A great number of franchisors call Atlanta their home. So many leading franchised brands are here that Ben Lawrence, a professor at Georgia State University’s Robinson College of Business, believes Atlanta should be a global hub for franchising. Here is our unofficial, non-quite-complete list of franchisors based in the Atlanta area. Nearly 100 franchised brands […]
The Not-Quite-Complete List of Atlanta Franchisors Read More »
Our client DonutNV is making some hot and fresh innovations to the donut industry. Read about their story below: Overview: DonutNV is a unique, interactive made-to-order mobile donut experience. We make hot and fresh mini donuts onsite at special events where guests can watch their donuts being made while sipping some fresh squeezed lemonade
Client Spotlight: DonutNV Read More »
How Much Money Do I Need To Franchise My Business? As a franchise attorney who often advises business owners that are thinking about franchising their business, I am often asked “How much money do I need to franchise my business?” or “What does it cost to franchise my business?” The conversation
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If you are a franchisor, you must update your Franchise Disclosure Document every year in order to keep selling franchises. The FDD update can be a chaotic, complicated and time-consuming process if you don’t manage it properly. Here are six tips for your FDD update: 1. Know Your Deadlines. Under the Franchise Rule of the Federal
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Buying an existing franchised business involves two separate but overlapping legal transactions: buying an existing business operation from the current owner, and buying franchise rights from a franchisor. The overlap of these two transactions create several legal issues for the buyer and the seller: 1. Franchisor’s Approval and Transfer Process. In nearly all franchise systems,
Seven Unique Legal Issues When Buying An Existing Franchise Read More »
When a restaurant or retail tenant is also a franchisee, there are specific challenges in negotiating the lease. The tenant/franchisee needs to carefully review and negotiate the lease agreement to ensure that its lease meets all of the franchisor’s requirements, and that its lease obligations do not conflict with its franchise obligations. The landlord may
Negotiating the Franchise Lease Read More »
Successful entrepreneurs make taking care of customers their number one priority. Happy customers become regular customers, and they tell others about their positive experience. Unhappy customers don’t come back, and spread the word far and wide with their negative reviews. In a franchised brand, the franchisee occupies a layer between the franchisor / brand owner
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When franchisors have attractive financial performance metrics, they want to share the good news with prospective franchisees. Most franchisors know that they can provide financial performance data to prospective franchisees only if the data is contained in Item 19 of the franchisor’s Franchise Disclosure Document. What some franchisors don’t realize is that there are additional
Disclaimers in Franchise Advertising – The Fine Print Requirements Read More »