Businesses looking to expand to Florida or who already have a foothold in Florida and want to increase their presence may consider franchising. People who want to start a business but do not want to do it from the ground floor may also think about the benefits of...
Franchising
Understanding the Florida Franchise Misrepresentation Act
The Florida Franchise Misrepresentation Act is a legislative statute that provides protection to any person who invests in a franchise within the state of Florida. It is in place to hold a franchisor accountable for misrepresentations made to a franchisee. Though it...
Thinking about purchasing a franchise?
If you’ve always dreamed of owning your own business, but aren’t sure where to start, you may consider purchasing a franchise instead. Franchises are common in Florida and nationwide. A franchise involves buying into an already-existing business, rather than starting...
Trademarks and franchises
As readers of this legal blog know, we often talk about franchises and trademarks, but seldom do we talk about them together. However, trademarks are inextricably connected to the franchisor-franchisee relationship. Indeed, Florida commercial business arrangements...
Burger chain sued for false franchising promises
Franchising can be an effective way to get a business off the ground that already has a build-in market and efficient procedures. In other words, successful franchising can be a quick way to give you some ownership and income opportunities. However, not all...
Required payments for franchising
In Florida and across the United States, many people set a goal of starting a business. Often, this is perceived as creating a product or service and building from the ground up. However, there are other options to be a business owner through franchising. Regardless...
What are the different forms of franchising?
People in the Tampa area earn income in different ways, but typically they either work for a company as an employee or they work for themselves as a business owner or independent contractor. However, there is another option which combines the two and allows people to...
How do I know if franchising is right for me?
Many people in Florida want to become entrepreneurs and in today’s economy that can be a great thing. However, there are many ways to start a business. Some people choose to start their own business from the ground up, some choose to purchase an existing business and...
When a franchise is not a right fit
A franchise can be an excellent business opportunity, if handled correctly and the franchise candidate can bolster the brand. But effective franchising, like other relationships, requires that the franchisor and franchisee are a good match. Be selective The wrong...
Franchise ownership has pluses and minuses
Many entrepreneurs decide to own a franchise because they believe that it is a pathway to success. But like other business decisions, franchising has advantages and disadvantages that must be considered in seeking and granting a franchise Franchise defined A franchise...