The Key Facts Every Franchisor Needs To Know About Financial Performance Representations – Chris Myers

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Franchising isn’t a particularly complicated concept when you get down to it. It’s really just a matter of providing a proven system and support structure to entrepreneurs who don’t want to recreate the proverbial wheel. Of course, it wouldn’t be fair to say that franchising is entirely straightforward, especially when it comes to the sales process. One particularly confusing aspect of franchising deals with financial performance representations. Put simply, franchisors and their sales representatives are prohibited from providing specific information regarding how much money a potential franchisee could make……

Read more: https://www.forbes.com/sites/chrismyers/2018/08/18/the-key-facts-every-franchisor-needs-to-know-about-financial-performance-representations/#48e8457a6120

 

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