Twenty years ago, Rush on Business began with a simple and deliberate goal: make the law understandable for everyday business owners. At the time, I took a chance on the idea that openly sharing clear, practical legal guidance through a blog could genuinely help people and, in doing so, build meaningful client relationships. I never
How Much Money Do You Need to Buy a Franchise?
Buying a franchise will cost you more than the high end of the investment range disclosed in the Franchise Disclosure Document (FDD).
Let me explain.
Buying a franchise is a major financial decision. It is not just about covering the initial franchise fee and build-out costs. To set yourself up for success, you need to
How to Spot the Red Flags that Can Break Your Franchise Dreams
Not all franchise opportunities are worth the risk.
Franchising has become a popular path to financial independence, promising a proven business model and support from an established brand. With over 15,000 new franchise units expected to open annually, it is easy to get swept up in the excitement of becoming your own boss. However, not
The Boom in Franchising: Private Equity, M&A Deals, and Your Due Diligence
Franchising is booming.
Private equity firms are snapping up franchisors faster than ever. Recently, we have seen Jersey Mike’s secure a massive $8 billion private equity deal and Freddy’s Frozen Custard and Steakburgers now reportedly exploring a sale. The stakes are high, the money is flowing, and the pace of change is staggering.
But
Franchise Law Basics: The Truth Hurts—But It Saves You Money
I recently took a call from someone eager to buy a restaurant franchise.
They were excited, optimistic, and ready to take the plunge. The idea of owning their own business, working for themselves, and controlling their destiny had them fired up. They had done some research, run the numbers, and figured they were ready to
Scam Alert: Protect Yourself from Latest Fraud Tactics
In an era of increasing sophistication in scams, fraudsters have found a new tactic: exploiting real business names and lawyer identities, likely scraped from Secretary of State websites or public records, to bolster their credibility. This scheme not only tarnishes reputations but also endangers unsuspecting victims who may unknowingly engage in fraudulent dealings.
I recently
What to Consider Before Investing in a New Franchise
A client recently asked for my thoughts on a new franchise they are considering.
When it comes to franchising, there is a unique allure to being one of the first. You imagine the chance to “get in on the ground floor,” to ride the wave of a promising new concept. But investing in a new
Navigating the Path Out of a Poor-Performing Franchise: What Every Franchisee Needs to Know
Exiting a failing franchise is not easy.
When a franchise struggles to deliver expected returns, franchisees often wonder if they can negotiate an exit from their ongoing obligations, especially the requirement to continue paying royalties. Franchise agreements are complex, one-sided documents that make severing ties without repercussions challenging. Many franchisees quickly discover that the
How Post-Termination Royalties Can Haunt Franchisees
Continuing royalty payments after termination are often an overlooked financial trap in a franchise agreement.
When you sign the deal, you agree to pay franchise royalties as part of the agreement. But what most franchisees do not realize is that these payments can continue even after termination of the agreement. This leaves you financially exposed
Phishing Attacks Are Surging—Prepare Your Business Now
Phishing tactics are growing, and “impersonation” is their sharpest tool.
In recent months, it seems more businesses are reporting phishing attempts targeting their operations, with bad actors posing as trusted contacts or clients. The result? Devastating losses in both data and finances. Impersonation has become the leading method because it works by exploiting human trust—attackers