by Julie Lusthaus | Nov 21, 2024 | Blog, For Franchisees, For Franchisors, Multi-Unit Operators
Area developers, also known as multi-unit operators, will often see the term “cross-default” in their franchise agreements. Though the term might look like standard legalese, cross-default provisions can make or break an area developer’s units and progress. NY...
by Julie Lusthaus | Oct 1, 2024 | Blog, For Franchisees, For Franchisors, Multi-Unit Operators
NY franchisees acquiring rights to develop brick and mortar franchises must have commercial leasing on their radar when signing their franchise agreement. How, where and when you lease space for your business can often impact overall profitability. Let’s discuss...
by Julie Lusthaus | Sep 11, 2024 | Blog, For Franchisees, For Franchisors, Multi-Unit Operators, Video Blogs
Methods for Business Expansion [0:00] Many business owners think about expanding their business, and there are several ways to do that. These include direct expansion, joint ventures and partnerships, licensing and franchising. Today, we will briefly discuss these...
by Julie Lusthaus | Aug 29, 2024 | Blog, For Franchisees, For Franchisors, Multi-Unit Operators
We recently discussed the rule issued by the Federal Trade Commission (FTC) banning non-competes, which was slated to go into effect Sept. 4, 2024. The rule was expected to impact the private sector but was challenged by various influential plaintiffs in federal...
by Julie Lusthaus | Aug 1, 2024 | Blog, For Franchisees, For Franchisors, Multi-Unit Operators
Lusthaus Law recently provided a high-level overview of the Model Franchise Broker Registration Act, which was proposed in May 2024 by the North American Securities Administrators Association (NASAA). Our clients and readership requested that we launch into a bigger...