It is an unavoidable fact that franchising is essential to grow a business. It is a substitute to fund a business growth. Some start with domestic region while some move on to next level, i.e. International Franchise.
International...
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What is International Mediation?
During conflict, the parties are not able to reach to an agreement. So, a third party steps in to resolve the conflict and help the conflicting parties reach to a mutual agreement. The third party can also be called...
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We have written on this blog numerous times on how the military life prepares veterans for a transition into the franchise business. Franchisees are entrepreneurs, but franchisees are limited to the degree of discretion they have over business...
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When evaluating a franchise for potential investment one should examine the trend of earnings per share, the number of franchise sales, and stock price of the parent company in order to get a feel for the direction the company may be heading. This...
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The Wells Fargo unauthorized account opening scandal is now spreading to its small businesses lending practices nationwide. Wells Fargo is not a franchise company per se, but is perhaps more involved in franchising than any other company. Wells...
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One of the critical laws governing franchise sales is the “cooling off” period. The cooling off period is recognized by the FTC as a mandatory period of time, in which a new franchisee has the right to get their money back should they...
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In addition to paying your employees the required minimum wage, a franchise owner has the legal responsibility to comply with the department of taxation, in the states where they are located, to pay sales taxes on an on-going basis. If a franchisee...
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The former owner and CEO of a chain of 40 New York-based Jreck Subs restaurant franchises, now faces 20 years in prison and a $250,000 fine for defrauding lenders and investors of up to $25 million. Christopher Swartz recently plead guilty to wire...
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Forbes magazine recently listed several things that a prospective franchisee should consider before buying into a franchise. While no list could ever be intended to be complete, the following points are to be considered. They are assessing your...
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According to the newspaper, The Sydney Morning Herald, a new scandal is on the shelf at 7-Eleven and it is sending shockwaves through the entire chain of 7-Eleven stores. It is estimated that up to 50 current 7-Eleven franchises will be terminate...
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mherman@franchise-law.com
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