FTC's Crackdown on Unfair Franchising Practices - A Comprehensive Analysis
Explore the recent actions by the FTC to address unfair and deceptive practices in franchising, highlighting the impact on franchisees and the industry.
Photo by Campaign Creators on Unsplash
Photo by Campaign Creators on Unsplash
Unveiling Deceptive Fees and Unfair Contractual Practices
The Federal Trade Commission (FTC) recently unveiled a series of measures aimed at curbing unfair and deceptive practices within the franchising industry. One significant aspect of this initiative is the mandate that franchisors must disclose all fees upfront to franchisees to prevent the imposition of undisclosed charges. These undisclosed fees, often referred to as 'junk fees,' can significantly impact a franchisee’s profitability and operational efficiency.
