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
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 […]
Guide to Understanding Item 19 of an FDD
Try before you buy doesn’t apply to franchises. Signing as a new franchisee pairs you with an established business. Make sure it’s a mutually beneficial partnership. You can accomplish this through patience and a thorough review of the system’s financial data. By the time we wrap up, you’ll understand the most important section of this […]
Can a Franchisee Terminate a Franchise Agreement?
Most franchise agreements yield positive results. For both a franchisee and franchisor. But as with any business relationship, there may arise a need to terminate the contract. Don’t worry, it happens. We’ll outline the two common ways this occurs and offer advice on ending it peacefully. That’s surely what you want. Keep reading to remove […]
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 […]
What is a Franchise Business Review and Do I Need One?
Businesses that conduct internal audits win. Whether to gain financing or improve services, this act is vital. With it, you can achieve high franchisee satisfaction. And receive positive ratings from those who visit your operation. We want to equip you with the necessary steps to follow. So you don’t have to waste valuable time on […]
How to Find a Franchise Lawyer – What Do They Do?
How to Find a Franchise Lawyer – What Do They Do? Shopping for a franchise lawyer can actually be an enjoyable experience when you realize one fact. As a future franchisee, you’re in the driver’s seat. General counsel works for you. Not the other way around. Feels good to be the boss, doesn’t it? Before […]