Franchise Law

When you want to open a franchise, you’ll have to sign a franchise agreement. This is to protect you and the franchisor. It sets expectations and enables you to know your responsibilities.  You shouldn’t ever sign a franchise agreement unless you read through the...

The allure of a franchise is indisputable. In many cases, you’ll benefit from existing brand recognition, a proven business model and actionable data. But there are no guarantees in business. Humans and their spending habits can be fickle. A wildly successful business...

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...

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 One outdated study claimed that only 5% failed and 95% succeeded, so some people will continually repeat this statistic. It is outdated at this point, but it’s a problem that permeates the industry.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...

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...

Opening your first franchise can be exciting. However, with this business structure, you must understand the rules and regulations to avoid mistakes and potential legal issues.  It’s also beneficial to learn what the most common mistakes are when opening a new...

You started your own business some time ago and are looking for opportunities to take it to the next level. Something that keeps popping up is franchise opportunities. Franchise models have the potential to work very well, but they must meet your specific needs. In...

There is nothing wrong with small independent businesses. However, if you want to scale up your current business or begin a new adventure, then a franchise may be a viable option. Successful franchises are all around us in almost every place we visit, so there must be...

Starting a franchise is a complex process. You need to have the financial resources and business experience necessary to meet the criteria established by the company. You will likely have to undergo training, make a substantial financial investment and continually...

In some cases, a franchise agreement designates an area or region where the franchised business is supposed to operate. It is meant to guarantee the franchisee their market share for its growth and success. When another franchised business encroaches on your...