So now you know what it means to “franchise” a concept or brand. You want to move forward in this exciting new opportunity and franchise your business. What are the
Continue Reading What Steps Should a Successful Business Owner Take To Prepare for Franchising – Part II?financial performance representations
FDD Item 19 Financial Performance Representations in the Age of COVID-19
With most non-essential businesses closed across the country, it is easy to forget we are two weeks away from the April 30th Franchise Disclosure Document (FDD) update deadline for franchisors…
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Last Chance to Provide Your Comments on the NASAA FPR Commentary!
My colleagues and I have posted in the past about the proposed commentary on Item 19 Financial Performance Representations…
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Drafting Matters: Franchise agreement fells misrepresentation claim
A federal court in Minnesota recently dismissed a franchisee’s misrepresentation claims thanks to the franchisor’s carefully drafted franchise agreement.
Franchisee Moxie Venture L.L.C. (“Moxie”) brought suit against franchisor The UPS…
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NASAA Releases Commentary on FDD Financial Performance Reps for Comment
Last week the NASAA Franchise and Business Opportunity Project Group released for public comment a Notice of Request for…
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Can You Put Information from FPRs in Your Advertising? Very Carefully.
I continue with my seventh and final installment on Observations from the IFA Convention on the Ins and Outs of Financial Performance Representations (“FPRs”). Again, my thanks to Max Schott…
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When Would a Franchisor Ever Want to Use a Supplemental FPR?
I continue with my sixth installment on Observations from the IFA Convention on the Ins and Outs of Financial Performance Representations (“FPRs”). Again, my thanks to Max Schott of Gray…
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Does One State’s Required Change in a FPR Apply Nationally by Default? Probably.
Today, I continue with the fifth installment on Observations from the IFA Convention on the Ins and Outs of Financial …
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Preparing FPRs: Is Variety the Spice of Life?
We continue with the third installment on Observations from the IFA Convention on the Ins and Outs of Financial Performance …
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How Should a New Franchisor Address Financial Performance Representations?
I continue with the second installment on Observations from the IFA Convention on the Ins and Outs of Financial Performance…
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