Did you know that your fiscal year can affect your franchise sales?
Check out our latest franchise question to find out why: https://drummlaw.com/blog/franchise-question/choosing-a-fiscal-year-end-for-your-franchise-company/
Franchise terminations and non-renewals. What do I need to know as the franchisor and franchisee?
They say all good things must come to an end. Unfortunately that plays true to many franchise relationships as well (though if it’s ending, it may not have been all that good to begin with).…
The franchisee breached their agreement. Now what? The default seems plain enough, so why would I need a lawyer’s help?
So, your franchisee has breached the terms of their franchise agreement. What do you do next? While their breach may be cause for termination, you shouldn’t rush into any conclusions. Otherwise, you…
The Importance of Franchise Record Keeping
Why Do I Need to Keep Records? Keeping records gives you an additional reason to check and make sure that the documents are properly completed and fully executed. If a dispute arises, incomplete…
Mistakes to Avoid as a Franchisor
There is enough advice out there for franchisors to fill many books. But we have a few hints from another perspective. Our corporate department at Drumm Law often gets called in to help franchisor…
I am interested in buying an existing franchise
Congratulations! You have made the leap into the world of franchising, and have decided to buy a franchise. A franchise lawyer will help you every step of the way in deciding whether or not to buy a…
Do I need a franchise attorney to conduct an FDD and Franchise Agreement Review before buying a franchise?
Yes, you should enter into a contract agreement without a franchise attorney by your side. Although there are many great lawyers in the world, and you may even be related to or good friends with…
Can you own more than one franchise?
You have probably heard the phrase “there is safety in numbers.” And this is true, even if you are talking about numbers of franchises. A clever business person can certainly own more than one…
How can a franchise attorney help with a retail commercial lease negotiation?
If you want to open a retail franchise, you will likely need to lease some commercial space. And as with anything, you will want to get the best terms for your deal that you can. Hiring a seasoned…