by Julie Lusthaus | Feb 25, 2021 | Blog, For Franchisees, For Franchisors
Drive-thru restaurants have always been a convenient and popular option for fast food. However, COVID-19 has had a demonstrable impact on the success of this model. According to Franchise Times, many drive-thru chains saw double-digit growth in 2020, including Jack in...
by Julie Lusthaus | Feb 23, 2021 | Blog, For Franchisees, For Franchisors
Franchise relationship laws regulate franchisor behavior after the purchase of the franchise. Generally, they establish limitations on a franchisor’s rights regarding terminating the franchise, failing to renew the franchise, or failing to approve a franchisee’s...
by Julie Lusthaus | Jan 27, 2021 | Blog, For Franchisors
If you think owning several franchises is a good idea, an area development agreement might be right for you. Unlike with single-unit franchises, an area development arrangement enables you to obtain the right to develop multiple locations within a designated...
by Julie Lusthaus | Jan 21, 2021 | Blog, For Franchisors
When the fiscal year ends, it is time for franchisors to start the annual process of updating their Franchise Disclosure Document (FDD). Under the Federal Trade Commission (FTC) Rule, franchisors are obligated to update their FDD within 120 days from the end of the...
by Julie Lusthaus | Dec 29, 2020 | Blog, For Franchisees, For Franchisors, Multi-Unit Operators
Despite the pandemic, franchising remains a popular option for many business owners. Franchising enables franchisors to rapidly expand a successful business model, while franchisees can take advantage of an established brand. A recent virtual roundtable hosted by...