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The Federal Trade Commission requires franchisors to a. give prospective franchisees a franchise disclosure document at least 14 business days prior to the signing of
The Federal Trade Commission requires franchisors to
a. | give prospective franchisees a franchise disclosure document at least 14 business days prior to the signing of a contract or payment of any money. | |
b. | give prospective franchisees earnings information on the company. | |
c. | disclose any litigation the company has ever been involved in. | |
d. | let prospective franchisees know how many franchisees have gone out of business in the prior five years. |
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