The obligation of a franchisor to provide franchisees in Ontario, Alberta, Prince Edward Island and New Brunswick with a franchise disclosure document should not be taken lightly.
The document is intended to operate as a type of prospectus franchisees can rely on in making informed investment decisions about entering into the franchise system. As a result, the statutes in the aforementioned provinces set out a detailed list of information that every valid disclosure document must include. Beyond the content, though, are technical timing and format delivery requirements with which franchisors must comply.
The penalties for failing to comply with these legislative requirements are staggering and are a very powerful remedy franchisees should be aware of.
Can we solve the #1 Business problem people have today? Yes -- and the answer is simple...
The coffee vending business is your opportunity to cash in on the 30 billion dollar coffee industry.
Sell our revolutionary online ordering products to businesses under your own brand...
Mobile Gaming Revolution offers you the unique opportunity to be the center of EVERY party!
With 2,000 locations open or in development in 15 countries, Snap Fitness is the top choice
Jamberry Nails signature product, Jamberry Nail Shields, which are essentially stick-on nail art
PromoSlam has a mission to develop real solutions for individuals and families
Lia Sophia products have become a benchmark in quality and design for other companies...