With the COVID-19 pandemic affecting the performance of many businesses in 2020, franchisors are faced with a whole new set of considerations when preparing their 2021 franchise disclosure documents, including whether to include financial performance representations from 2020.
In a recent panel at the International Franchise Association’s Legal Symposium, Greensfelder franchise attorney Dawn Johnson and her co-panelists discussed hypothetical and real-life scenarios that address this topic and provide franchisors with some insight on what they should and should not include in Item 19 of the franchise disclosure document.
Click here to read the full article in the Franchise Times about the panel.