STATEMENT OF GUIDING PRINCIPLES
For over fifty years the International Franchise Association has worked to educate franchisors and franchisees on beneficial methods and business practices to improve franchising. The Statement of Guiding Principles has been adopted by the IFA Board of Directors in our continuing effort to advance improvements in franchise practices and to enhance franchise relations.
SUMMARY OF FRANCHISE OFFERING PROFILE
The International Franchise Association is committed to educating prospective franchisees on the dynamics of franchising and providing them with information to begin their evaluation of whether to become a franchisee. Beginning with the adoption in 1970 of the first franchise disclosure requirement in California; working with the Federal Trade Commission to achieve the first national franchise disclosure rule in 1979; continuing with our efforts that contributed to changes to the federal Franchise Rule in 2007; and ensuring an ongoing constructive dialogue between our leadership and federal and state regulators and government leaders, the IFA has continually worked for improvements to pre-investment franchise disclosure and franchise relations. The summary information is not a substitute for the thorough review of a franchisor’s Franchise Disclosure Document, but is intended as a starting point of beginning to understand a franchise offering.
To view the Summary Profile of IFA members, please see the list below –