
Franchise Business Law Group Blog
16 FOLLOWERS
The Franchise & Business Law Group, LLC was founded on the principles of dedication, expertise and providing client-focused and superior legal services. Because we have taken the time to concentrate our practice on franchise law and business law, our clients benefit from a wealth of focused experience, training and practical knowledge that is tailored to each client's needs.
Franchise Business Law Group Blog
3w ago
As a franchise lawyer in Kansas City, I understand the intricacies and challenges that entrepreneurs face when entering the world of franchising.
In this blog post, we will delve into comprehensive legal services available for franchises in Kansas City, including entity selection and formation guidance, commercial lease review expertise, and drafting and reviewing business contracts. We will also discuss deciding on franchising as a growth strategy by exploring different strategies available while ensuring compliance with local regulations.
Furthermore, navigating international transacti ..read more
Franchise Business Law Group Blog
3M ago
Are you aiming to increase your enterprise by franchising? If so, then gaining insight into the legal intricacies of this expansion is paramount. Working with a professional franchise business law group can be invaluable in helping you navigate the many issues that arise during expansion. Franchising lawyers specialize in understanding and interpreting relevant laws, providing advice on contracts and other documents, as well as ensuring compliance throughout all stages of growth. Read on for more information about how to choose the right franchise lawyer for your needs and what benefits they o ..read more
Franchise Business Law Group Blog
3M ago
If you’re an entrepreneur looking to start or expand your business, having a franchise attorney on your side can be invaluable. At the Franchise Business Law Group, our attorneys have comprehensive knowledge of franchising and provide bespoke legal services to help clients reach their objectives. Our attorneys have extensive experience in franchising and provide superior legal services tailored specifically for each client’s unique situation. From answering common questions about working with a franchise attorney to understanding the advantages of our firm, let us show you how we can help make ..read more
Franchise Business Law Group Blog
1y ago
Carefully Evaluate Promise of Earnings
The main appeal of operating a franchise for most people is the promise of earnings that comes with being a part of an established brand. Prospective franchisees will be eager to see the promise of earnings or other representations about a franchise’s finances. However, having a careful approach when evaluating earning promises can help you maintain a realistic perspective about the investment potential of a franchise opportunity.
Clarify Assumptions or Gaps in Data Used in Promise of Earnings
Item 19 of an FDD is where a franchisor may include any ..read more
Franchise Business Law Group Blog
1y ago
Carefully Evaluate Promise of Earnings
The main appeal of operating a franchise for most people is the promise of earnings that comes with being a part of an established brand. Prospective franchisees will be eager to see the promise of earnings or other representations about a franchise’s finances. However, having a careful approach when evaluating earning promises can help you maintain a realistic perspective about the investment potential of a franchise opportunity.
Clarify Assumptions or Gaps in Data Used in Promise of Earnings
Item 19 of an FDD is where a franchisor may include any ..read more
Franchise Business Law Group Blog
1y ago
Common Franchise Red Flags
Investing in an established franchise can be a rewarding experience that provides you with a long-term source of income for years and even decades. However, joining a franchise is still an investment that carries risks. Those risks can come in the standard course of business or through the misconduct of potentially bad actors who abuse the franchise system at the expense of unsuspecting investors. Regardless of a franchisor’s intent, being mindful of possible common franchise red flags can help you objectively evaluate a franchise opportunity and avoid bad partnershi ..read more
Franchise Business Law Group Blog
1y ago
Common Franchise Red Flags
Investing in an established franchise can be a rewarding experience that provides you with a long-term source of income for years and even decades. However, joining a franchise is still an investment that carries risks. Those risks can come in the standard course of business or through the misconduct of potentially bad actors who abuse the franchise system at the expense of unsuspecting investors. Regardless of a franchisor’s intent, being mindful of possible common franchise red flags can help you objectively evaluate a franchise opportunity and avoid bad partnershi ..read more
Franchise Business Law Group Blog
1y ago
The Difference Between an FDD and a Franchise Agreement
Two essential legal documents for a budding franchise are its Franchise Disclosure Document (FDD) and its franchise agreement. While they may have overlapping goals when it comes to establishing a successful franchisee and franchisor relationship, each serves a distinct purpose. Understanding the difference between an FDD and a Franchise Agreement can help franchisors and franchisees alike.
A Brief Explanation of FDDs and Franchise Agreements
Under the Franchise Rule, a franchisor must provide prospective franchisees with a disclosu ..read more
Franchise Business Law Group Blog
1y ago
The Difference Between an FDD and a Franchise Agreement
Two essential legal documents for a budding franchise are its Franchise Disclosure Document (FDD) and its franchise agreement. While they may have overlapping goals when it comes to establishing a successful franchisee and franchisor relationship, each serves a distinct purpose. Understanding the difference between an FDD and a Franchise Agreement can help franchisors and franchisees alike.
A Brief Explanation of FDDs and Franchise Agreements
Under the Franchise Rule, a franchisor must provide prospective franchisees with a disclosu ..read more
Franchise Business Law Group Blog
1y ago
Choosing the Right Business Entity as a Franchise
One of the most important decisions for a franchise – whether as a franchisor or franchisee – is choosing a business entity type. Your business entity selection will depend on several personal, financial and business-related factors specific to your franchise.
Here, you’ll learn what is necessary to know when finding your right business entity as a franchise, including the different business entities, their character traits and how those traits might counter or work towards the needs of a franchise.
What Are the Different Types of Business Enti ..read more