Depending where you plan on franchising, there are both domestic and international laws that protect intellectual property rights (IPR). The Paris Convention is one of the most well-known international conventions on IPR. The convention applies to a...
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If you want to take the franchise business to the next level then the master franchisee might be the right option. You have to hire a qualified and knowledgeable attorney who handles franchise related business shares. There are many franchisors who...
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If you are planning to enter the universe of offering real estate then one of the best ways is to go for the real estate franchisee. One of the best points of interest of real estate franchisee business framework is that you get set up, clients....
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The franchising agreements would work for the mutual benefits between franchisor and franchisee. Both the franchising parties and the business owner are equally shared profits and being satisfied with the arrangement. When the interest of the...
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An integral part of franchising is the intellectual property rights that protect the franchise. There are many forms of intellectual property rights that deal with franchising, but this blog will concentrate on trademarks.
The definition of a...
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Due diligence is required of an investor before deciding to purchase a franchise. One of the decisive factors of whether to purchase, is the value of the franchise itself. Attempting to figure out the value requires the investor to ask the right...
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There are two approaches on how to create a franchise. The first approach entails the franchising of an existing business that has been tried and tested. If acquiring capital for expanding the business to answer the market demand cannot be...
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Part of what the franchise is purchasing is the expertise of the franchisor. The franchisor has through trial and error overcome many obstacles that a first-time business owner might face. Once pilot operations have been completed and an operations...
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While conducting pilot operations, a franchisor should create an operations manual (“manual”) that states in detail the method of how to operate a franchise. For starters, the manual will have copyright protection. Although the manual is...
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With the political climate in Washington D.C. focused on bringing manufacturing jobs back to the US, the one industry poised to benefit the most could be the automotive sector. There was an old saying that goes like this, “as General Motors...
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