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This article presents a recap of the 2012 International Franchise Expo in the Javitz Center in New York City. The article details the basic information about the expo and shares a list of the dozens of franchisors who ended up participating in...
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This article explains the process behind registering your franchise disclosure document in the state of Texas. The article points to a specific quirk in Texas law which could catch franchisors unaware and details how to comply with Texas's...
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Although some health care franchises have been making progress towards starting a successful business, the recipe for franchise success in this area has consistently proven elusive. This article attempts to set a base for that recipe by...
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This article reviews the case of a facial spa and massage franchise which has recently been rapidly expanding in New Jersey and Pennsylvania. The article details the magnitude of the franchise's planned expansion and explains that it...
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Franchisors can sell franchises to either new or existing franchisees; this article looks at recent expansion by the burger chain Smashburger in New Jersey and sees the value of expansion by selling franchises to existing franchisees. The...
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This article points out that default rates on SBA loans by franchises of the type you are considering buying can provide some insight about the riskiness of your investment. The article applies this insight to various elderly home care...
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When purchasing a franchise opportunity, it helps to understand the growth prospects of the franchise into which you will be buying. That's where this article tries to help; the article shares an MSNBC report's predictions for the fastest...
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This article notes an important point for both franchisors and franchisees--what you are selling (or buying) in a franchise system is not just a current suite of products, programs and services but also potential improvements to that suite which...
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This article notes that a common negotiating ploy used by franchisors when speaking with prospective franchisees is to present certain aspects of the process as non-negotiable is often nothing more than a tactic. Thus, even if a franchisor...
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Franchise development companies help companies build a franchise system around their business concept. Many franchise lawyers fulfill a similar function. This article examines the seeming conflict between the two types of advisors and...
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This article draws on recent experiences helping clients put together both purchases and sales of gas stations in the New York City area to recommend two important pieces of due diligence in determining whether such a gas station represents a good...
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This article highlights a handful of relatively unrelated but nonetheless important questions for every would-be franchisor to consider prior to starting their franchise system. The questions considered involve specifications for proprietary...
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Much like starting a business or buying a franchise, choosing to become a franchisor is a decision which should be made only after painstaking research and consideration of the costs and benefits. This article provides some guidance as to how...
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What is the right salon, barbershop, or other hair-related franchise for you? This article shares the top five hair care franchises, as ranked by The Entrepreneur magazine, and also details the startup costs associated with each...
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Do you want to buy a franchise without making a large up-front investment? This article provides a list of nine franchises which a prospective franchisee can purchase for less than $100,000 (the article details the costs of purchasing each...
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This article calls attention to the recent spike in popularity of home health care franchises, and notes that in light of this country's changing demographics, the demand for the services provided by outlets of these franchises is likely to...
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This article highlights some of the steps a would-be franchisee should undertake before becoming a part of a fitness franchise system. It also shares five fitness franchises which have low failure rates, as well as estimates of the startup...
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This article reviews a bill recently proposed by a Massachusetts state senator which aims to make it more difficult for a franchisor to terminate a franchisee in that state (alternatively, the bill can be thought of as protecting a franchisee against...
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A growing franchise in the business of physical fitness, Farrell’s eXtreme Bodyshaping, recently expanded into its ninth state (Indiana). This article provides information about the franchise's recent expansion, and explains the types of...
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This article reviews a survey from a prominent business publication detailing the top 10 "franchises for the buck[;]" in other words, if you, as a would-be franchisee, were to select a franchisor based on its historical return, which ten franchises...
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This article reviews the case of a Florida-based burger restaurant which has recently decided to franchise its business concept. The business, Burger 21, like other franchisees, has a unique name and value proposition; this article shares both,...
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Partnership disputes are often very bad news for the partners' business. They also involve a significant variety and amount of leverage-type tactics. This article reviews one such tactic: taking control of critical assets...
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Although each state has its own laws governing disputes between business partners, certain tactics are effective in a number of states (if not all of them). This article reviews the substantial benefits of one of these tactics in disputes under...
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Business partnerships, unlike marriages (or, possibly, like marriages), are not "'til death do us part." Disputes often arise between business partners. This article outlines a "proven course of action" for use when such partnership...
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Successful franchises, like successful businesses, have to constantly innovate and improve their offerings and systems. This article provides a case study for this point, as the franchisor of a Houston-based franchised pizza chain points to...
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The most recent recession has seen unemployment reach recent historical highs, and long-term, persistent unemployment has become a major economic issue. This article highlights a trend which has gained steam in light of this problem--replacing...
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A shareholder agreement (or, as applicable, an operating agreement) governs the ongoing business relationship between the shareholders or partners of a business. It also specifies the parties' rights should a shareholder or partner dispute...
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America has been undergoing something of a fitness craze lately, which has made gyms and other businesses catering to this newly-exercise-conscious popular franchise options. This article reviews Small Business Administration loan default rates...
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This article analyzes protections available to service station operators in New Jersey under the New Jersey Franchise Practices Act. The article explains that operators faced with termination of their franchise rights are legally entitled to...
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When many business owners think of product labeling, they think of it in terms of sales--how can they package a product to best encourage people to buy it? However, there is a legal component of product labeling, too, which involves things like...
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Extensive discovery is part of what makes the American civil litigation system unique; however, because discovery is so daunting, businesses are often tempted to give it short shrift. This article points out why underemphasizing discovery is a...
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This article draws lessons from two attempted purchases of car wash businesses (one successful and one failed) to highlight some important considerations for anyone thinking about purchasing a car wash. The article also draws another important...
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Many small businesses and other closely held corporations (corporations with a small number of shareholders or members) eventually suffer from disagreements between their owners. Often, these disagreements result in the majority side attempting...
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What is licensing, and how does it differ from franchising? Those are the questions which this article attempts to answer. The short answer is that licensing is a component of franchising. The bigger, more detailed answer, is that...
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Quizno's has been having issues with its franchises failing recently. As a result, the franchisor recently approved the formation of the Quizno's Franchisee Association. This article highlights the motives of the formation of the Quizno's...