What is “The Franchise Rule” and what should I know about franchising?
In short, it is: 16 Code of Federal Regulation (CFR) Parts 436 and 437 More specifically, the Franchise Rule gives prospective purchasers of franchises the material information they need in order to weigh the risks and benefits of such an investment. The Rule, primarily enforced by the Federal Trade Commission (“FTC”) at the federal level, […]
