Finding a Franchise
When it comes to starting your own business, many people think that the only option is to go it alone. However, this isn’t always the case. There are many franchise opportunities for those who are looking to be their own boss without all of the risk. Franchise owners can cut through much of the stressful […]
What is the Difference Between a Franchise Agreement and a Master Franchise?
The grand opening was going spectacularly well. Lined up two rows deep, waiting customers didn’t know Dale personally. But what they did know was the familiar logo on the large sign visible from downtown. As a franchisor, this is the picture you hope each new franchisee experiences. But before revenue starts flowing, it’s worth making […]
Tips Your Franchisor Forgot To Mention
Excitement runs high when operating your very first franchise. But as time goes on, hiccups may dim the light you initially felt. This is normal and shouldn’t lead to frustration. Knowing some hidden tidbits your franchisor may have missed during early talks can help. By the end of your reading expect your light to once […]
Franchise Agreement Terms To Pay Attention To: Part 1
Benefits abound when taking on established branding, processes, marketing, and other business activities from a franchise. It gives franchisees like yourself a solid foundation and allows you to then use your unique leadership style to grow the business. There’s just one thing. Before hiring an attorney to help you solidify an agreement, there’s some terms […]
2020: Advice from the Experts
2020: Advice from the Experts The new year is always an exciting time for businesses and entrepreneurs. A time to reflect again on the progress from last year and begin planning for how to make this year even better. Reidel Law Firm always endeavors to give our clients and friends the best in both the […]
Protecting Your IP as a Franchisor
Protecting Your IP as a Franchisor As you build your franchise system and brand, protecting your intellectual property from imitators, rogue franchisees, and even inadvertent infringement is imperative to a successful and growing franchise. The trademarks and brand are an essential element to what makes a franchise system attractive to potential franchisees and even your […]
Why Have a Professional Review My FDD?
Why Have a Professional Review My FDD? Typically one of the first questions I hear from any potential franchisees reaching out to Reidel Law Firm to inquire about the FDD review process. Franchisors, in my experience, will recommend that they have the FDD reviewed by an attorney but will then qualify it by saying that […]
How to Craft a Franchise Compliance Program
How to Craft a Franchise Compliance Program Franchise compliance should be the top concern of any existing or potential franchisor. Many experienced business people jump into the franchise model without fully understanding the rules, regulations, and penalties for a poorly implemented franchise system. The franchise industry is very regulated compared to the typical business environment […]