Are you in the process of becoming a franchisee and trying to make sense of the franchise agreement? The franchise agreement is the legally binding contract between the franchisor and franchisee, and ...
We, Megan Center and Alex Radus, recently gave a presentation at the International Franchise Expo in New York City on the “Top Ten Provisions to ‘Never’ Negotiate in a Franchise Agreement” and want to ...
Franchises are business structures in which an investor buys the right to use an operational model. Advantages are being able to join an established business with a small investment, and receiving ...
Thousands of Americans have the desire to start their own businesses, but most of them lack the capital and support structure needed to launch a new venture. Two options available to self-starters are ...
There is a widespread assumption that brand franchise agreements are not negotiable. This assumption is so prevalent that many real estate investors will devote substantial effort to negotiating the ...
Q I have found an opportunity I feel is right for me. My lawyer has reviewed the franchisor's contracts and found several areas the lawyer feels are important to have changed before I sign a contract.
Opinions expressed by Entrepreneur contributors are their own. In addition, a copy of the franchise agreement and an explanation of its more pertinent provisions are also required. Related: The Pros ...
System uniformity is inherent in franchising—or at least it should be if the franchisor sets clear brand standards and ensures franchisees uphold them. It doesn’t mean, however, that the franchise ...
Legislatures are not pleased. Franchisors are accused of overreaching with employment restrictions. New governmental intervention into the franchise relationship requires companies to perform high ...
Waiting for the "right" time to start a franchise often delays action, when success depends more on preparation and execution ...
Franchise contracts often prohibit a franchisee from hiring away employees of another franchisee without its consent. Those provisions are called no poach agreements and are designed to keep one ...
Franchises suing each other is unsurprising given the competitive nature of the U.S. franchising market. While a lawsuit is completely possible, there are several layers to it, which may create some ...
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