ethics in franchising

Ethics in franchising refers to the moral principles guiding the relationship between franchisors and franchisees. It involves honesty, fairness, transparency, and responsibility. Franchisors should provide clear information, uphold quality standards, and support franchisees. Conversely, franchisees should operate ethically, honor agreements, and serve customers honestly. Ethical franchising fosters trust, long-term success, and a positive reputation for all parties involved, ensuring that business practices respect legal standards and promote mutual growth.