![Is Your Franchise Actually Illegal? [TBS 59 ft Damien Yeo]](https://assets.pippa.io/shows/62ff408997021c0012935e59/1785206037475-bf8a2c55-c236-47a0-ad0d-ca05b9596604.jpeg)
Damien Yeo discusses the legal aspects of franchising in Malaysia and the risks of non-compliance with the Franchise Act 1998.
Franchising can be one of the fastest ways to grow a business, but it can also become one of the costliest mistakes if you overlook the legal requirements. In this episode of The Financial Coconut Business Show, franchise lawyer and registered franchise consultant Damien Yeo unpacks the legal framework behind Malaysia's Franchise Act 1998 and explains why many businesses unknowingly cross the line from licensing into franchising. Simply calling your business a "licence" does not mean the law will see it that way. Damien breaks down the four legal elements that define a franchise, why registration matters, and the serious consequences businesses may face if they operate without complying with the law. From financial penalties to potential criminal liability, the risks are far greater than many entrepreneurs realise. Whether you are planning to franchise your business, evaluating a franchise opportunity, or deciding between a licensing and franchising model, this conversation offers practical insights into due diligence, legal compliance, and protecting both franchisors and franchisees. #TheFinancialCoconut #FranchiseLaw #Franchising 🎧 *The Financial Coconut:* Your weekly source…
Host: The Financial Coconut
Guest: Damien Yeo
Organizations: The Financial Coconut
Books & works: Franchise Act 1998
Places: Malaysia
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