So You Think You Want to Be a Franchisor? Feel the Need to Franchise Your Business? FAQS Answered. I come from the Keep It Simple school of franchise law, and prefer to make franchising as uncomplicated as possible. But it is still not something you should jump into just because you think franchising is […]
Hot Legal Issues: Encroachment and the Internet
E-Commerce has opened a new frontier for the distribution of goods and services. Along with opportunity however, it also brings difficult decisions for many franchisors. Typically, the grant of a franchise includes some form of territorial rights. The extent of those rights is now being tested in many franchise systems. Example: If a franchisor establishes […]
Franchisors – Do You Ever Read Your Franchise Agreement?
I often reviewing franchise offerings for people thinking of buying franchises. And I also write the same kinds of franchise documents for franchisors. This has forced me to face the consequences of certain types of clauses and the ethical implications of those creative clauses designed to protect the franchisor client in all circumstance. So I […]
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. […]
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 […]
