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Selling Your Franchise? Key Steps for a Smooth and Successful Sale

Selling Your Franchise? Key Steps for a Smooth and Successful Sale

by Kevin Kilcommons | Aug 20, 2024 | Business, Franchise

If you’re considering selling a franchise business unit, proper preparation is essential to ensure the process goes smoothly and maximizes your return. By organizing your financial records, understanding your franchise agreement, and developing a strong...
HOW (MIGHT) AI IMPACT YOUR FRANCHISE BUSINESS?

HOW (MIGHT) AI IMPACT YOUR FRANCHISE BUSINESS?

by Kevin Kilcommons | Jun 20, 2024 | Business, Franchise

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, we may disagree on the degree of change. The immediate question is how it will change franchise...
The Critical Place of Location in Franchise Success

The Critical Place of Location in Franchise Success

by Kevin Kilcommons | Feb 20, 2024 | Business, Franchise

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...
Exit Strategy: Getting Out of a Franchise Agreement

Exit Strategy: Getting Out of a Franchise Agreement

by Kevin Kilcommons | Jan 20, 2024 | Business, Franchise

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 time when you need to exit your franchise agreement....
Franchise Longevity: How to Assess if a Franchise Will Stand the Test of Time

Franchise Longevity: How to Assess if a Franchise Will Stand the Test of Time

by Kevin Kilcommons | Nov 20, 2023 | Business, Franchise

  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 has the hallmarks of...
Update on the joint employer rule

Update on the joint employer rule

by Kevin Kilcommons | Oct 9, 2023 | Business, Franchise, Tips for Small Businesses

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 and a labor temp agency, share responsibility for the terms and...
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Clinton, NJ 08809

Phone: 908.713.1862
info@kilcommonslaw.com

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