Last night I reviewed a franchise agreement and found a surprising, and illegal, provision buried deep in the contract. If ever there was a compelling case for being careful when you are choosing legal counsel, I just found the provision that makes it.
Franchisees and franchisors continue to fight new minimum wage laws by U.S. cities that discriminate unfairly against small business owners who are affiliated with franchise systems. Are these types of laws “industry specific” within the meaning of Item 1 of the Franchise Disclosure Document?
The California Department of Business Oversight (DBO) recently announced updates to its electronic filing portal that franchisors and other companies use to file franchise registration documents in California.
Avoid making these mistakes in Item 6 of your Franchise Disclosure Document.
The Franchise Disclosure Document section franchisors most frequently get wrong is Item 2. Avoid making these mistakes in Item 2 of your FDD.
The California Department of Business Oversight announced yesterday that it will be launching a new portal that will allow franchisors to electronically file franchise applications and exemption notices with the state.