Author: Kevin Kilcommons
Common Legal Issues and Best Practices in the Franchise World
Franchising can offer a promising path to business growth and success. However, like any business model, it is not without its legal complexities. At Kilcommons Law, we specialize in navigating […]
HOW (MIGHT) AI IMPACT YOUR FRANCHISE BUSINESS?
It would be the understatement of this new era to opine that AI will alter the franchise world. It will certainly have an impact. On this point, everyone agrees. Yet, […]
New FTC Rule Abolishes the Employee Non-Compete Agreement: What Franchisors and Franchisees Need to do by September 4th, 2024
RThe Federal Trade Commission (FTC) has recently announced a transformative rule in business law concerning non-compete agreements signed by employees, set to significantly alter the landscape for businesses in general, […]
The Critical Place of Location in Franchise Success
As you are negotiating with the Franchisor over your franchise unit’s Territory (and before you sign the Franchise Agreement), you need to start the search for the right location if a stand alone site is required. Whether to lease or purchase the real estate where your franchise business will operate is a discussion you should have with your attorney and accountant early in the process.
Exit Strategy: Getting Out of a Franchise Agreement
Entering a franchise arrangement can be an exciting venture, offering a blend of entrepreneurial independence and the support of an established brand. However, circumstances change, and there might come a […]
Franchise Longevity: How to Assess if a Franchise Will Stand the Test of Time
Franchise Longevity: Assessing the Potential for Enduring Success in Franchising In the dynamic landscape of franchising, potential investors and entrepreneurs must perform due diligence to gauge whether a franchise opportunity […]