Category Archives: Franchise Law

Financial Performance Representation AKA Item 19

Item 19 is an item on a Franchise Disclosure Document known as a “Financial Performance Representation.”

Dissolving a Delaware Corporation

Corporations lean on Delaware’s favorable business laws when it is time to incorporate their business. However, what happens when you want to dissolve your Delaware corporation?

What Are the Most Famous Franchises?

When you think of popular franchises you most likely think of fast food restaurants. Some of the most profitable and longest standing franchises in the United States are fast food restaurants such as McDonalds, Burger King, Wendy’s, Taco Bell and KFC.

What is the Difference Between Franchise Agreements and Franchise Disclosure Documents?

Joining the world of franchising can be a little overwhelming at first. First, you should know the difference between the Franchise Agreement (“FA”) and the Franchise Disclosure Documents (“FDD”).

What is an Accidental Franchise?

Failure to follow the formalities required under state law and by the FTC might unintentionally create a franchise agreement.

So You Want to SELL a Franchise?

While the sales process time consuming and varies significantly from franchise to franchise, you should generally consider the following steps when selling your franchise.

So You Want to BUY a Franchise?

Buying a franchise offers are variety of benefits, such as instant name recognition and a customer pool that is already familiar with and attracted to your products or services.

So You Want to START a Franchise?

If you own a successful business that is unique to you and are interested in expanding, franchising could be a great way to do just that.

The Importance of a Well Drafted Franchise Agreement

In Florida, there isn’t a specific statute that governs how a Franchise Agreement must be drafted. As a result, many unlawful acts and practices prompted the Florida Legislature in 1971 to enact The Florida Franchise Misrepresentation Act. However, The Act only offers limited legal recourse for victims of fraud and misrepresentation. This blog article identifies…   + Read More…