I was recently interviewed on the Texas Standard Radio program concerning the termination of 37 franchise restaurants owned by a single franchisee because of a rat infestation at one of its South Texas Burger King restaurants. Following is the report was done by Texas Standard reporter Sol Chase: In February, video of a rat infestation at a South Texas […]
Saying It’s Not A Franchise Doesn’t Change Things
Whether buying or selling, there are two schools of thought: 1. Being a franchise is good; or 2. Being a franchise is bad. Why good? It has become a more understood method of expansion. It is true, you can grow a business using other people’s money. You can buy a “proven” concept with support and […]
Can They Really Do That? Expectations Meet Franchising Realities
Following was originally posted on the Dallas Bar Association site. by Kat Tidd A franchise is not a magic word, it is a legal definition: license a trademark or permit substantial association with the trademark or trade name; accept payment of consideration; and provide significant assistance, control or other forms of ongoing support or a […]
Franchises: Keep It Simple
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 […]
So You Think You Want to be a Franchisor?
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 […]
