The grand opening was going spectacularly well. Lined up two rows deep, waiting customers didn’t know Dale personally. But what they did know was the familiar logo on the large sign visible from downtown. As a franchisor, this is the picture you hope each new franchisee experiences. But before revenue starts flowing, it’s worth making … Read more
Excitement runs high when operating your very first franchise. But as time goes on, hiccups may dim the light you initially felt. This is normal and shouldn’t lead to frustration. Knowing some hidden tidbits your franchisor may have missed during early talks can help. By the end of your reading expect your light to once … Read more
Benefits abound when taking on established branding, processes, marketing, and other business activities from a franchise. It gives franchisees like yourself a solid foundation and allows you to then use your unique leadership style to grow the business. There’s just one thing. Before hiring an attorney to help you solidify an agreement, there’s some terms … Read more
2020: Advice from the Experts The new year is always an exciting time for businesses and entrepreneurs. A time to reflect again on the progress from last year and begin planning for how to make this year even better. Reidel Law Firm always endeavors to give our clients and friends the best in both the … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
When to Franchise Your Business Making the decision to franchise your business is very big and should not be taken lightly. A franchise is a business model that allows an owner to expand and sell the business model to other entrepreneurs, explained in more detail in our article: What is a Franchise. There are four basic … Read more
