by Julie Lusthaus | Aug 5, 2021 | Featured Publications
Before you buy a franchise, it is important to understand what costs will be associated with starting and maintaining it. The franchise disclosure document (FDD) contains information about what fees you must pay to the franchisor and other third-parties. These should...
by Julie Lusthaus | Aug 5, 2021 | Featured Publications
Discovery Days for franchises were developed as an opportunity for both franchisors and potential franchisees to get to know each other and decide whether they are a good match. Traditionally, they have involved in-person meetings conducted at the franchisor’s...
by Julie Lusthaus | Aug 5, 2021 | Featured Publications
Franchisors have the right to designate what products and services franchisees must use in the operation of their businesses. This ensures they meet the franchisor’s standards and the suppliers have been properly vetted. While franchisees can be required to use...
by Julie Lusthaus | Aug 4, 2021 | Featured Publications, Multi-Unit Operators
Experienced franchisees often look to expand their business by becoming area developers, purchasing the right to open multiple locations. However, where those opportunities are exhausted, some developers will begin acquiring franchise rights in other brands, often in...
by Julie Lusthaus | Aug 4, 2021 | Blog, For Franchisors
Franchisors and franchisees can benefit from the services of franchise consultants. They help develop the franchise system and aid in the sales process by identifying qualified candidates. Franchise consultants have insight that can ultimately help both parties as...