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Some people think that opening a new franchise is an easy task because the franchisee can benefit from the knowledge of the franchisor. The fact is that opening a new franchise takes just as much work as opening any other business. There are several things that you...
Buying into a franchise is an excellent way to become a business owner. Franchises help entrepreneurs with investment capital tap into demand for a specific brand’s goods or services. They can bring a popular company to a local audience. Once people are aware of the...
At its core, franchising involves the use of trademarks, trade secrets, and other forms of Intellectual property (IP). Franchisees are investing in a brand’s awareness, which often derives from name recognition, logos, slogans, and other trademarked items. Investors...
On December 27, 2024, the U.S. Court of Appeals for the Fifth Circuit vacated the stay on a nationwide preliminary injunction in the ongoing Corporate Transparency Act (CTA) litigation. This decision effectively reinstates the injunction, thereby halting the...
On December 23, 2024, the U.S. Court of Appeals for the Fifth Circuit reinstated the Corporate Transparency Act (CTA) compliance requirements by granting an emergency stay of a nationwide preliminary injunction. The injunction, issued earlier in December by the U.S....
Many decisions must be made when you decide that a franchise is the best option to start your own business. One of these is how you’re going to pay for the franchise. It’s a good idea to have this determined as early as possible in the process. While some franchises...
On December 3, 2024, U.S. District Judge Amos Mazzant in Texas issued a nationwide injunction halting the enforcement of the Corporate Transparency Act (CTA). Prior to the injunction, the Corporate Transparency Act (CTA) would have required most U.S. corporations,...
Dady & Gardner, P.A. Partner Ron Gardner dives into franchise fraud and the legal challenges franchisees face in his latest article, Tightening the Noose on Franchise Fraud, published in the New York Law Journal. Gardner highlights California's new SB 919 law, a...
If you’ve decided the best way to begin your journey to entrepreneurship is to first become a franchisee, one of your first decisions will be what kind of franchise you want to buy into. Some new franchisees look for a tried-and-true brand that’s been around for many...
A franchise contract breach can disrupt business operations and relationships, potentially causing significant financial losses. When your franchise partner fails to meet their contractual obligations, understanding the available remedies becomes crucial for...