Category Archives: Franchises and Franchising
The Florida Franchise Misrepresentation Act
The Florida Franchise Misrepresentation Act was enacted in 1971 as a criminal statute, and addressed some longstanding issues in the area of business law. Since then, the act has been amended to create a private right of action when someone selling or establishing a franchise makes certain misrepresentations to the franchisee. Thus, the act… Read More »
The Importance of Franchise Agreements
A franchise is an arrangement in which the a franchisor grants the rights to its franchise to the franchisee, who sells products or services in accordance with the franchisor’s specifications. Franchises are common in fast food restaurants, convenience stores, hotels, gas stations, etc. What Is a Franchise? The definition of a franchise in Florida… Read More »
Legal Issues Arise for Franchise Owners with Employee Contracts
One of the benefits of owning a business franchise is the sense of entrepreneurship in operating your own enterprise while still having a ready-made support system from the franchisor’s corporate office. Company headquarters typically provides franchisees with a whole business plan for operating the venture in line with the company’s national standards as part… Read More »
Watch for Non-Compete Provisions of Franchise Agreements
Think back to the first job you ever held. Whether you were flipping burgers at McDonald’s or busing tables at Red Lobster, you probably learned a number of life lessons in the process, gained some insight into how successful businesses are run, and perhaps developed specific skills that could be applied to a future… Read More »
The Ups and Downs of Franchise Ownership
Owning and operating your own business is a dream for many Americans. After years of taking orders from someone else, they’re ready to strike out on their own and become their own boss. But as you can imagine, there’s a myriad of legal considerations that come into play. Opening a new business carries considerable… Read More »