Franchise Advisory Board | Expert Franchising Advice for Franchise Leaders What Franchisors Must Know About Evolving FranDev Regulations
Dec 10, 2024
45:19
In this exciting episode of The Advisory Board Podcast, we dive deep into the evolving world of franchise compliance and regulations with none other than Lane Fisher, co-founder and senior partner at Fisher Zucker law firm. Lane is a stalwart in the franchise community, representing over 150 brands and spearheading transformative initiatives such as the Franchise Springboard Conference. Host Dave Hansen masterfully navigates this insightful conversation, ensuring the franchise community gains clarity on critical regulatory changes that will impact brokers and franchisors alike.
Lane sheds light on the nuances of compliance and education in the franchise sector, emphasizing the importance of foresight as regulatory landscapes evolve. From the intricacies of the newly minted California broker regulations to the ongoing initiatives by the North American Securities Administration Association (NASAA), the discussion is a wake-up call for industry players to stay informed and proactive. Lane also underscores the pivotal role of education in mitigating risks, sharing details about his team's franchise sales compliance training program and upcoming franchise events like the Unconference and Springboard. These events aim to foster a collaborative, forward-thinking ecosystem for emerging and established brands.
Lane doesn’t shy away from highlighting challenges, such as navigating varying state requirements and managing potential liabilities for franchisors and brokers. He also reflects on the broader implications of broker compensation transparency, litigation disclosures, and the increasing scrutiny of lead generation practices. Throughout the conversation, Lane’s depth of knowledge and commitment to ethical franchising shine, making this episode a treasure trove of insights for anyone in the industry.
A special thanks to our episode sponsor, ClientTether, whose support enables discussions like this that empower the franchise community. Their dedication to innovation and excellence mirrors the values we champion on this podcast.Tune in to hear why now, more than ever, franchise professionals must unite, stay educated, and advocate for responsible growth. With Lane’s expertise and Dave’s engaging hosting, this episode delivers invaluable lessons to help you build a thriving, compliant franchise brand. Don’t miss it!
Lane sheds light on the nuances of compliance and education in the franchise sector, emphasizing the importance of foresight as regulatory landscapes evolve. From the intricacies of the newly minted California broker regulations to the ongoing initiatives by the North American Securities Administration Association (NASAA), the discussion is a wake-up call for industry players to stay informed and proactive. Lane also underscores the pivotal role of education in mitigating risks, sharing details about his team's franchise sales compliance training program and upcoming franchise events like the Unconference and Springboard. These events aim to foster a collaborative, forward-thinking ecosystem for emerging and established brands.
Lane doesn’t shy away from highlighting challenges, such as navigating varying state requirements and managing potential liabilities for franchisors and brokers. He also reflects on the broader implications of broker compensation transparency, litigation disclosures, and the increasing scrutiny of lead generation practices. Throughout the conversation, Lane’s depth of knowledge and commitment to ethical franchising shine, making this episode a treasure trove of insights for anyone in the industry.
A special thanks to our episode sponsor, ClientTether, whose support enables discussions like this that empower the franchise community. Their dedication to innovation and excellence mirrors the values we champion on this podcast.Tune in to hear why now, more than ever, franchise professionals must unite, stay educated, and advocate for responsible growth. With Lane’s expertise and Dave’s engaging hosting, this episode delivers invaluable lessons to help you build a thriving, compliant franchise brand. Don’t miss it!