Open communication between the franchisor and the franchisee is essential to setting a franchise up for success. After signing franchise agreements, you must overcome business challenges together. Fulfilling your respective responsibilities is crucial in facing market...
Business And Intellectual Property Legal Issues
Franchising
What details should a franchise disclosure document contain?
In the world of franchising, the franchise disclosure document (FDD) can be a beacon of transparency and information. Yet, it can also be a daunting and confusing document. Whether you are a seasoned franchisor or a first-time franchisee, how can understanding the FDD...
What are some red flags to watch for when investing in a franchise?
For Florida residents who want to start their own business, a franchise might look like an effective shortcut. There is much to like about becoming a franchisee. It has an established identity, there is support from a corporation and it eliminates many hoops people...
What is a franchise?
Starting a business can be complicated, which is why many Floridians consider buying a franchise. After all, purchasing a franchise can overcome many of the barriers to starting a successful business, like marketing, branding, training and of course, access to an...
Changes might be in store with franchising
For Florida residents who are thinking about starting a business of their own, franchising is a useful way to do so while avoiding the complexities of beginning from the ground up. The benefits of opening a franchise of an already known and successful business is that...
What should I look for when purchasing a franchise?
Whether they are a first-time business owner or an experienced franchisee, what an investor in the Tampa area should look for in a franchise depends a lot on the investor’s circumstances. The investor will need to be aware of their own management strengths and...
Things to consider before purchasing a franchise
Deciding to purchase a franchise in Florida is a major decision. Once you have committed to it, these steps can help you purchase the franchise that is right for you. A franchise gives you a great opportunity to run a business that already has customers, structure and...
What are misrepresentations under Florida franchise law?
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...
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...