by Julie Lusthaus | Apr 8, 2022 | Blog, For Franchisees
Anyone considering buying their first – or next – franchise business will inevitably receive a franchise disclosure document (FDD) from the franchisor. The next step is to meet with a franchise lawyer to review the FDD, the franchise agreement, and other critical...
by Julie Lusthaus | Feb 28, 2022 | Blog, For Franchisees
Franchisees have lots on their minds. Just maintaining a reliable staff and generating a profit is enough to keep an operator occupied. Understandably, most franchisees do not have the renewal process on their radar over the course of a standard agreement. But...
by Julie Lusthaus | Jan 28, 2022 | Blog, For Franchisors
Restaurant franchises were forced to reevaluate traditional dine-in and takeout experiences in the wake of the pandemic and to cater to a changing consumer base. Some franchise systems met these evolving needs by establishing ghost kitchens, a non-branded unit devoted...
by Julie Lusthaus | Dec 23, 2021 | Blog, For Franchisees
We have established the importance of the Franchise Disclosure Document (FDD), which franchisors share with prospective franchisees early in the due diligence process. There are 23 items in the FDD that contain information about the franchisor, the franchise system,...
by Julie Lusthaus | Dec 10, 2021 | Blog, For Franchisees
All franchise agreements have different terms. What works well in one system may not be appropriate in another. The term and renewal provisions of the franchise agreement set forth the length of the relationship. There are advantages and drawbacks to an agreement of...
