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. […]
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 […]
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 […]
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 […]
WHAT’S IN A NAME? The Heart of a Franchise System
By Kat Tidd Developing An Identity Choosing the right name for a business is a challenge under any circumstances. Does it convey the right message? Is suitable for the nature of the business? Is there anything similar being used? Is it available for use? What kind of exclusive protection can be obtained to keep anyone […]
