Following was originally posted on the Dallas Bar Association site. by Kat Tidd A franchise is not a magic word, it is a legal definition: license a trademark or permit substantial association with the trademark or trade name; accept payment of consideration; and provide significant assistance, control or other forms of ongoing support or a […]
Why Use a Franchise Attorney?
Or, why not just save a little money? The Internet is a tremendous source of information. A lot is written about franchises and franchising unfortunately, I am still waiting for the next gen to produce infallible Truth or Lies software. In the meantime it is all about Truth or Dare. You can find […]
Top Five Things to Ask Every Franchisor
There are many things you should be asking a Franchisor about the franchise he sales. Here are the Top Five Things to Ask Every Franchisor 1. How long have you operated this exact business model you are franchising? 2. What is your five year plan? 3. What continuing assistance are you promising to give me […]
IPad – works for this franchise attorney.
Time for an iPad post acquisition update. iPad is the best thing since sliced, I mean organic, bread! Not only did my iPad steer me to a mediation located in a maze like part of town after I missed my exit, but it kept me both informed (email,google and safari for quick research) and entertained […]
Franchises: Keep It Simple
We in the legal profession are often unjustly accused of being “deal killers” and of making things too complicated . The real problem frequently turns out to be the “fly by the seat of the pants” entrepreneur or business person who acts and reacts before thinking. Then they call the lawyer! In franchising, however, I […]