All of us have heard the argument: franchises are in a heavily regulated industry. Really? This paper will attempt to briefly clarify what is specifically regulated, what isn’t, and is it enough considering those investing in a franchise not only risk their investment, but likely all their assets. We hear the Federal Trade Commission (FTC) […]
Do Franchise Owners Really Own a Business?
Do franchise owners really own a business? That is a very important question. The franchise industry talks about franchise owners as independent business people, working for yourself, but not by yourself. But, what does ownership mean? Usually, if you own something, you have value, or equity, that you can sell. Historically, most franchise agreements contained […]