What Are Carnets and How Are They Used?
Originally walking slowly towards the customs authority, Ray suddenly quickened his pace. The reason behind his change of gait was a welcome thought. “That’s right, I don’t have to pay duty fees!” Acting almost like a “merchandise passport,” ATA carnets aren’t necessarily mainstream knowledge. We aim to change that in the following article. By the […]
Franchise Broker Liability
Liability of Franchise Brokers Franchise brokers are coming under increasing scrutiny for their activities as franchise sellers under state franchise regulation. The FranChoice lawsuits filed in 2019 became a major wake-up call for franchise brokers and the industry at large. With the increased potential for suits or regulatory oversight, it is essential for franchise brokers […]
How to Read Your Franchise Disclosure Document
“I’m sorry, I don’t speak legalese. Only English,” stated the perplexed entrepreneur. Prospective franchisees can sometimes be intimidated by a certain legal document. The “terrifying” uniform franchise disclosure document. But before entering into any business relationship using your John Hancock, there’s a diligence process to follow. We’ll outline this method here. Let’s start you down […]