In 2023, the franchise industry grew by 2.2% and is projected to increase further by an additional 1.9% in 2024. This steady expansion of franchisees and franchise systems alike not only signifies the increased strength of the franchise model, but also introduces an amplified risk for disputes between the two parties. Independently, the considerable changes to franchise laws that have occurred over the last few years are creating a higher frequency of disputes, necessitating a more comprehensive approach to risk management in franchise agreements.
Read "Managing Franchisor Risk Through the Enforcement of Contractual Terms and Provisions: An Analysis of Recent Case Law and Court Decisions" by Laura Sixkiller and Christopher A. Mair in the Franchise Law Journal. (page 361)