by Julie Lusthaus | Aug 8, 2019 | Blog, For Franchisors
You have a successful business and are wondering if franchising makes sense. While there are many well-known and profitable companies, few become franchises. For every McDonald’s, Hertz, Choice Hotel, there are probably millions of businesses that could not and should...
by Julie Lusthaus | Jul 16, 2019 | Blog, For Franchisees
Franchise agreements provide for payment of royalties in exchange for the franchisee licensing the rights to use the franchisor’s trademarks, logos, service marks and systems of operation. The amount of royalties is typically based on a percentage of gross sales, a...
by Julie Lusthaus | Jul 5, 2019 | Blog, For Franchisees, For Franchisors
One of the first steps involved in buying or selling a franchise is the sharing of the Franchise Disclosure Document(FDD). Under federal and state law, the franchisor must give the FDD to a prospective franchisee. The FDD is intended to help ensure that...
by Julie Lusthaus | Jun 13, 2019 | Blog, For Franchisees
Opening a franchise may seem less risky than starting another type of business, but like all new businesses, it can require a significant upfront investment. Running out of money is a big reason why businesses fail. If you are thinking about buying a franchise, you...
by Julie Lusthaus | Jun 5, 2019 | Blog, For Franchisees
Over the last few years, public opinion has been moving toward legalizing at least some use of marijuana. Currently, thirty-three states and the District of Columbia have passed laws decriminalizing marijuana in specific instances. Most of these states allow medical...
