You have built a successful business and perhaps even have multiple business locations that are thriving. Out of the blue someone says, “You should franchise!” And the wheels start turning from there. You learn about the expected investment, hire a franchise attorney and complete your Franchise Disclosure Document (an over simplification for the purposes of
Iowa franchise law
Franchises Face Challenges as the Pandemic Continues
2020 has been tough. And with the pandemic continuing, unfortunately it does not appear the challenges will end for franchise businesses any time soon. Governors around the country, including Iowa, are issuing new shutdown orders. What are key considerations for franchises as 2020 closes and we head into the new year:
- Leadership. A
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Should You Hire a Franchise Broker?
I ran across this informative article on whether you should hire a franchise broker to purchase a franchise via the Indiana Civil & Business Lawyer Blog.
The article discusses how the Internet has changed the way people find a franchise. With all the information available on the Internet it has produced "information overload" for prospective franchisees. …
Franchisees Must Consider Internet Retailing Encroachment
I have written in the past about Iowa Franchise Law and Territorial Encroachment. Franchisees generally want an exclusive territory that is protected from encroachment by other franchisees or the franchisor’s company owned stores. But have you considered the impact of Internet retailing by the franchisor or other franchisees?
Be sure to review the territory…