One Franchisor says due to Federal Trade Commission it is illegal to disclose profit of any franchise store at initial stage

I agree with my colleagues. It's only a correct answer IF the franchisor has made the decision not to provide financial performance information in...

What is involved in Holding Promissory Note?

I agree with my colleagues. To answer your question, you will need to consult with an experienced franchise attorney, who will need to review your...

I agree with my colleagues. First, this does not appear to be an issue with your franchisor (unless your franchisor is also going to be your...

I agree with my colleagues. What you need to weigh is not your initial investment vs. the attorney's quoted fee. What you need to consider is your...

If i download an Federal Disclosure Document from a franchise does that bind me to a non-compete clause?

No. The FDD is a publicly-filed and publicly-available document. It is not a confidential or proprietary document. You cannot be bound by a...

Is that legal ?

I agree with my colleagues. The enforceability of your post-termination covenant not to compete with the franchisor will depend on how that...

Franchise territory encroachment

I agree with my colleagues. The answer to your question will turn on the specific language in your franchise agreement. Depending on what state in...

To the answers provided by my colleagues, I would add that there are some other costs that you need to be prepared and budget for. To offer...

You will need to provide more information before this question can be answered. Your options will depend on: a) what your franchise agreement says...

Does franchisor provides documents required to evaluate sale price (or value) of a running franchise to a potential Buyer ?

No. The franchisor will be able to (and, assuming that the franchisor wants the incoming franchisee (buyer) to sign a new franchise agreement, will...