Franchise & Business Law | Westchester Franchise Attorney
Lusthaus Law P.C. represents franchisors, franchisees, and independent business owners in all aspects and at all stages of their business development, management, and operations. With extensive experience in franchise law, Lusthaus Law has one goal: To help every client navigate a clear path to franchise success.
Franchise Matters Blog
Before deciding whether to make financial performance representations, franchisors should consider these things.
Item 7 of the Franchise Disclosure Document (FDD) requires franchisors to set out in a prescribed tabular format a franchisee’s estimated initial investment – i.e., all the expenses required by the franchise agreement and all other costs necessary for a franchisee to commence business. These costs go beyond the fees in Item 5-Initial Franchise Fees […]
There are 4 main types of franchise models for business format franchising: Single Unit, Multi-Unit Development, Conversion, and Master Franchise. We discuss the benefits of each for a prospective franchisor.