Critics, including this journal, say that buying a franchise is riskier than ever, that the reality of the franchise system is often purposefully and skillfully hidden and that it is easier to fail nowadays once you plunge in.
SACRAMENTO – California's assembly voted Thursday morning to pass a bill that aims to strengthen good faith and fair dealing between franchisors and franchisees. The final tally was 41 ayes and 27 nays.
Data: American Association of Franchisees and Dealers
PALM DESERT, Calif. — Super Bowl XLVII was a blowout for franchising firms as the industry dominated the game's television advertising. A commanding 74% of Super Bowl commercials were from companies that franchised.
SAN DIEGO (Blue MauMau) - Robert Purvin, chairman of the American Association of Franchisees and Dealers, discusses with Blue MauMau what franchisors provide the fairest franchise agreements and which ones have drafted the most oppressive.