Franchise Bankruptcy
While bankruptcy is not a pleasant topic to discuss, it is prudent to at least understand the process, implications, and ultimately the benefits of utilizing a business or personal bankruptcy for distressed businesses. Franchisees facing extreme economic hardship should take careful note of the benefits and costs to a business bankruptcy and understand the terminology, […]
When the Franchise Relationship Breaks Down
Managing franchise relationships is a key indication of how successful a franchise system will be. Every franchise system is only as strong as its weakest franchise franchisee and that relationship is paramount to succeeding as a franchisor. While being proactive as a franchisor can quell any potential franchise relationship issues early on, what are the […]
Protecting Your IP as a Franchisor
Protecting Your IP as a Franchisor As you build your franchise system and brand, protecting your intellectual property from imitators, rogue franchisees, and even inadvertent infringement is imperative to a successful and growing franchise. The trademarks and brand are an essential element to what makes a franchise system attractive to potential franchisees and even your […]
Why Have a Professional Review My FDD?
Why Have a Professional Review My FDD? Typically one of the first questions I hear from any potential franchisees reaching out to Reidel Law Firm to inquire about the FDD review process. Franchisors, in my experience, will recommend that they have the FDD reviewed by an attorney but will then qualify it by saying that […]
Franchising and the E-2 Visa
Franchising and the E-2 Visa The United States attracts many business owners and investors each year seeking to secure their wealth and future through America’s robust private sector and private property protections. For foreign nationals the US remains the premier offshore wealth and asset protection and investment haven. One of the major benefits of starting […]
How to Read Your FDD
How to Read Your FDD Reviewing your FDD is an important step before becoming a franchisee. FTC regulations require any franchisor to give a potential franchisee 14 days before signing any franchise agreement. You should always take time and attention to review your FDD before signing a franchise agreement. Here are a few tips to […]
New Franchise Rules in Effect in California
New Franchise Rules in Effect in California California franchisees have new legal protections against a franchisor’s termination or non-renewal without cause and refusals to transfer. Later last year the California Franchise Relations Act (CFRA) was significantly revised to offer franchisees greater protections against franchisor actions. Only 18 states have legislation restricting the franchisor-franchisee relationship, often […]
How to Franchise Your Business
How to Franchise Your Business So you decided to franchise your business? What exactly do you do next? Before you jump into hiring a franchising consultant and franchising attorney you will need to understand the basics of franchising, the costs involved, and plan appropriately. Check out our previous article Here for an overview of what franchising is. […]