There are thick piles of papers to wade through before franchisees buy or open a business. Covering a business's purchase, sale or merging, mergers and acquisition agreements (M&A) are addressed early in the transaction process when examining finances, tax...
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Month: August 2022
Is a franchise really less likely to fail?
There has long been a debate about failure rates for franchises. One outdated study claimed that only 5% failed and 95% succeeded, so some people will continually repeat this statistic. It is outdated at this point, but it’s a problem that permeates the industry. If...
3 causes of franchise disputes
It can be tedious and expensive to resolve a franchise dispute. While the first thing a franchisor and franchisee may do is talk out the difficulties that caused the dispute, not everyone is willing to negotiate. If a dispute isn’t resolved, then people may look to...