For any type of business, regardless of industry, COVID-19 brought significant change to how owners operate their respective enterprises. Franchisors and franchisees also felt the pain that came with a pandemic. A great many operations were forced to shut down. Many...
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Year: 2021
The transition to franchising
The hard work that goes into planning, opening, and establishing a business presents significant risks. Overcoming those obstacles and putting your enterprise on the road to success is a milestone that comes with personal and financial rewards. Expansion may be the...
What to look for in a franchisor
When you want to open a franchise, you should look for one that would be a good fit for you as a person and an entrepreneur. Franchising offers a codified business plan and resources designed for success. Your job as a franchisee would be to understand where you fit...
The benefits of owning a franchise
Starting a business from scratch requires vast financial and creative resources. Attending to every detail is paramount, whether it involves naming a company, creating logos, and selecting color schemes that help an enterprise stand out. While you establish and build...
Franchising Report from the Office of U.S. Senator Catherine Cortez Masto
The office of U.S. Senator Catherine Cortez Masto releases their report Strategies to Improve the Franchise Model: Preventing Unfair and Deceptive Franchise Practices which contains highly informative statistics on the current state of the franchise industry and...
For franchisors, success comes with specific steps
The steps to take towards building a franchise require time, money, and a great deal of sweat equity. Once the decision is made to expand from one location to several, the hard work begins in building a business. As with any enterprise, challenges exist, many unique...
Negotiating a franchise agreement
A recent article in Franchise Times featured an interview with Mark Dady, managing partner at Dady & Gardner, detailed the pros and cons of franchise negotiations. The purchase of a franchise provides the franchisee with many built-in benefits. The work necessary...
Franchisor-franchisee relationships during a pandemic
The impact of COVID-19 on businesses over the past twelve months has been well documented. Some had no choice but to temporarily or permanently shutter their operations. Others have remained open but continue to struggle with government-mandated restrictions and...
The Dark Side of Today’s Development Push
In his March 30, 2021, Franchising column in the New York Law Journal, Dady and Gardner, P.A. attorney, Ronald Gardner, explains the choices, expansions, and developments of franchise systems over the past year. As a faint light begins to glimmer at the end of the...
Today’s Hotelier and Cross-Brand Competition
Dady and Gardner attorneys, J. Michael Dady and Rachel D. Zaiger talk about cross-brand competition in their recent article in the March 2021 edition of Today's Hotelier. Read along as Michael and Rachel analyze and give their thoughts on the impacts of COVID-19,...