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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Before considering franchising your business, it is a good idea to contemplate on what some of the prerequisites entail. Franchising a business can be lucrative if you know how to do it right.
First, the business model for producing products or...
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It is easy and comfortable to think that raising the minimum wage is a good deal for everyone. Proponents of raising the minimum wage to $15 per hour argue that it is a “living” wage and allows people to pay their rent and buy food and...
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No one can deny that our court system has become bogged down, increasingly clogged, and potentially broken. Civil dispute proceedings between individuals and corporations can take months to get to court and months more to resolve themselves. The...
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Goodwill and a stellar reputation make up the core assets of a franchise model. It is the franchise’s reputation for producing a consistent, reputable product or service that lures investors to purchase franchises, and customers to patronize...
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mherman@franchise-law.com
202-686-2886
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