International Law

Four Warning Signs of Franchise Fraud

Rush Nigit has an interesting post about the four warning signs of franchise fraud.

1. You don't need a lawyer to review the agreement. 2. I would prefer you don't talk with the other franchisees. You should only talk with me. 3. We won't negotiate any terms. 4. Trust us, we can't (and won't) change the agreement but we won't really hold you to that provision anyway.

I would add one more: if you hear "The FTC won't let us tell you how much you can earn", or "It is against the law for us to tell you how much you can earn."

Just run away, run away as fast as your little legs can take you - you have just run into a con!

Full post as published by Misleading Advertising Law on January 21, 2008 (boomark / email).