Franchise Fraud: Wake Up and Smell the Fine Print

Franchising—in which a firm lets independent businesspeople market and distribute goods or services in its name—certainly has its benefits. It lets the franchisor expand its market while spreading risk around, and small investors can capitalize on a proven business model. But neophyte businesspeople may not be in the best position to judge that model before committing their life savings. According to Texas franchise lawyer Richard Solomon, fraud has ... Full Story »

Posted by Derek Hawkins

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Review

Brian Bucknam
3.5
by Brian Bucknam - Feb. 26, 2009

Interesting story about the perils of neophyte businessmen joining a franchise. It is worrying that the side-bar about legal fees says "In civil court, the law almost never requires a losing party to cover the winner's legal costs" in contradiction to many legal agreements I have seen.

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Brian's Rating

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