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...
by Julie Lusthaus | Nov 9, 2021 | Blog, For Franchisees, For Franchisors
Franchising is always evolving. New trends are emerging in the way products and services are offered and what drives growth beyond sales and behind the scenes. Below are five franchising industry trends franchisors and franchisees should be aware of as they look...
by Julie Lusthaus | Oct 28, 2021 | Blog, For Franchisees
There are franchise laws and regulations that protect franchisees from being defrauded and unfairly losing their investment. Today we will provide brief overviews of the FTC Franchise Rule, State Disclosure Laws and State Relationship Laws. By understanding how these...