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.
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: 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 […]
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 […]
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 […]
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 […]
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: […]
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 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 […]
A short conversation now can prevent an expensive dispute later. Schedule a consultation with Kevin Kilcommons.
