You have your Franchise Disclosure Document [FDD] updated, and you are ready to sell franchises. Before advertising, there may be … Continue Reading →
Where are Your Franchise Wrapped Vehicles?
Wrapped branded vehicles are a wonderful way to promote your franchise brand. It is like a moving billboard. But what … Continue Reading →
What Can Franchisors Say about Financial Performance?
Pursuant to an article appearing in the Luxora Leader reports a Roast Plant franchisee is suing its franchisor based asserting … Continue Reading →
What is the Key to the Happy and Successful Franchisees?
What factors do you look at when recruiting franchises? Do you look for the prospective franchisees with a college degree, … Continue Reading →
How Long Must Franchisor Litigation be Disclosed?
In Item 3 of the franchise disclosure document [FDD], the franchisor must disclose if it, it’s affiliate who guarantees the … Continue Reading →
Abandoning Franchisee’s Claims Against Franchise Denied!
What is a franchisee to do when faced with a notice of default? Abandon the franchise? Should the franchise de-brand … Continue Reading →
When Can the Franchisor Withhold Approval?
Franchisee enters into a Purchase Agreement for the sale of 5 franchises. Under the Purchase Agreement, the Purchase Price is … Continue Reading →
What Financials are Required for Startup Franchisors?
The Federal Trade Commission Franchise Disclosure Laws [FTC Franchise Disclosure Rule] requires disclosures in item 21 of the Franchise Disclosure … Continue Reading →
When is Franchise Transferee Bond?
One of the inalienable rights to owning your own business is the ability to transfer and sell your business. The … Continue Reading →
When Can You Recognize Initial Franchise Fees?
As part of franchise disclosures, franchisors are required to disclosure financials. The financials included in the franchise disclosure document [FDD] … Continue Reading →