Becoming a franchisee is an attractive option for those who wish to establish a business without creating one from scratch. One of the benefits of franchises is that the owner, or franchisor, has already set important matters regarding the company, such as quality...
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Month: August 2021
Should you consider alternative dispute resolution options?
As a franchise business owner, you naturally want to do what you can to avoid getting into disputes. But despite your best effort, this may still happen. What can you do if you get into an argument or disagreement with the franchisor? Fortunately, litigation is not...
Your responsibilities when your business partner dies or quits
It’s a simple fact that franchise business partners owe fiduciary duties to each other. You share in the profits of your business as well as the risks and liability, and you make important decisions together. If your partner passes away, or if they decide to leave the...