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The American Association of Franchisees and Dealers (AAFD) [2] came into existence because United States laws which purport to regulate franchising effectively legalize abusive franchising practices, rather than restrict franchise fraud. As long as the franchisor discloses the details of its practices, the unethical practices are enforceable.
Franchising. A McDonald's franchise in Moncton, New Brunswick, Canada. Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property, use of its business model, brand, and rights to ...
Franchise agreement. A franchise agreement is a legal, binding contract between a franchisor and franchisee. In the United States franchise agreements are enforced at the State level. Prior to a franchisee signing a contract, the US Federal Trade Commission regulates information disclosures under the authority of The Franchise Rule. [1]
A franchise disclosure document (FDD) is a legal document which is presented to prospective buyers of franchises in the pre-sale disclosure process in the United States.It was originally known as the Uniform Franchise Offering Circular (UFOC) (or uniform franchise disclosure document), prior to revisions made by the Federal Trade Commission in July 2007.
APA – The Engineered Wood Association. Archery Trade Association. Architectural Woodwork Institute. Art & Creative Materials Institute. Asian American Hotel Owners Association. Associated Builders and Contractors. ALOA Security Professionals Association. Association for Iron and Steel Technology. Association for Manufacturing Technology.
The International Franchise Association (IFA) is a trade group focused on government and public relations efforts for the franchise industry. [1] [2] The association publishes data on franchise activity through a partnership with the U.S. Census Bureau [3] and has litigated on behalf of its members in cases that have reached the U.S. Supreme Court.
The following is a timeline of franchise evolution in Major League Baseball.The histories of franchises in the National Association of Base Ball Players (NABBP), National Association of Professional Base Ball Players (NA), Union Association (UA), and American Association (AA) before they joined the National League (NL) are also included.
The last metric of franchise failures is the number of franchises that ceased operations for other reasons. This is the broadest of the three categories, and a point of concern because it could be an indicator of franchise bankruptcy. See also. American Association of Franchisees and Dealers; Franchise Disclosure Document; Franchise fraud ...