The Franchise Disclosure Document, or FDD, is required by the Federal Trade Commission from franchisors and explains to qualified potential franchisees important information about such things as:
* The franchisor's management team
* Estimated startup costs
* Royalties and ongoing fees ... Views: 615
A license allows the holder of intellectual property the exclusive right to do what they want with their property, and the right to make money by charging a fee for someone besides the licensor to use the piece of intellectual property. The use of a license can allow outside parties to use ... Views: 2089
Is your business part of a franchise, but you would rather call it quits and part ways with the franchisor? Such a decision should not be taken lightly because of the advantages that a partnership with a franchisor can bring you. But if you have plans to take your business to the next level that ... Views: 746
One of the fastest growing legal fields, commercial litigation encompasses legal disputes that are related to business issues. This includes breaches of contract, class actions, employment disputes, franchise issues, partner disputes, debt collection, business dissolution, civil RICO, breach of ... Views: 829
Being part of a franchise has many benefits such as instant brand recognition and a good quality selection of products and services. However, if your relationship with the franchisor turns sour then you could end up facing legal issues that you are ill equipped to handle. Franchise laws are very ... Views: 771
The majority of the United States population knows what a franchise is; they simply do not understand why they were created and the benefits of owning a franchise. There are many different franchises in the world; one of the largest would be McDonalds. Millions of people visit this fast food ... Views: 558
When the economy enters a rough patch and corporations are forced to tighten their collective belts, downsizing is inevitable. In the old days, when seniority actually meant something, the last man hired was usually the first one fired. But that is not the case anymore. Millions of midlevel ... Views: 715
According to a recent estimate, there are more than 30 million businesses in the United States. They range from small mom and pop stores to giant global franchises and corporations. But all of them have one thing in common. If they have a problem or dispute, they must contact a commercial ... Views: 700
U.S. businesses, inventors, and artists spend countless hours developing new products, devices, and works of art each year. In order to protect their creative endeavors, they apply for patents and copyrights. Unfortunately, not everyone respects these forms of intellectual property. Because it ... Views: 730
The main duty of a litigation lawyer is to either defend or represent his client in court. When the client is the claimant, it means that he is trying to recover money in a civil lawsuit. Most of these cases involve individuals who are suing for small amounts. These suits are generally settled ... Views: 854
Certain types of businesses are regulated by specific government agencies. Franchises, for example, are supervised by the Federal Trade Commission (FTC) in the United States. Why is this? Because franchising is responsible for a substantial portion of business growth in America! In a relatively ... Views: 676
Numbers and statistics play an important role in shaping public policy and opinion in the modern age. Because they are supposedly complied by experts, most folks accept them without question. This numerical credulity can be dangerous, since many popular statistics are inaccurate or just plain ... Views: 658
It took the U.S. Census Bureau seventy-five years to complete their first report on the franchise industry. A popular business concept that was introduced by Howard Johnson’s in the 1930s, franchising has become a vital sector of the American economy. According to the report, which was ... Views: 673
There are dozens of areas of legal practice lawyers may specialize in. Some focus on family law, immigration law, or environmental law. One of the fastest-growing fields of legal study is commercial litigation, also known as business law. The subject is an extensive one that covers all business ... Views: 743
What do Subway, McDonald’s, Dunkin’ Donuts, 7-Eleven Inc., Hampton Hotels, and H & R Block all have in common? Well, there are several things, actually. First, they were all founded in America; second, they are global businesses; and third, they are all franchises. As a business practice, ... Views: 751