“My family and I run a very successful pub business in a Midwestern college town. We have a huge following, and a unique and distinctive railroad-themed image. A number of people have approached us wanting to license our business concept. I’ve done some reading and it seems to do this we will have to be regulated […]
Buying a franchise is exactly halfway between owning your own business and working for someone else. When you buy a franchise, you are responsible for profits and losses at your franchise outlet, hire and fire employees, and do all the stuff that goes with running your own business. But in a franchise you are executing […]
“I am a small business attorney, and am helping a local entrepreneur buy into a franchise. I have reviewed the franchise documents he has been asked to sign, and I admit I’m a bit troubled. The franchise was formed only weeks ago, and its Franchise Disclosure Document (FDD) was approved by the Federal Trade Commission […]