Franchise Laws

Franchise laws are regulations that govern the relationship between franchisors (companies offering the franchise) and franchisees (individuals purchasing the franchise). They require franchisors to provide detailed disclosures about the business, its financials, and legal obligations before a franchise agreement is signed. These laws aim to promote transparency, fairness, and informed decision-making, helping prevent deceptive practices. Additionally, they establish guidelines for contract terms, territorial rights, and operational standards, ensuring both parties understand their rights and responsibilities, ultimately fostering a stable and fair franchise marketplace.