Category: Business
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, […]
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 […]
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 […]
Inside the Fine Print: Understanding Franchise Disclosure Documents
Are you considering entering into a franchise agreement but need clarification on franchise disclosure documents (FDDs)? Look no further! This guide will break down the key components of FDDs, including: […]
Franchise Litigation: Common Legal Issues and Best Practices
Are you a franchisee or franchisor in the midst of a legal dispute? Perhaps you’re considering entering into a franchise agreement and wonder how franchising works. Whatever the case may […]
Franchise Termination: When and How to End a Franchise Relationship
Franchise termination refers to the process of ending a franchise agreement between a franchisor (owner of the business) and a franchisee (owner of a specific location or unit of the […]