Can a Franchisee Terminate a Franchise Agreement?

Reidellawfirm.com | Can a Franchisee Terminate a Franchise Agreement?

Can a franchisee terminate a franchise agreement? The answer is yes, under certain circumstances. This pivotal decision, governed by the original contract and state laws, may have serious implications for your business. We’ll guide you through the often complex termination process, including legal considerations and potential alternatives to dissolving your franchise relationship. Key Takeaways Franchisees […]

Guide to Understanding Item 19 of an FDD

Reidellawfirm.com | Guide to Understanding Item 19 of an FDD

Are you trying to decode Item 19 of an FDD? This essential part of the Franchise Disclosure Document offers potential financial performance data crucial to your investment decision. In our guide to understand Item 19 of an FDD, we’ll walk you through this section’s key elements, ensuring you’re well-equipped to dissect the figures and projections […]

What is a Franchise Business Review and Do I Need One?

Reidellawfirm.com | What is a Franchise Business Review and Do I Need One?

A “what is a franchise business review” is a critical analysis of a franchise system that offers potential investors deep insights into its financial health, operational culture, and overall franchisee satisfaction. This review aids in making an informed decision when choosing a franchise to invest in, highlighting strengths and potential risks. As an entrepreneur exploring […]

What are FDD Registration States?

Reidellawfirm.com | What are FDD Registration States?

As a franchisor or franchisee, it’s imperative to identify what is franchise registration states—jurisdictions requiring specific regulatory compliance before you can sell or buy a franchise. This article cuts straight to the chase, detailing these states, outlining the registration process, fees, and the all-important Franchise Disclosure Document (FDD). Stay tuned for a roadmap through the […]

Food Franchises – What to Know

Reidellawfirm.com | Food Franchises - What to Know

The statistics on hunger are quite telling. For example, 1 out of every 1 person must eat each day. Okay, that number isn’t too surprising. But it does illustrate the lucrative nature of the food franchise industry. Despite its potential, you can still benefit from a guide for selecting the best fit.  You’re in the […]

Franchise Relationship Laws

Reidellawfirm.com | Franchise Relationship Laws

Too many hands in the cookie jar prevent everyone from eating their fill. Okay, what does this analogy have to do with your franchise? Plenty. Recent laws have affected the relationship between you and potential buyers. But there is a way to meet them and still enjoy profits. We want to educate you and reveal […]

How Much Do Franchise Owners Make?

Reidellawfirm.com | How Much Do Franchise Owners Make?

In 2016, Michael Keaton portrayed Ray Croc in a movie titled, “The Founder.” McDonald’s is a household name. And the inspiration fueling many franchise owners. After all, who doesn’t want to obtain that level of success? But starting off, the ideal first step is to be realistic. Learn how much franchise owners make. Then start […]

Gas Station Buyers: Franchise or Independent? What to Know

Reidellawfirm.com | Gas Station Buyers: Franchise or Independent? What to Know

Despite a push for fully-electric and hybrid vehicles, gasoline use remains high. Especially when you have to shell out an average of $66,000 for an EV. Ouch. Savvy entrepreneurs like yourself understand this. And are entertaining the thought of buying a gas station. The only question is, independent or franchise? By the end, we hope […]