Franchisors tend to be an entrepreneurial lot.  Generally the very nature of franchising a business is entrepreneurial in itself.  However, creating the concept of the business, establishing the business and making the business work (more often than not from an innovative idea in the first place) is often where the true entrepreneurship starts. A franchise is a very personal thing to its founder.  The franchisor is very proud and very protective of his or her creatio...

If there is one things Franchisors should be doing this week (yes, apart from updating disclosure documents, amending franchise agreements, appraising themselves of the new law and reviewing policies and procedures...) you need to ensure that Information Sheets are given to a prospective franchisee when it formally applies or expresses an interest in acquiring a franchised business. You still have to comply with all of the other Code requirements, but as a first step make sure you are ...