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 … Read more
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 … Read more
In 2016, Michael Keaton portrayed Ray Croc in a movie titled, “The Founder.” McDonald’s is a household name. And the inspiration fueling many franchise owners. After all, who doesn’t want to obtain that level of success? But starting off, the ideal first step is to be realistic. Learn how much franchise owners make. Then start … Read more
Despite a push for fully-electric and hybrid vehicles, gasoline use remains high. Especially when you have to shell out an average of $66,000 for an EV. Ouch. Savvy entrepreneurs like yourself understand this. And are entertaining the thought of buying a gas station. The only question is, independent or franchise? By the end, we hope … Read more
Buying an ATM Money provided by an ATM machine makes a special sound. Especially for business owners that operate them. It’s the noise of passive income. Franchise opportunities aren’t limited to brick and mortar businesses. And with low startup costs, these machines are popular. Come along as we outline how to turn your initial investment … Read more
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 … Read more
Before investing in or starting automotive franchises, education is key. It’s also important to understand the local market and competition. And potential legal issues related to opening this franchise. Our goal is to address your potential questions and provide simple answers. What Are Car and Automotive Franchises and How Do They Work? Franchise opportunities abound … Read more
Introduction to Release of Claims A release of claims agreement is a legally binding contract that prevents disputes after a settlement, allowing parties to resolve conflicts quickly and efficiently. This agreement is essential for managing liabilities and facilitating compensation to claimants. For instance, in the aftermath of the 2010 Deepwater Horizon oil spill, thousands of … Read more
What Is the Role of a Franchisee? The learning curve for a franchisee is much lower than a startup founder. Benefits abound. Just look at any McDonald’s franchise for confirmation of this fact. But before you put an initial down payment on a particular business model, review this convenient roadmap. It will help guide you … Read more
Liability of Franchise Brokers Franchise brokers are coming under increasing scrutiny for their activities as franchise sellers under state franchise regulation. The FranChoice lawsuits filed in 2019 became a major wake-up call for franchise brokers and the industry at large. With the increased potential for suits or regulatory oversight, it is essential for franchise brokers … Read more
