General
For both (a) franchisees deciding on the right franchise investment; and (b) franchisors establishing a solid franchise system, the right mindset is critical. That is, it is critical that your understanding of franchise opportunities and franchise systems…
Read More February 22, 2016This afternoon in consulting with a client who had recently signed a franchise agreement involving a substantial commitment of capital, I was reminded about the importance of maintaining realistic expectations when buying a franchise. When discussing his…
Read More February 8, 2016Can you expand your business in the State of New Jersey through a license agreement without triggering New Jersey’s franchise relationship laws? (This is not a simple question and, unfortunately, the answer involves an evaluation of both…
Read More December 28, 2015Recently I received some interesting and insightful comments from an individual commenting on issues involving franchisee rights. Her main point of contention appears to be the disparity of bargaining power and legal rights between franchisors and franchisees.…
Read More December 21, 2015A newly-started franchise begins with an “edge” that a newly-started standalone business doesn’t. And we don’t mean a well-known brand name, product, or service. The “edge” is the clear and focused guidelines that guide the operation of the business…
Read More November 17, 2015The typical franchise agreement is representative of the disproportionate bargaining power between the franchisor and franchisee. That is, franchise agreements favor franchisors. One such favorable clause contained in franchise and license agreements relates to liquidated damages.
Read More November 16, 2015