Do You Know Who You Are Dealing With?

by Kat Tidd on June 24, 2010

Lately some franchise and business opportunities seem to be more like a lot of the mystery business web sites on the Internet. Can you tell who you are dealing with? Let’s start with the company. Where is it located? State and city? Can you even tell what country? Is it a corporation or an LLC?… Continue reading

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Franchises: Keep It Simple

by Kat Tidd on June 17, 2010

 

            We in the legal profession are often unjustly accused of being “deal killers” and of making things too complicated .  The real problem  frequently turns out to be the “fly by the seat of the pants” entrepreneur or business person who acts and reacts before thinking.   Then they call the lawyer!

            In franchising, however, I believe we do over-complicate matters, particularly on the transactional and operations side. … Continue reading

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iPad: For the Franchise Attorney

May 6, 2010

My iPad 3G has landed on U.S.soil.  It’s in Anchorage Alaska…Hope they move it out before it freezes the circuits.  Really wish I could say made in the USA. 

Oh, well,  franchising and franchise law is now an international form of business, so I guess the tools can be too.

Wonder where the iPad will touch down next?… Continue reading

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iPad: Essential for Franchise Law?

May 6, 2010

iPad I have never been much of a first adapter when it comes to technology…except cameras, but after careful consideration I decided that an iPad was an essential piece of equipment for a mobile franchise attorney—and cost effective too, of course. 

I am still not… Continue reading

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So You Think You Want to be a Franchisor?

April 20, 2010

Feel the need to franchise your business?

FAQs answered.

I come from the Keep It Simple school of franchise law, and prefer to make franchising as uncomplicated as possible.  But it is still not something you should just jump into because you think franchising is a fast way to grow or a great way to easy money.   Simple doesn’t mean easy or cheap. Doing things right… Continue reading

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Pitfalls of Social Media and Franchise Opportunities on the Net

February 10, 2010

             iStock_000006387025XSmallI counsel prospective buyers frequently about how to evaluate franchise opportunities.  One of the traps they fall into when buying a franchise is just falling in love with the business and wanting one badly.  If it is a newer and/or smaller franchise system, or one… Continue reading

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What Is “The Best Franchise” to Buy?

January 20, 2010

What Is “The Best Franchise” to Buy?

Everyone wants to know the best franchise to buy, but it is really a meaningless question.  There is no such thing as best franchise or even worst franchise. The “question” covers a lot of ground.  The purpose of owning a franchise is to own a profitable business.  So what franchises are profitable? Some of them, sometimes.  As in certain to make money? None… Continue reading

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Key Questions To Ask Every Franchisee in the System Before You Buy In:

June 5, 2009

When you think about buying a franchise, you need to investigate the franchise carefully.  One of the most important things you should do is talk to other franchisees.  Listed below is a list of questions to get your evaluation of the franchise or business opportunity started:

1.         How long have you been operating this business?

2.         Did the cost of your start-up fit within the initial investment numbers set out… Continue reading

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WHAT’S IN A NAME? The Heart of a Franchise System

May 27, 2009

By Kat Tidd

Developing An Identity

Choosing the right name for a business is a challenge under any circumstances. Does it convey the right message? Is suitable for the nature of the business? Is there anything similar being used? Is it available for use? What kind of exclusive protection can be obtained to keep anyone else from using the name?

Different kinds and degrees of exclusivity can… Continue reading

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