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The California Senate passed Senate Bill 919,&nbsp;<a href="https://www.entrepreneur.com/franchises/california-just-took-a-big-step-towards-responsible/474683?utm_source=1851franchise.com&utm_medium=article&utm_campaign=entrepreneur-one-states-bipartisan-bill-will-change-the-franchise-industry-and-boost-responsible-franchising-2726344" target="_blank" rel="nofollow">Entrepreneur reported</a>. The bill, supported by both parties, aims to provide more information to prospective franchisees by enhancing disclosure requirements for third-party franchise sellers, including brokers and franchise sales organizations.&nbsp;“This legislation provides greater clarity of the various parties engaged in the franchise sales process to prospective franchisees,”&nbsp;<a href="https://www.franchise.org/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=entrepreneur-one-states-bipartisan-bill-will-change-the-franchise-industry-and-boost-responsible-franchising-2726344" target="_blank" rel="nofollow">IFA</a> President&nbsp;<a href="https://www.linkedin.com/in/matthewhaller/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=entrepreneur-one-states-bipartisan-bill-will-change-the-franchise-industry-and-boost-responsible-franchising-2726344" target="_blank" rel="nofollow">Matthew Haller</a> said in a&nbsp;<a href="https://www.franchise.org/media-center/press-releases/ifa-applauds-senate-passage-of-california-franchise-seller-bill?utm_source=1851franchise.com&utm_medium=article&utm_campaign=entrepreneur-one-states-bipartisan-bill-will-change-the-franchise-industry-and-boost-responsible-franchising-2726344" target="_blank" rel="nofollow">statement</a>. “Responsible franchising includes improved disclosure and ultimately leads to stronger franchise relationships in the long term.”The bill amends the California Franchise Investment Law (CFIL), mandating annual registration and pre-sale disclosures from third-party sellers, covering their professional background, litigation history, services and compensation.&nbsp;Passed with a 36-1 vote, the bill now moves to the California Assembly. This initiative aligns with the IFA’s push for increased transparency in franchising to strengthen franchise relationships.To read the full story,&nbsp;<a href="https://www.entrepreneur.com/franchises/california-just-took-a-big-step-towards-responsible/474683?utm_source=1851franchise.com&utm_medium=article&utm_campaign=entrepreneur-one-states-bipartisan-bill-will-change-the-franchise-industry-and-boost-responsible-franchising-2726344" target="_blank" rel="nofollow">click here.</a>

California Senate Passes Bill to Enhance Franchise Transparency

1851 Franchise

This new legislation will provide more transparency so prospective franchisee candidates have more information about their potential investment.

Entrepreneur: One State's Bipartisan Bill Will Change the Franchise Industry — And Boost Responsible Franchising

entrepreneur-one-states-bipartisan-bill-will-change-the-franchise-industry-and-boost-responsible-franchising

HomeTeam Inspection Service

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Express Employment Professionals

Express Employment Professionals Offers 50% Off Its Franchising Fee in Select Markets

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Woodhouse Spas’ Culture of Excellence, Support Further Elevates Top-Performing Franchise Opportunity

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Entrepreneur: One State's Bipartisan Bill Will Change the Franchise Industry — And Boost Responsible Franchising

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