Lately some franchise and business opportunities seem to be more like a lot of the mystery business web sites on the Internet. Can you tell who you are dealing with? Let’s start with the company. Where is it located? State and city? Can you even tell what country? Is it a corporation or an LLC? […]
iPad: Essential for Franchise Law?
I have never been much of a first adapter when it comes to technology…except cameras, but after careful consideration I decided that an iPad was an essential piece of equipment for a mobile franchise attorney—and cost effective too, of course. I am still not one for standing in lines, so after returning the iPad wi-fi […]
Pitfalls of Social Media and Franchise Opportunities on the Net
I counsel prospective buyers frequently about how to evaluate franchise opportunities. One of the traps they fall into when buying a franchise is just falling in love with the business and wanting one badly. If it is a newer and/or smaller franchise system, or one of the ever increasing numbers of start up franchises, it […]
What Is “The Best Franchise” to Buy?
What Is “The Best Franchise” to Buy? Everyone wants to know the best franchise to buy, but it is really a meaningless question. There is no such thing as best franchise or even worst franchise. The “question” covers a lot of ground. The purpose of owning a franchise is to own a profitable business. So […]
Key Questions To Ask Every Franchisee in the System Before You Buy In:
When you think about buying a franchise, you need to investigate the franchise carefully. One of the most important things you should do is talk to other franchisees. Listed below is a list of questions to get your evaluation of the franchise or business opportunity started: How long have you been operating this business? Did […]