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- Improvement of Franchise System Proves Effective for Houston Pizza Franchise
- Franchising versus Licensing
- Recovery of Legal Fees in Franchise Litigation
- Franchisors: Financing Options to Increase Franchise Sales
- "The Accidental Franchisor?": When is Franchising Right?
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- Taco Bell Meat Integrity Questioned in Class Action Lawsuit...
Posted on 2/2/2011 - Franchising Documentary Damages Cold Stone Creamery Franchises...
Posted on 1/17/2011 - Noble Roman’s Inc. Wins One Lawsuit, Starts Another...
Posted on 1/13/2011 - Successful Franchises Listen to Customer Demand...
Posted on 1/12/2011 - Kid’s Clothing Store Sues for Trade Secret Theft...
Posted on 12/9/2010
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Franchisor Services
What is the Waiting Period After Delivery of a Franchise Disclosure Document to a Prospective Franchisee.
A: Pursuant to the Federal Franchise Rule, franchisors must disclose and deliver to their prospective franchisees the franchisors current FDD (Franchise Disclosure Document) at least 14 days prior to the prospective franchisee signing any binding agreement or paying any fee. If, during the negotiation period (after delivery of the franchisor's then current FDD) the Franchisor "unilaterally" and "materially" modifies the terms of the franchise agreement or other documents attached to the FDD then the franchisor must re-disclose the modified agreements and wait an additional 7 days. This redisclosure obligation and waiting period does not apply to modifications resulting from negotiations with the franchisee.
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