Blog
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 […]
A STUDY ON HOW TO AVOID EXPENSIVE DISPUTES WITH FRANCHISORS
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 […]
Update on the joint employer rule
WHAT IS THE JOINT-EMPLOYER RULE? Joint-employer rule refers to the criteria established by the National Labor Relations Board (NLRB) to determine when two or more entities, like a direct employer […]
Understanding Franchise Obligations
Franchisees must understand their contractual obligations to build and maintain a successful business. Franchisor responsibilities are to be clear in their franchise documents about the franchisees’ obligations; further, the franchisor […]
Proactive Steps to Ensure Legal Compliance with Franchise Compliance Audits
Franchise compliance audits play a crucial role in the franchising industry by ensuring that franchise businesses adhere to legal requirements and maintain a strong compliance framework. In this article, we […]