If you or a business opportunities seller you may wish to know that there will be some new disclosure rules and new requirements in the near future. In fact the Federal Trade Commission is now discussing a set of proposed rule changes, which would level the playing field for franchisers and business opportunities.

Additionally it appears by the Federal Trade Commission's recent report on these proposed rule changes that they wish to protect the consumer, weed out the unethical practitioners in the business opportunities sector and help those of the highest ethical standards in the business opportunities sector become more successful. Why do I assume this you ask?

Well, having previously been the founder of a franchising company, I always found it odd that there were so many unscrupulous business opportunities sellers to compete with. And it was obvious to me that it was quite unfair to have to follow all the rules while other people broke the law. If you are one of the many ethical business opportunities sellers you know how frustrating that can be. Below is the Federal Trade Commission's proposed rules and obligations to furnish written disclosure documents to business opportunity buyers;

Proposed section 437.2: The Obligation to Furnish Written Documents