Insights
Are COVID-Friendly Drive-Thru Restaurants the Next Franchise Wave?
Drive-thru restaurants have always been a convenient and popular option for fast food. However, COVID-19 has had a demonstrable impact on the success of this model. According to Franchise Times, many drive-thru chains saw double-digit growth in...
Are You Subject to Franchise Relationship Laws?
Franchise relationship laws regulate franchisor behavior after the purchase of the franchise. Generally, they establish limitations on a franchisor’s rights regarding terminating the franchise, failing to renew the franchise, or failing to approve...
Is an Area Development Agreement Right for You?
If you think owning several franchises is a good idea, an area development agreement might be right for you. Unlike with single-unit franchises, an area development arrangement enables you to obtain the right to develop multiple locations within a...
It’s Time for 2021 Annual Updates to Your FDD
When the fiscal year ends, it is time for franchisors to start the annual process of updating their Franchise Disclosure Document (FDD). Under the Federal Trade Commission (FTC) Rule, franchisors are obligated to update their FDD within 120 days...
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Are You Ready to Be a Franchisor?
Are you looking to franchise your business? Not sure where to start? In this exclusive guide for business owners and entrepreneurs, you will learn if you’re ready to grow your brand through franchising.