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Regulation Overview (Franchise) |
 | | Franchisees often place their life savings, time, and energy into the franchise and, as a result, the loss of a franchise investment may be even more catastrophic than the loss of a securities investment. |
 | | The booming popularity and growth of franchising, the profits which inured to franchisors, and oft-repeated stories of franchisees who "struck it rich" through franchising were accompanied by the abuse of that system by a few fly-by-night, unethical and, often, criminal operators. |
 | | The state franchise laws require that an offering circular proposed for use must not only be prepared according to NASAA Guidelines, but must first be submitted to, scrutinized, and permitted or disallowed by the respective state. |
| www.wdfi.org /fi/securities/franchise/regulatn.htm (677 words) |
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