Current Issue

Volume 2 Issue 2

Franchising and the Federal Trade Commission Franchise Rule

Nicholas G. Karambelas Esq.

In its current form, franchising is a relatively new form of legal relationship. The modern era of franchising dates only from the mid-1960s. Yet, franchising has become a huge component of the Gross Domestic Product (GDP) and grows in its significance to the national economy in each year. The International Franchise Association (IFA), which is the industry trade association, estimates that there are more than 700,000 franchise establishments in over 300 business formats that support nearly 8 million direct jobs. The IFA further estimates that revenues from franchising contribute $426 billion to the Gross Domestic Product (GDP). While there are many franchisors with hundreds even thousands of franchisees, over 80% of all franchisors have 50 or fewer franchisees.

PART ONE: FRANCHISING IN PERSPECTIVE

PART TWO: THE FRANCHISOR – FRANCHISEE RELATIONSHIP

PART THREE: FTC FRANCHISE RULE

PART FOUR: STATE FRANCHISE REGULATION

PART FIVE: FRANCHISE DISCLOSURE DOCUMENT (FDD)

PART SIX: THE FRANCHISE AGREEMENT

PART SEVEN: FRANCHISING AND THE INTERNET

PART EIGHT: INTERNATIONAL ASPECTS OF FRANCHISING

The Canon of the Last Antecedent: Law Meets Physics

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