Q: As a new franchise owner, how do I find balance in my new normal?
A: One of the biggest opportunities in franchising is the ability to be your own boss. Choosing the franchising route of entrepreneurship means making an...
Category : Advice & Tips
Q: How do I know if franchising is right for me?
A: Franchising can be an excellent way to start a business. Not only does it allow you to choose from a variety of options, but...
Q: What are some key components of the Franchise Disclosure Document?
A: If you’re looking to purchase a franchise business, the Franchise Disclosure Document (FDD) is a key document you’ll encounter. Required by the Arthur Wishart...
Multi-Unit Money Management
Key accounting considerations to help you grow to multiple franchise units While most entrepreneurs choose to kick off their franchise careers with the purchase of...
Q: What tools are available to help me resolve any disputes with my franchisor?
A: Successful franchise systems are built on trust and solid relationships. However, there will always be variations in individual franchisee performance, and disputes can arise...
Q: What are my franchisor’s obligations at the beginning and throughout my franchise career?
A: Franchising is a great way to expand your company into new markets and increase your brand awareness. When entering a franchise agreement, there are...
Q: How do I evaluate a franchise’s ESG credentials?
Environmental, social, and governance principles (ESG), along with sustainability, have become hot topics in the past couple years. Throughout 2023, the competition for customers, employees,...
Q: When is the right time to expand my franchise?
From a financial perspective, there are several important factors you should consider when deciding whether it’s time to open your next franchise location. Ensure existing...
Q: What are the risks of purchasing a franchise in a newly launched franchise system?
A: I have reviewed and/or prepared hundreds of disclosure documents during my thirty-year legal career, so one could say that “I have nearly seen it...
Q: Why should I use digital signage in my quick service or fast casual restaurant?
A: The restaurant business is tough. With so much competition, thin margins, and uncertainty throughout the supply chain today, fast casual and quick service restaurants...