Q&A
What happens if there is insufficient disclosure in the Disclosure Document?

Answer:

A Disclosure Document should contain sufficient information to allow a potential Franchisee to establish an informed view of the Franchise and its system. If there is insufficient disclosure, a Franchisee can potentially be fined up to $54,000 (as of September 2015), and any affected Franchisees could potentially terminate their Franchise Agreements.

Answered by Masao Watanabe

Masao is a franchise lawyer. After completing a Bachelor of Commerce at the University of New South Wales in 2009, Masao pursued a degree in law, graduating in 2014 with a Juris Doctor from the University of Sydney.

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