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Franchise Broker Performance Metrics Checklist: A list to measure the effectiveness and success of the franchise broker’s activities

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A checklist with various metrics and measurements written on it

In the competitive field of franchise brokerage, precise performance metrics are pivotal to success. Explore our performance metrics checklist to measure and refine your strategy, improving your influence in the market. Anticipate an overview of the industry-specific metrics, from spotting trends in lead conversion to realizing gains in customer satisfaction and financial performance, all aimed … Read more

What is a Franchise Disclosure Document (FDD) and what information should it include?

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A document with a magnifying glass hovering over it

What is a franchise disclosure document and what information should it include? This legally required document is vital for anyone considering a franchise purchase. Inside, you’ll find detailed descriptions of the franchisor’s background, financial commitments, legal statuses, and operational roles. We’ll dissect the FDD’s purpose and contents to arm you with the knowledge for a … Read more

Why Understanding Franchise Law Could Save Your Business

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Are you leveraging franchise law to safeguard your business? Why understanding franchise law could save your business is not just a question, it’s the foundation of a franchise’s success. This definitive guide will explore how knowing the intricacies of franchise law is more than legal jargon—it’s your arsenal for preventing costly mistakes, ensuring compliance, and … Read more

Ensuring Franchise Compliance: An In-depth Guide for Franchisors

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If you’re tasked with ensuring franchise compliance, you know how complex and multifaceted this responsibility can be. “Ensuring franchise compliance: An in-depth guide for franchisors” is crafted to squarely address the challenges you face as a franchisor. From the nitty-gritty of legal requirements to fostering a culture of compliance, we provide targeted advice and proven … Read more

How to Craft a Franchise Compliance Program

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When it comes to running a franchise, compliance is key to your brand’s integrity and success. This concise guide cuts straight to the chase. We’ll show you how to craft a franchise compliance program that not only adheres to legal requirements but also supports a strong, consistent brand across all locations. Expect practical steps and … Read more

How Does the New FTC Non-Compete Rule Affect Franchising?

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How have non-compete agreements in franchising been reshaped by the FTC’s new rule? While protecting trade secrets and franchisor brands, these agreements have always been central to franchise relationships. The latest FTC regulation introduces significant changes. This article delivers a precise exploration of these changes and how they stand to realign non-competitive agreements, guiding franchisors … Read more

Do I Need My FDD Reviewed?

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If you’re on the brink of signing a franchise agreement, you might be asking: do I need my FDD reviewed? The answer is unequivocally yes. The Franchise Disclosure Document (FDD) is a crucial legal document that details every aspect of a franchise opportunity, and overlooking its complexities can lead to unforeseen legal and financial pitfalls. … Read more

How should I handle franchise resales?

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A business building with a "for sale" sign in front

Looking to buy or sell an existing franchise? How to handle franchise resales without getting overwhelmed is key. This straightforward guide will take you through the critical steps of due diligence, valuation, and legal considerations to assure a seamless transition and a profitable deal. Get ready for actionable advice that demystifies the resale process and … Read more

The Importance of the Cross-Default Clause in a Franchise Agreement

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A contract with a cross-default clause highlighted

If you’re involved in a franchise agreement, understanding the cross default clause is pivotal. This clause dictates what happens if a party falls short in one contract, affecting other related contracts. It’s a defense mechanism designed to protect the entire franchise’s contractual ecosystem from potential fallout. By grasping “the importance of cross default clause in … Read more

What is the Difference between a License and a Franchise?

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Two overlapping circles

Are you weighing the options between obtaining a license and starting a franchise? Directly speaking, “what is the difference between a license and a franchise?” A license allows you to use someone’s intellectual property, providing a degree of independence, while a franchise offers you an established business model and brand, with more defined operational guidelines … Read more

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