What does a royalty fee mean in a franchise agreement? It’s the ongoing cost you, as a franchisee, pay to the franchisor for using their
Entering into a franchise agreement often involves a critical component that could impact your personal financial security: the personal guarantee. When considering a franchise opportunity,
Franchise ownership utilizes an established brand to build a track record. One that involves more than gross sales or company culture. Instead placing an emphasis
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.
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
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
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
What is a franchise operations manual? Simply put, it’s the essential playbook that ensures every franchisee replicates the franchisor’s brand, processes, and standards across all
Terrorist financing isn’t always obvious. You might unknowingly do business with its supporters through oversight. Selecting customers that are threats to national security or human
Financial crimes are multiplying as the business landscape trends towards the digital realm. Another vulnerability is our move away from fiat currency. Sanctions breaches, whether
“Those vials wouldn’t happen to contain bubonic plague would they?” asked the security official. “O no sir, they are just regular diseases,” replied the college
Entrepreneurs have always desired to open up new international markets. But trading with nations under sanctions adds red tape. In 2020, we shipped $124.5 billion
What does receiving a “what is a customs notice of seizure” mean for you? This urgent communication from US Customs and Border Protection indicates that
“Sir, put down the orange and step away from the vehicle!” commanded the official. In real life, don’t expect this exact scenario to play out.
Customs clearance is your top focus once a shipment has departed from a particular country. Your professional reputation and bottom line are depending on you.
As the medical device industry continues to grow globally, more companies are looking to import their products here. The U.S. market is one of the
New importers may believe that they should handle the entire process. All by themselves. But veteran shippers understand customs requirements demand a legal entity. We
Are you a prospective franchisee looking to navigate the critical first step of franchise negotiations? Letters of intent in franchising are not just formalities; they
Let’s embark on a whimsical expedition through the uncharted territories of fiction’s most beloved and bizarre concepts. Where the realms of imagination serve up a
If you’re looking for an actionable trade compliance role and responsibilities cheatsheet, you’ve come to the right place. Cut through the complexity and get straight
Dex Powers My Law Firm and International Business Travels Wanted to share some of my thoughts and experience with DEX over the past 6 months.
What is the Linux Law Firm? In short, it’s Reidel Law Firm! We are a law firm that is dedicated to providing the highest quality
There’s no doubt that lawyers and law firms which have embraced AI and legal tech are ahead of the curve. If you’re looking for an
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