How to determine whether a franchise investment makes financial sense
What is a reasonable rate of return on investment in a franchise opportunity? Though the question seems simple, it is still...
Refranchising: Should You Buy In?
Lately, more and more franchise companies are converting a significant number of their company-owned units by selling them to franchisees. This...
Drafting an effective franchise agreement – Part 3
Term and renewal
The term of the franchise agreement and renewal rights directly affect the value of the franchise. The term of most franchise agreements...
Drafting an effective franchise agreement – Part 2
Scope of the Grant
The extent of the franchisee's interest is defined in large part by the scope of the grant with respect to the...
Drafting an effective franchise agreement
A franchise is a creature of contract; it is defined by the franchise agreement. The extent of the franchisee's "ownership" interest in the franchise...
The Fundamental Aspects of the Franchise Agreement: Part 9
Termination
The franchise agreement may simply expire at the end of the initial term or, if applicable, at...
The Fundamental Aspects of the Franchise Agreement: Part 8
If you're interested in starting a franchise, you have a lot of company. FranData reported that a record 500-plus new...
The fundamental aspects of the franchise agreement
Initial and Ongoing Franchise Fees
There are several different types of payments generally owing under a typical franchise...
The fundamental aspects of the franchise agreement
Territory
As noted above, the grant of the right to carry on the franchised
business is usually limited to...
Interested in Franchising Your Business?
Consider The Following Issues
Franchising is a very popular way to expand one’s business these days. A...