by Kevin Kilcommons | Feb 20, 2024 | Business, Franchise
As you are negotiating with the Franchisor over your franchise unit’s Territory (and before you sign the Franchise Agreement), you need to start the search for the right location if a stand alone site is required. Whether to lease or purchase the real estate where...
by Kevin Kilcommons | Jan 20, 2024 | Business, Franchise
Entering a franchise arrangement can be an exciting venture, offering a blend of entrepreneurial independence and the support of an established brand. However, circumstances change, and there might come a time when you need to exit your franchise agreement....
by Kevin Kilcommons | Nov 20, 2023 | Business, Franchise
Franchise Longevity: Assessing the Potential for Enduring Success in Franchising In the dynamic landscape of franchising, potential investors and entrepreneurs must perform due diligence to gauge whether a franchise opportunity has the hallmarks of...
by Kevin Kilcommons | Oct 9, 2023 | Business, Franchise, Tips for Small Businesses
WHAT IS THE JOINT-EMPLOYER RULE? Joint-employer rule refers to the criteria established by the National Labor Relations Board (NLRB) to determine when two or more entities, like a direct employer and a labor temp agency, share responsibility for the terms and...
by Kevin Kilcommons | Sep 9, 2023 | Business, Franchise, Tips for Small Businesses
Franchisees must understand their contractual obligations to build and maintain a successful business. Franchisor responsibilities are to be clear in their franchise documents about the franchisees’ obligations; further, the franchisor must be consistent in its...
by Kevin Kilcommons | Jul 9, 2023 | Business, Franchise
Are you considering entering into a franchise agreement but need clarification on franchise disclosure documents (FDDs)? Look no further! This guide will break down the key components of FDDs, including: The franchisee’s obligations Financial representations...