gold from the moon. Who is going to house and feed all these miners and space-tourists when these large-format space vessels are going back-and-forth like the L-Train? The Cato Institute via contributing author Joel D. Scheraga wrote a white paper outlining how as satellite technology becomes increasingly less expensive, territory rights for the expanded amount of units launched to control our massive need for communications is becoming more complicated. The same way that the placement and targeting of this satellite “real-estate” At this juncture, space tourism is the only potentially viable justification for putting franchises in space. Harvesting minerals, however, is only ten to twenty years out, according to Bob Richards, CEO of Moon Express in this recent interview https://www.youtube.com/ But for now, Sir Richard Branson from Virgin Galactic is the only one brave enough to take the critical step of actually selling TICKETS to space (530 tickets sold at last count! http://www.virgingalactic.com/ It is not hard to picture either Elon or Sir Richard arranging financing to erect the buildings to house the first KFCs, McDonalds, and Four Seasons Hotels on every available planet. But what does the U.S. do when China cries “foul”, pointing out that the U.S. and U.K. have no right to declare inter-galactic boundaries arbitrarily and start soaking up space? There is no doubt that territorial and franchise legislation in space will soon launch a new and complicated chapter in franchise law, redefining the rules of replication beyond our world’s borders. Interested in learning more about franchising and/or how to franchise (http://www.francorp.com/ End
|
|