Government
Mar. 15, 2007
Caveat Franchisor
Focus Column - By Tal Grinblat and David Gurnick - A new Federal Trade Commission rule will make selling franchises more complicated and risky.
By Tal Grinblat and David Gurnick
Since the 1970s, the Federal Trade Commission and the state of California have required franchisors to give extensive written disclosures to individuals and companies considering buying a business franchise. The rules cast a wide net, including in their definition of "franchise" many businesses that might not look like typical franchise operati...
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