Model Franchise Disclosure Law

The Model Franchise Disclosure Law is a set of guidelines designed to protect potential franchisees by requiring franchisors to provide clear and comprehensive information about the franchise opportunity. This includes details on costs, obligations, financial performance, and risks associated with the franchise. The goal is to ensure that prospective franchise owners make informed decisions and understand what they are committing to before they invest their money. By promoting transparency, the law aims to foster fair relationships between franchisors and franchisees.