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Lusthaus Law P.C.
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How Can You Ensure Compliance with Franchise Sales Laws?

How Can You Ensure Compliance with Franchise Sales Laws?

by Julie Lusthaus | Dec 3, 2019 | Blog, For Franchisors

Once you have prepared your Franchise Disclosure Document (FDD), there is another important step before you begin offering your franchise – compliance training. Franchise rules are complex and those who will be marketing and selling your franchise can easily run afoul...
What Should Be Included in the Franchise Operations Manual?

What Should Be Included in the Franchise Operations Manual?

by Julie Lusthaus | Nov 18, 2019 | Blog, For Franchisors

Item 11 of the Franchise Disclosure Document is where franchisors are required to outline their obligations to help support franchisees before and after operations begin. Part of this assistance involves loaning the franchisee a copy of the franchisor’s operations...
Should You Make Financial Performance Representations to Potential Franchisees?

Should You Make Financial Performance Representations to Potential Franchisees?

by Julie Lusthaus | Nov 8, 2019 | Blog, For Franchisors

One of the first questions a potential franchisee is likely to ask about a franchise is “How much money can I make?” While the Franchise Disclosure Document (FDD) is intended to help franchisees make well-informed decisions about whether to buy the franchise, it does...
October 2019: Julie Lusthaus to Present at ABA Forum on Franchising in Denver, Colorado

October 2019: Julie Lusthaus to Present at ABA Forum on Franchising in Denver, Colorado

by Julie Lusthaus | Oct 29, 2019 | News & Events

At this year’s 42nd Annual Forum on Franchising, Julie Lusthaus co-presented a workshop entitled “Buying and Selling a Franchised Business, Guiding a Franchisee through the Process.” The presentation discussed: “Representing a client buying or...
How Do you Determine the Initial Investment for Item 7

How Do you Determine the Initial Investment for Item 7

by Julie Lusthaus | Oct 24, 2019 | Blog, For Franchisors

Item 7 of the Franchise Disclosure Document (FDD) requires franchisors to set out in a prescribed tabular format a franchisee’s estimated initial investment – i.e., all the expenses required by the franchise agreement and all other costs necessary for a franchisee to...
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