As an entrepreneur, your goal is to invest in a business that will yield a profitable return. So, if you receive an invitation to attend a franchise discovery day, it's an opportunity you will want to take advantage of, especially if you know this business will help...
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Basic guide to IP licensing and film distribution
When a person or an organization creates a film, they are crafting a unique piece of intellectual property. Getting a license for this asset allows them to enter film distribution agreements. This is an agreement that grants the rights to use and distribute their...
How could joint employers change under new legislation?
Franchise situations involve the main company or franchisor and the people who buy their own stores or the franchisees. The franchisor provides a lot of guidance and assistance to the franchisee, but in the end, the new store is the franchisee's business to operate....
Level up to multi-unit franchising
If you have been in the franchising business for a significant amount of time, you have probably heard of multi-unit franchising. Congratulations if you are thinking of taking the major step into operating multiple businesses. You are definitely not alone in making...
The basics of franchise succession planning
Owning and operating a franchise provides many opportunities to contribute to your community and build something for your family. When you invest in a franchise, you should also consider future plans such as your intentions for the business after your retirement....
Common examples of tortious interference in a franchise business
Entrepreneurs venturing into the business world have two distinct paths: For some, opting for a franchise proves to be more convenient. It allows them to operate under an already established brand with a proven business model and support. However, no matter how smooth...
The role of disclosure documents in starting a franchise business
The Franchise Disclosure Document (FDD) aims to help potential franchisees make informed decisions about investing in a business. Following the Federal Trade Commission (FTC), it is your legal right to receive the disclosure document to understand critical information...
What is a franchise dispute?
A franchisee enters a business relationship with a franchisor by buying the rights to sell the goods or services of a franchise. The franchisee also has the right to use the franchise’s intellectual property. The franchise should become a joint venture where both...
What are the elements of a franchise agreement?
A franchise agreement outlines the rights and obligations of the franchisor and franchisee to sell or use a company’s intellectual property and system of operations. Fundamentally, a franchise agreement describes how the franchisor and franchisee will work together....
When can you pursue another business with a similar name?
Dealing with copycats can be a major headache for any small business owner. Trademark registration protects your name from replication, but it does not prevent competitors from using a similar name. You may have a stronger case if the violation is obvious, but if not,...
