A friend sent me an epic article by a writer who wrote for pages on why he blogs..e.g. Why I Blog. My eyes glazed over on the second web page of “Much Ado About Nothing.” Don’t get me wrong. I am speed reader (2000+ wpm) but I do need some challenging discussion, significant point or amusing comment […]
Sometimes You Should Just Say No
… because franchise agreements can look just like credit card agreements. I started reviewing and writing franchise agreements, even before I moved to Texas in 1989. When I first got here, franchise agreements seemed pretty balanced to me. It was standard practice to use phrases like “[franchisor] shall not unreasonably withhold its consent…”. Nowadays the […]
How to Use Your Franchise Lawyer Cost Effectively
Got a problem? Organize it. If you need help to accomplish your objectives, you need to be able to explain it clearly and completely. If you can’t articulate the problem and how it developed, you force your attorney to extract it from you. That takes time and time is money. So do your homework. 1. […]
Negotiating a Franchise Agreement? Let’s Make a Deal
If you are new to the world of franchising, you may be surprised to learn how rigid and inflexible the franchise “rules” can be. It seems inconsistent with a business format that is praised as an avenue for creativity, entrepreneurship and the potential for rapid cost effective expansion. A great example of this is the […]
Buying a Franchise? Keep the end in mind…
The down side of franchising is the unpleasant way franchise relationships can end. When buying a franchise, typically neither the franchisor’s representative nor the prospective franchisee look at how the relationship might terminate—voluntarily or not. It is all about the positives and the prospect of independence as a business owner. Depending on the particular franchise […]
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