Everything is electronic. It certainly feels that way. Even in
areas that are slow to adopt change, digital is taking over. While
many franchise systems are on the cutting edge of technology in
their offerings and their methods of conducting business with
clients, the processes of selling franchises have taken longer to
fully embrace the digital wave. This is not doubted attributable to
the many advantages of conducting aspects of the franchise sales
process using electronic means – efficiency, ease of
compliance tracking, ease of document management and retention, and
(of course) saving trees to name a few.
Electronic delivery of disclosure documents and electronic
execution of documents are two aspects of the franchise sales
process where electronic solutions are becoming increasingly
common. But what exactly is permissible electronically and what
additional concerns need to be given consideration when adopting
electronic solutions as part of the franchise sales