Grow Your Franchise | Franchise Law Blog

Category: Grow Your Franchise | Franchise Law Blog

Impact of California’s AB5 on Franchising

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California’s passage of Assembly Bill 5 (“AB5”) represents a significant legislative shift in what constitutes and qualifies as an employer-employee relationship under California law. AB5 creates stricter requirements as to when a California business may classify an individual as an independent contractor and, thereby, extends California’s extensive employee wage and labor protections to individuals who…

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New 2020 NASAA Requirements for FDD State Cover Page

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On May 19, 2019, NASAA, the North American Securities Administrators Association, issued new guidelines requiring changes to the structure, content, and overall format of the FDD State Cover Page and the Effective Date Page. These new guidelines and requirements become effective January 1, 2020, for all FDDs issued in 2020 and thereafter.

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