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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...
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...
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...
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...
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...
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...
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...
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,...
Buying a franchise is a major life event that can have many benefits for the new owner, but it is not as simple as going down the store for some groceries. The process for buying a franchise can be very complicated, and a single mistake can jeopardize your business's...
Opening a franchise location can offer new opportunities to bring in customers and build a strong business on a preexisting brand. Sometimes, however, a franchise opportunity really is too good to be true. When should prospective franchisees walk away from a franchise...