An interesting decision has recently come down from the Court of Appeals of the State of Wisconsin. In C&M Hardware v. True Value Company (May 2013), the appeals court
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FDD
FTC: Territory Not Exclusive if Franchisor Reserves Non-Traditional Venues
A new "FAQ 37" recently released by the Federal Trade Commission (FTC) staff makes it clear that a franchise system which reserves the right to non-traditional venues must disclose that it does not…
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FTC April 30th Updating Deadline Approaching for Calendar Year Franchisors
The FTC requires a franchisor to update its franchise disclosure document (FDD) within 120 days of the close of its fiscal year. The April 30th deadline is fast approaching for franchisors who completed their fiscal year on December…
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Deciding the Right Form of Financial Statements for Start-Up Franchisors
The preparation of financial statements is often a stressful, burdensome, and expensive process for a business. That is why a start-up franchisor will likely have many questions for its attorneys and accountants about the financials…
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