Chapter 10. The Legal and Institutional Environment for Franchising

Franchising is a legally regulated mode of doing business. This means that, to be successful, you need to understand the effects of federal and state franchise laws on the operation of your franchise system. You might have the best business concept in the world, but you will not attract franchisees, operate effectively, or make money if your franchise system does not conform to federal and state regulatory requirements.

This chapter offers specific information to make sure that you understand the key legal issues in franchising. Specifically, the chapter discusses the key federal and state franchise regulations and explains how they affect franchise operations. The chapter examines ...

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