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 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...