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 […]
Can They Really Do That? Expectations Meet Franchising Realities
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 […]
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 just jump into because you think franchising is a fast way to grow or a great way to […]