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of what franchising is like," says Frazer. "This will avoid the shock later on."
ACCC deputy chair Michael Schaper says that early education of potential franchisees is a critical factor in their business
http://www.wikidfranchise.org/20100603-accc-to
Minister Tom Koutsantonis says new franchisees can be vulnerable to unfair terms when they sign up.
"The idea that you're forced to buy stock not at market rates is unfair," he said.
"Being told
http://www.wikidfranchise.org/20101001-franchisees-get
that the government finally passed was a bill that dealt primarily with before the contract is signed, disclosure of information, and it also allowed the franchisees to associate and build in some wording in the case
http://www.wikidfranchise.org/20011207-bill-to
, the legislation requires franchisors to provide prospective franchisees with specific disclosure not less than 14 days before the earlier of the signing of a franchise agreement or the making
http://www.wikidfranchise.org/20000426-franchisee-discovered
, it will require franchisors to disclose key information to potential franchisees before any contract is signed.
“It’s a step in the right direction,” notes Stewart. “Disclosure is the cornerstone
http://www.wikidfranchise.org/19991223-protection-for
to their own.
The lawyer representing the 13 franchisees, Phillip Rice of Auckland law firm Grove Darlow, declined to comment on the case.
However, he said it was vital that anyone considering buying
http://www.wikidfranchise.org/20010808-franchisor-v
the franchisee has all of the information needed to make a wise decision before signing on the dotted line, or handing over any money.
P.E.I. joins Ontario and Alberta as the only provinces to have laws protecting franchisees.
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Risks: , Canada, 20061226 New protection
http://www.wikidfranchise.org/20061226-new-protection
. Tractenberg, 215-246-3525
Richard C. Pedone, 617-345-1305
or
Independent Owners Cooperative, LLC
Jack Crawford, 207-865-6105 x 254
Brought to you by WikidFranchise.org
Risks: Franchisees move to buy system
http://www.wikidfranchise.org/20040728-ground-round
. If a prospective franchisee were going to buy a franchise, he or she can do the same thing you’ve done, and call all the numbers listed.”
A new Illinois franchisee said he did limited research by calling four
http://www.wikidfranchise.org/20090501-how-important
and threats facing the sector. These include tight credit conditions; rising interest rates; greater competition for potential franchisees; increasingly saturated or “over franchised” sectors of the economy
http://www.wikidfranchise.org/20100309-ominous-signs
