septembefprevent

11.01.2011., utorak

Should Franchisors be Required to List Litigation in Disclosure Documents?

Currently Franchisors are required to list litigation in the Uniform Franchise Offering Circular, which is against them. Soon they maybe required to list the litigation that they file as well. In my opinion this is a bad idea all the way around. First of all putting dirty laundry in a UFOC is bad business, the more that is there the worse it is for the brand name and the future franchisees psyche going into a new business. It creates fear, it closes communication; if the franchisor is required .

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