Prior to the announcement of the revised Franchise Rule in January 2007, there was much speculation among franchisors as to how changes to the Rule would affect the sales process.
How the New FDD Has Affected the Franchise Sales Process
Based on what the author has heard since franchisors have updated their FDDs, there are mixed feelings as to whether changes to the Franchise Rule have improved or complicated the sales process from the perspective of franchisors.
By
David E. HoodThis premium content is locked for LawJournalNewsletters subscribers only
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