Up Front With Franchise Info

Franchise owners may have to give more warnings to prospective franchisees, after the US Federal Government today announced a review of the franchising code of conduct.

Small Business Minister Fran Bailey said the Government would review the disclosures section of the code, which relates to the information franchisors, must disclose to prospective franchisees. She said there had been concerns raised in recent months about the adequacy of the disclosure provisions. “Most people in the franchising sector do the right thing, but given the level of concern, I have decided to review the disclosures section of the code,” she said.

 

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Joel Bissitt :I am an entrepreneur with over 24 years experience and a Director of Franchise UK. Franchise UK, the UK's largest franchise directory. I love working with franchisors & small businesses & promoting & supporting entrepreneurship. I am married with two children and enjoy keeping fit, golf and time with my family.