J. Michael Dady Discusses The Legal Side of Franchising With Minnesota Business Magazine
Dady & Gardner founder J. Michael Dady recently sat down with Minnesota Business Magazine to discuss the fine art of fine print in franchise law.
“Buying a franchise is way less complicated than starting your own business from scratch, right? You just find a successful concept, slap your signature on a boilerplate contract and start printing money.
Well…no. That’s not how it works.
Franchises fail less frequently than novel concepts, so they’re “safer” in that sense. That doesn’t mean they’re easy to run or manage. Legally speaking, buying and operating a franchise is more complex — and fraught with greater peril — than pursuing an original idea.”