| Car and Automotive Franchises - What to Know?

Car and Automotive Franchises – What to Know?

Before investing in or starting automotive franchises, education is key. It’s also important to understand the local market and competition.  And potential legal issues related to opening this franchise. Our goal is to address your potential questions and provide simple answers. What Are Car and Automotive Franchises and How Do They Work? Franchise opportunities abound[…] | What is BIS?

What is BIS?

“Our goal is to obtain advanced computing semiconductor chips.  We would very much like to use this technology for military applications,” relayed the foreign visitor. “One second please Mr. Visitor,” answered the U.S. business owner. Stepping off to the side, the now confused entrepreneur whispered to his business partner.  “Something seems off.” Okay, it’s usually[…]

What’s the Big Deal with General Releases?

What Are General Releases? When entering into a business relationship, it is important to consider the use of general (sometimes called legal) releases. A general release is a legally binding document in which one party (the releasor) agrees to waive their right to pursue further legal action against another party (the releasee), even if the[…] | What Is the Role of a Franchisee?

What Is the Role of a Franchisee?

What Is the Role of a Franchisee? The learning curve for a franchisee is much lower than a startup founder.   Benefits abound.  Just look at any McDonald’s franchise for confirmation of this fact. But before you put an initial down payment on a particular business model, review this convenient roadmap.  It will help guide you[…] | What Are Carnets and How Are They Used?

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[…]