by Kevin Kilcommons | Feb 20, 2025 | Franchise
For franchisees, the end of a franchise term brings a crucial decision—whether to renew the agreement and continue operations or to transition out of the business. The franchise renewal process is not automatic and requires careful planning, negotiation, and legal...
by Kevin Kilcommons | Jan 20, 2025 | Franchise, Tips for Small Businesses
Franchise data privacy is a critical issue that franchisors and franchisees must prioritize, taking stock in the federal government warning that identity theft is now the fastest-growing financial crime. As cyber threats continue to evolve, protecting sensitive...
by Kevin Kilcommons | Nov 20, 2024 | Franchise
The franchise business model offers an enticing path for many business owners to expand their operations, grow brand recognition, and tap into new markets. However, not every business is built to thrive under this structure. Franchising requires a unique set of...
by Kevin Kilcommons | Oct 20, 2024 | Franchise
In recent years, non-compete laws have undergone significant changes, reshaping the way businesses and franchises operate. These updates hold profound implications for franchise agreements, particularly the relationship between franchisors and franchisees. For...
by Kevin Kilcommons | Sep 20, 2024 | Franchise
New Jersey is rapidly becoming one of the top destinations for entrepreneurs looking to establish a franchise system. With its prime central location, skilled workforce, robust transportation infrastructure, dense population and business-friendly incentives, the...
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...
