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ARTICLE · 15 NOVEMBER 2018

Everything Is Electronic: Implementing Electronic Delivery Of Franchise Disclosure Documents And Electronic Execution Of Documents

Everything is electronic. It certainly feels that way. Even in areas that are slow to adopt change, digital is taking over.

CanadaCorporate/Commercial Law

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

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