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Reidel Law Firm – Texas Based, Global Reach
  • Home
  • What We Do
    • Franchise Law
      • Franchise Disclosure Document Review
      • Flat Fee Franchise Exit Package
      • Startup Franchising
    • International Trade Law
      • Import/Export Compliance Memo
    • Business Law
      • Flat Fee, Simple Business Sale Counsel
  • Our Team
    • Schuyler “Rocky” Reidel
  • Our Blog
  • Contact Us

Franchise Glossary

Franchise Agreement Terms Easily Confused: Letter of Intent (LOI) vs. Franchise Agreement

January 11, 2025July 10, 2023 by Schuyler 'Rocky' Reidel
Two documents side-by-side

Confused about the terms in a franchise agreement? This article explains the difference between a Letter of Intent (LOI) and a Franchise Agreement, helping you navigate the complexities of franchise agreements with ease..

Categories Franchise Glossary

Franchise Agreement Terms Easily Confused: Direct Franchising vs. Master Franchising

January 11, 2025July 10, 2023 by Schuyler 'Rocky' Reidel
Two interlocking circles

Discover the key differences between direct franchising and master franchising agreements.

Categories Franchise Glossary

Franchise Agreement Terms Easily Confused: Direct Franchising vs. Master Franchising

January 11, 2025July 10, 2023 by Schuyler 'Rocky' Reidel
Two interlocking circles

Discover the key differences between direct franchising and master franchising agreements.

Categories Franchise Glossary

Franchise Agreement Terms Easily Confused: Net Worth vs. Liquid Capital

January 11, 2025July 10, 2023 by Schuyler 'Rocky' Reidel
Two different types of currency

Confused about the terms net worth and liquid capital in franchise agreements? This article breaks down the differences and helps you understand their importance in making informed business decisions..

Categories Franchise Glossary

Franchise Agreement Terms Easily Confused: Sole Proprietorship vs. Corporation

January 11, 2025July 10, 2023 by Schuyler 'Rocky' Reidel
Two different business structures

Confused about the terms in a franchise agreement? This article explains the key differences between sole proprietorship and corporation, helping you make an informed decision for your franchise business..

Categories Franchise Glossary

Franchise Agreement Terms Easily Confused: Turnkey vs. Build-Out

January 11, 2025July 10, 2023 by Schuyler 'Rocky' Reidel
Two buildings

Learn the key differences between turnkey and build-out franchise agreement terms in this informative article.

Categories Franchise Glossary

Franchise Agreement Terms Easily Confused: Hard Costs vs. Soft Costs

January 11, 2025July 10, 2023 by Schuyler 'Rocky' Reidel
A pie chart

In this article, we explore the often misunderstood terms in franchise agreements: hard costs vs. soft costs.

Categories Franchise Glossary

Franchise Agreement Terms Easily Confused: Operations Manual vs. Franchise Agreement

January 11, 2025July 10, 2023 by Schuyler 'Rocky' Reidel
Two documents side by side

This article explores the often-confused terms in franchise agreements, specifically the distinction between the operations manual and the franchise agreement.

Categories Franchise Glossary

Franchise Agreement Terms Easily Confused: Discovery Day vs. Training

January 11, 2025July 10, 2023 by Schuyler 'Rocky' Reidel
Two people shaking hands in front of a large sign that reads "discovery day" and "training"

This article explores the often-confused terms in franchise agreements: Discovery Day and Training.

Categories Franchise Glossary

Franchise Agreement Terms Easily Confused: Initial Investment vs. Ongoing Costs

January 11, 2025July 10, 2023 by Schuyler 'Rocky' Reidel
A stack of coins representing the initial investment and a stack of coins with a timer representing ongoing costs

Learn the key differences between initial investment and ongoing costs in franchise agreements.

Categories Franchise Glossary
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