by Julie Lusthaus | Mar 11, 2024 | Blog, For Franchisees, For Franchisors, Multi-Unit Operators, Video Blogs
Video Transcript: What Are Some Important Franchising Terms? [00:05] I’m often asked to explain various franchise terms like who’s who, the franchise relationship. Let’s start at the beginning. Franchising is a strategy for business expansion whereby...
by Julie Lusthaus | Feb 7, 2024 | Blog, For Franchisors
With 2024 in full swing, February is the ideal time for franchisors to start the Franchise Disclosure Document (FDD) renewal process. Let’s discuss why. FDD Basics Franchisors are required by federal and state law to prepare an FDD. Its 23 items provide necessary...
by Julie Lusthaus | Jan 29, 2024 | Blog, For Franchisees, For Franchisors, Multi-Unit Operators
We recently discussed new federal and state legislation covering corporate transparency. There are additional legal trends that NY franchisors and franchisees should know that can impact their businesses. Let’s review what was newly enacted in 2024 and what was nearly...
by Julie Lusthaus | Jan 23, 2024 | Blog, For Franchisees, For Franchisors, Multi-Unit Operators
The franchising industry will undoubtedly be impacted by new laws and updates to existing laws this year. With 2024 in full swing, let’s review legislative developments at the state and federal levels that may impact New York franchisors and franchisees. Corporate...
by Julie Lusthaus | Jan 10, 2024 | Blog, For Franchisees, For Franchisors
Pursuant to federal and state law, Franchisors are required to provide prospective franchisees with a franchise disclosure document (FDD) to enable franchisees to make informed decisions about whether to purchase the franchise. This documentation is crucial to...
