Are you interested in starting a new franchise? This blog post will discuss 7 initial steps to franchising your business.
Step 1: Decide if franchising is right for you. Franchising is not something to take lightly. It is a significant commitment, not only in terms of time but also the financial investment required to start
In this video I discuss a red flag I’ve seen come up in franchise agreement negotiation. Sometimes a franchisor will tell a prospective franchisee that they can’t (or won’t) change the franchise agreement. That’s just fine but my problem comes when they say, "Don’t worry though, we won’t hold you to that provision." That is
While discussing a franchise case recently an attorney working with me observed that the franchisor really didn’t agree to do anything for the franchisee in its franchise agreement.
Unfortunately most franchisees are under the mistaken belief that franchisors will provide all kinds of support. When it doesn’t happen and the business relationship has fallen apart, the
When searching my feed reader last night I ran into this distressful thread on BlueMauMau.org, a pro-franchisee Web site. In the comments below the initial post, franchise lawyer Richard Solomon says he is giving up on trying to help franchisees. Richard says,
I’m about ready to climb down off the due diligence cross and
