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Posts from January 2023.
By Greensfelder Franchising & Distribution Industry Group on January 4, 2023 at 12:00 PM

Magnifying glassGreensfelder’s Franchising & Distribution Industry Group had a busy end to 2022. In the final two months of the year, the group served as franchise counsel to multiple parties involved in large acquisitions, with all but one closing in December and the remaining transaction expected to close in the first quarter of 2023. 

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By Leonard Vines on January 2, 2023 at 1:30 PM

New policy effective as of January 1, 2023

Franchisors routinely require prospective franchisees to answer questions about the franchise sales process and the franchisee’s understanding of the franchise agreement in writing by marking “yes” or “no” in a questionnaire. Likewise, franchise agreements often include statements similar to those in the questionnaire. These take the form of acknowledgments the franchisee agrees to when signing the franchise agreement.

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