The National Coalition of Associations of 7-Eleven Franchisees (NCASEF) has formally petitioned the U.S. Federal Trade Commission (FTC) to initiate an investigation into the franchise industry. In particular, the petition urges that the agency investigate 9 franchise brands in particular, including 7-Eleven, Subway, UPS Stores, IHG Hotels, Choice Hotels, Experimax/Experimac, Supercuts, Massage Envy and Dickey’s…
Read More »There’s only a few days left to register for the CFA Webinar entitled: “Franchisors New Financial Performance Requirements: What You Need to Know” being held next Wednesday, July 26 from 11AM – 12 Noon ET. On May 8, 2017, North American Securities Administrators Association (NASAA) voted to adopt a Financial Performance Representation Commentary for franchises.…
Read More »A few months back, the North American Securities Administration (NASAA) added some requirements on the part of franchisors making certain Item 19 Financial Performance Representations. As a result, effective May 8th of this year, franchisors are required to made those representations more transparent and less susceptible to manipulation. To keep you aware of these important…
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