New de minimis shipping rule changes effective May 2, 2025, eliminate the $800 duty-free exemption for imports from China and Hong Kong. This means businesses must now pay duties on these low-value imports. This article explains these changes, their impact on your business, and how to adapt. Key Takeaways The de minimis rule, previously allowing … Read more
Need the best franchise lawyers for your business? This article covers top firms that specialize in franchise law, from compliance to growth strategies, and will help you choose the right legal support. Key Takeaways Leading Franchise Law Firms Franchise law’s complexities demand the expertise of specialized legal professionals. Top franchise law firms provide services tailored … Read more
Buying a franchise can be an exciting and potentially lucrative business opportunity. Franchise brokers can be valuable resources for prospective franchisees, helping them find suitable opportunities based on their investment capacity and interests. However, before taking the plunge, it is crucial to conduct due diligence to ensure that you are making an informed decision. Due … Read more
The Evolution of Our Law Firm’s Tech Stack The legal industry is notoriously slow to adopt new technology, but at Reidel Law Firm, we’ve always embraced efficiency, security, and mobility as core principles in running a modern law practice. Our commitment to open-source software (FOSS), automation, and decentralized legal tools has only strengthened over the … Read more
Buying a franchise is a big decision. What to know before buying a franchise includes understanding what you need to avoid costly mistakes. This article dives into key areas like researching franchisors, understanding financial obligations, and evaluating support systems. Prepare yourself with the crucial information needed to make an informed franchise investment. Key Takeaways Thorough … Read more
How negotiable is a franchise agreement? The answer depends on the franchisor’s flexibility and the terms in question. This article will explore key factors like the size and age of the franchise system, commonly negotiated terms, and tips for negotiating effectively. Dive in to learn what you can and cannot change in your franchise agreement. … Read more
If you’re considering buying a franchise, negotiating royalty fees can significantly impact your long-term profitability. This article will guide you on how to negotiate franchise royalty fees effectively, from understanding key factors to preparing a solid case. Keep reading to discover actionable strategies to secure better terms on your franchise journey. Key Takeaways Royalty fees … Read more
In franchising, two documents are vital: the Franchise Disclosure Document (FDD) and the franchise agreement. This handbook, “The Franchisors Handbook: Understanding FDD and Franchise Agreements,” helps franchisors understand these documents. It covers what each document is, why they matter, and how to use them effectively. Key Takeaways Franchising offers benefits such as brand recognition, lower … Read more
To ensure franchisees comply with brand guidelines and operating standards, it is essential to provide clear guidelines, effective training, and regular audits. This article will discuss these strategies and how do I ensure franchisees comply with brand guidelines and operating standards, helping to maintain brand consistency and quality. Key Takeaways Brand consistency is essential for … Read more
Are you wondering if your franchise will have exclusive territories, or can other franchisees open near my location? This guide will clarify how franchise territories work and what to expect regarding territorial exclusivity and competition, specifically addressing the question: are there exclusive territories or can other franchisees open near my location? Key Takeaways Franchise territories … Read more
