Franchise compliance
When are Parent Company Financial Disclosures Required?
A franchisor selling franchises in the U.S. must disclose its audited financial statements in Item 21 of the franchise disclosure…
Read MoreTesting a New Franchise Concept
One of the toughest challenges an aspiring franchisor may face is selling its first franchise. Who would take the risk…
Read MoreCorrecting an Accidental Franchisor Violation
Correcting an Accidental Franchisor Violation What’s a franchise? Franchise registration and disclosure laws define a “franchise” more broadly than people…
Read MoreSuspending Franchise Sales
In several states that require franchise registration, franchisors should suspend franchise sales while an amendment or renewal application is pending with…
Read MoreWhat’s a Biz Op?
What’s a business opportunity or, as we often say, a “biz op”? The Federal Trade Commission (FTC) regulates biz op…
Read MoreWhat’s an Exclusive Territory?
The extent of a franchisee’s territorial rights is the subject of Item 12 of the franchise disclosure document (FDD). One…
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