Update your Franchise Disclosure Document (FDD) to keep it compliant and protect your franchise. Following these five essential tips will aid you in the process.
Familiarize Yourself with State and Federal Guidelines
Any FDD update starts...
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Stepping into a franchise system with master franchisees is more than a simple business decision and one that requires careful preparation and insight. An experienced lawyer can review the franchise contract with you, protect your investment,...
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A franchise attorney is indispensable to the franchising world, especially to real estate franchisees and franchisors. Franchise law is inherently specialized in that it touches on everything from regulatory compliance to intellectual property and...
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Trust is the foundation of successful relationships in business and within franchising. Franchisees and franchisors move forward with a franchise agreement with transparency and as little risk as possible, and that is where due diligence comes in....
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Franchise attorneys provide franchisees and franchisors with specialized advice on how to grow a business, manage risk, and comply with regulations at each stage of franchising.
Business Formation, Franchise Sales, and Purchase
The basic...
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Franchising a business can be a rewarding venture, offering the opportunity to operate under a well-established brand while benefiting from the support and resources of the franchisor. However, it’s essential to approach this decision with a...
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A franchise agreement may seem straightforward, but certain clauses can significantly impact your business. Knowing which clauses to focus on can protect your investment and prevent unexpected challenges.
Territory Rights
One of the most...
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Franchise licenses might look uncomplicated, but they usually incorporate elaborate clauses that may cause significant difficulties for franchisees. Recognize the traps in these agreements to prevent unnecessary errors.
Watch out for these...
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Navigating franchise disputes can be a complex endeavor requiring a nuanced understanding of franchise law and effective conflict resolution strategies. From disagreements over territory rights to breaches of contract, franchise disputes can...
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A master franchise allows you to take control over a larger territory, granting you the rights to operate your own outlets and recruit and support other franchisees within your region. The numerous benefits include financial rewards to...
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mherman@franchise-law.com
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