by Julie Lusthaus | Sep 11, 2019 | Blog, For Franchisors
Once you have decided to expand your business through franchising, one of the next steps is to create the Franchise Disclosure Document (FDD). The FDD contains information about the franchisor and the franchise system. The Federal Trade Commission and state regulators...
by Julie Lusthaus | Aug 29, 2019 | Blog, For Franchisors
Once you have decided that you have a “franchise-able” concept, next you must determine whether franchising is the right step for you. Becoming a franchisor requires a substantial investment of time and money, but the rewards can be well worth it. Before you move...
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...
