A franchisee who sued his franchisor for fraud learned the hard way why it’s important to read the Franchise Disclosure Document, cover to cover, before buying a franchise. The California Court of Appeals ruled against him because the disclosure document Big O gave to the franchisee before he bought contradicted each and every one of his claims.
Month: August 2013
New Franchise Legislation In California Tabled Until Next Year
SB 610, which would add a statutory duty of good faith and fair dealing to the California Franchise Relationship Act, has been tabled for the year by the bill’s sponsor. It will be available for consideration by the Assembly Committee next year.
Podcast: “Top 10” List Of Considerations For Buying A Franchise
Last week I was interviewed on The Franchise Radio Network, a weekly podcast / radio show. On this show, we discussed ten of the key items that should be considered before buying a franchise. You can find the interview here.
