The U.S. Federal Trade Commission shows no signs of slowing down its efforts to require biz opp disclosures. By July 2008, franchisers must conform to new requirements related to financial representations, the existence of confidentiality agreements, and franchisee association resources.

Look for these franchise requirements to become the model for “franchise lite” rules to replace the proposed biz opp rule that was strongly opposed last summer by network and Internet marketers.

Hat tip to the AP and Forbes.

About the Author

With an advanced international law degree from Georgetown University and more than 14 years of real world legal experience, Attorney Mike Young shows entrepreneurs how to protect and grow their businesses online. He's the author of "Internet Marketing Legal Secrets Revealed," "How to Create Your Own Internet Business Without a Lawyer for Under $175," and the creator of Website Legal Forms Generator^TM. Not just a lawyer who focuses exclusively on Internet and marketing law, Mike’s been working with computers for more than 27 years (his first computer was an Atari 400 with 8 KiB RAM) and started representing Internet businesses back in 1996.