Monday, December 5, 2022
HomeSubject AreaWashington ReportNAR Weighs in on Franchise Rule Evaluation

NAR Weighs in on Franchise Rule Evaluation

Final up to date greater than a decade in the past, the Federal Commerce Fee (FTC) is within the means of their decennial overview of the “Franchise Rule” that requires franchisors to offer potential franchisees with a franchise disclosure doc (FDD) containing details about the supplied franchise and the general franchise system. This affords present and potential franchise house owners with the data they should weigh the dangers and advantages of a such a enterprise funding.

NAR just lately signed a coalition letter to the Home and Senate in assist of the franchise mannequin, which promotes enterprise possession and financial progress, with the assistance of  clear and constant disclosure of knowledge on the outset of the franchise relationship as outlined within the present rule. Keep tuned to for the newest info.

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