Franchising can be an attractive way to own a company. it offers a proven system with a track record of results already established. Here are some crucial tips to consider when owning a franchise. Many would-be franchisees see this system as a way to simply insert themselves into a proven business and begin cashing in […]
Whether you’re a long-time franchise owner thinking of leaving the business or just beginning to consider buying a franchise, before you move forward, you should analyze the terms of your ability to exit a franchise with an experienced business advisor. Plan to Exit Some franchise owners want to pursue other interests, retire, travel, or start […]
A Georgia federal court recently ruled that a person who didn’t sign a franchise agreement would still be held to that contract. Pursuant to the terms of the franchise agreement, Swati Enterprises wasn’t permitted to sell or transfer the franchise agreement without Global’s written knowledge and consent. Nevertheless, just two months after the franchise agreement […]
The Department of Labor has withdrawn Administrator’s Interpretation 2016-1, which is its previous informal guidance on joint employment under the Fair Labor Standards Act (“FLSA”) and brings Changes to Joint Employer Liability. In addition, the National Labor Relations Board has retreated from the broad joint employer standard set in the 2015 Browning-Ferris Industries of California, Inc. […]
The SBA has issued Standard Operating Procedure 50 10 5(J), which became effective January 1st. This rule stipulates that franchisors who want to assist their franchisees qualify for loans backed by the SBA must be listed on the SBA’s new “Franchise Directory.” The change means that lenders and CDCs will no longer need to review […]
The registered trademark symbol (®) is a symbol that gives the public notice that the preceding word or symbol is a trademark or service mark that’s been registered with the U.S. Patent and Trademark Office. Today we explain just what you need to know about trademarks as a franchisor. A trademark is a symbol, word, […]
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Carmichael, CA, 95608-5788
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Buying or selling a business is a complex process – and you shouldn’t go through it alone. You need an experienced business broker to guide you through the process.
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