Insights
What are Gross Sales for Purposes of Calculating Restaurant Franchise Royalties?
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...
What is the Effect of Signing the Franchise Disclosure Document Receipt?
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...
What Does It Cost to Open a Franchise?
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...
Should You Consider a Marijuana Franchise?
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...
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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.