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Robert Zarco, Esq. Founding Partner Zarco Einhorn Salkowski, P.A. February, 2023 Originally, the law of non-compete in employment agreements was established for good reason ‘to shield and protect employers from abusive employees’. As with many well-intended laws, it...
You may notice a dip in your sales when another franchisee opens a store near your business. Because of your proximity, some of your sales naturally go to the other franchisee. This phenomenon is a typical case of cannibalization between two franchises. You may feel...
We see a franchise as a business opportunity, but it also can become a liability if not executed properly. Before any franchisee would like to enter into a commercial agreement with a franchisor, they must be aware of the basics of franchising. The Federal Trade...
When you run a commercial operation, there’s a good chance that you will experience a business dispute sooner or later. The way you approach such disputes can make a difference in the outcome of the incident. As you know, litigation is always an option when business...
As a potential franchisee, you cannot afford just to trust the franchisor to have written a contract that will work for you. You need to review it thoroughly before signing to cement your agreement. Known as the franchise disclosure document, it outlines your future...
A commercial property that is being leased to a tenant comes with one main bill: the monthly lease payment. But that by no means is the only cost that the property owner is going to face. There are also things like utilities, property, taxes, the cost of maintenance...
Depending on the nature of your business, you may require employees to sign a non-compete agreement or covenant not to compete. At its very basic, this legal contract is intended to bar an employee from working for your competition for a specified duration after...
You possess an entrepreneurial mindset and have been thinking about owning a franchise. In the U.S. alone, there are approximately 674,000 franchise owners, and you wish to become part of this statistic. Owning a franchise is a popular way to make money, but it does...
If you want to buy into a franchise, the first thing you have to do is get out your checkbook and make a payment to the franchisor for the franchise fee. How much do you have to pay? It depends largely on the particular franchise you want to operate. Opening a Subway...
What’s one of the most important considerations when buying a franchise opportunity? Location. No one wants to go to the trouble of setting up a business only to have someone turn up and plant theirs right next to you. As a franchisee, you need to enter into a...
