The Franchise Disclosure Document section franchisors most frequently get wrong is Item 2. Avoid making these mistakes in Item 2 of your FDD.
If you have at least one franchisee operating in the state of New York State, you are required to file your annual information return under a state tax law. If you have filed previously, the due date of the annual report is June 20th.
A new type of email scam targets franchise attorneys. This post will help franchise lawyers recognize the scam and avoid being defrauded.
The first of a two-part piece examining why “dabbling” franchise attorneys — that is, those who are inexperienced in franchising and franchise law but get involved with franchise transactions anyway — can be harmful to their clients.
One of the most common provisions in franchise agreements is the “forum-selection” clause. This article examines the forum-selection provision and a recent case involving such a provision, Maaco Franchising Inc. v. Tainter.
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.