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...
by Julie Lusthaus | Dec 20, 2023 | Blog, For Franchisees, For Franchisors
We recently discussed some of the most frequently used franchising terms and one concept touched upon was licensing. Licensing is at the core of franchising – but can sometimes be mistaken for it – which is why it deserves its own installment. Let’s review licensing...
by Julie Lusthaus | Nov 27, 2023 | Blog, For Franchisees
In franchising, it is always better to be ahead of the game. This is especially so for franchisees, who are not provided with an unlimited right to operate their businesses. Let’s discuss what franchisees need to know about renewing their franchise agreement and how...
by Julie Lusthaus | Nov 13, 2023 | Blog, For Franchisees, For Franchisors, Multi-Unit Operators
In franchising, the right legal team matters. So does the right business term. Franchising concepts and words are used interchangeably, but anyone considering entering this exciting area of business should be able to distinguish and contextualize these terms. Let’s...
