ONE MEASURE OF AN UNFAIR FRANCHISE AGREEMENT
Measured under the microscope of “fairness”, very few franchise agreements in the year 2007 make the cut. The most unfair aspect of today’s franchise agreements is that franchisors reserve to themselves the right to make arbitrary modifications, which in many cases, fundamentally change the economic and business relationship between franchisor and franchisee from the one that existed when the franchise agreement was originally signed.
Why can't franchisees simply demand as a group that their franchisor use a "fair" franchise agreement. Doesn't the Asian Amercian Hotel Owner's Ass'n have a policy of "fair dealing" that it has published on behalf of its hotel franchisee members?
Comment by Charlie — September 18, 2007 @ 4:52 pm