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?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
Continue Reading FDD Item 19 Financial Performance Representations in the Age of COVID-19
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
Continue Reading NASAA Releases Commentary on FDD Financial Performance Reps for Comment
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
Continue Reading Can You Put Information from FPRs in Your Advertising? Very Carefully.
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
Continue Reading When Would a Franchisor Ever Want to Use a Supplemental FPR?
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
Continue Reading Does One State’s Required Change in a FPR Apply Nationally by Default? Probably.
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
Continue Reading How Should a New Franchisor Address Financial Performance Representations?