Franchising

Articles in Franchising

By welch 3 comments
How to Establish a Strong Tax Lien Investing Portfolio.. more »
By eHow Business Editor 0 comments
The purpose of a Franchise Advisory Council is to maintain the lines of communication between the franchisees and the franchisor. In addition to ensuring that the interests of all parties are preserved, council meetings provide an open forum for ... more »
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A franchise is a type of business that is based on the use of a successful company's trade name in exchange for a fee. In addition to the Federal Trade Commission's laws governing the sale of a franchise, California has its own strict pre-sale ... more »
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Franchisors may have the right to terminate their franchise agreements if franchisees aren't meeting expectations. From failing to meet the sales quota to offering poor quality products or services, many franchisees lose their businesses each ... more »
By eHow Legal Editor 0 comments
An earnings claims statement is a document given to prospective franchisees that outlines the financial history and future predictions of the franchise's profits, sales and expenses. This information can be included in the UFOC and disseminated ... more »
By eHow Legal Editor 1 comments
The first step to running a franchise business in New York should be to learn about the state's specific franchise laws. Luckily, New York state makes franchise law information readily available online... more »
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As a franchisor, your job is to create successful relationships with investors who will sell your products and services and pay you royalties based on their sales. To create the best unions between franchisor and franchisee, it's important that ... more »
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A franchisor is an individual or company that enters into contractual agreements and allows others to adopt a business model and sell trademarked products or services. In return, the franchisee must pay royalty fees and help contribute to the ... more »
By eHow Legal Editor 0 comments
While your U.S. state of residence may have laws specific to franchising (15 states require franchisors to provide Uniform Franchise Offering Circular documents prior to the Franchise Agreement), England does not have a specific franchise law. ... more »
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A franchise agreement is a legally-binding contract that outlines all aspects of the franchisor-franchisee relationship. From the specific role of each party to royalties and training programs, these agreements aim to ensure that each party knows ... more »
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Opening a franchise in connection with a company based in another country such as Canada brings into play franchise laws of the U.S. federal government, the Canadian government and (if applicable) the U.S. state in which your franchise is ... more »
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Franchises are the offspring of pre-existing businesses. While you own the franchise business, you license the use of the existing company's legal intellectual property. Each state has enacted its own laws governing such business ventures, which ... more »
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In the state of Florida, a franchise is defined as a commercial venture involving two or more parties in which one (the franchiser) supplies the other (the franchisee) with a pre-existing business system in exchange for a fee. In order for a ... more »
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Franchisees must follow both federal and state specific laws for the state in which they operate. Franchise contracts may also subject franchisees to the law of another state in the event of a contract dispute. For this reason, it is important to ... more »
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Understanding the state specific franchise law of Maryland is vital if you wish to operate a franchise in the state. Franchises are subject to both federal laws and the laws of the state in which they operate. Additionally, your franchise ... more »
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Michigan considers a franchise any agreement under which one company is regulated by and licensed to use the trademarks of another company. Therefore, the specific franchise laws of Michigan will apply even to non-corporate business. The Michigan ... more »
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When considering purchasing a franchise in North Carolina, it is important to understand the state's specific franchise laws. While there are many sources available to find such state laws, it is best to obtain such information directly from the ... more »
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A small business owner can reap very large financial rewards by franchising a business in the United States. Motivations to franchise include a higher return on investment, a reduced risk and higher capital retention, but the benefits don't come ... more »
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If you are a successful franchise owner who has watched your business grow from a local to a nationwide success, you may be thinking about taking your company global. Many franchisors have developed their businesses internationally, but if you ... more »
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The franchise attorney plays a key role in helping the business person who purchases a franchise deal with the franchisor. From the negotiation of the franchise purchase right through to the day to day business dealings between the parties, ... more »
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As a franchisee, there is always the chance that your franchise could collapse due to bankruptcy. If this happens, though, your business doesn't have to collapse too. By taking the appropriate steps and making sure that you understand your legal ... more »
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The average length of a franchise contract is 10 years. During this period, a franchisee may decide to sell the franchise, so it's important to know your legal rights and contractual obligations before you enter the agreement. By understanding ... more »
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In addition to the franchise laws set in place by the Federal Trade Commission, which require franchisors to submit a Uniform Franchise Offering Circular to each potential buyer, many states have their own regulations that must be followed. In ... more »