Monthly Archives: January 2022
You’re thinking about buying a franchise, and you’ve been told that you should consult with a franchise lawyer before you move forward. But, hiring a lawyer isn’t free (although you can get a free consultation), and you are wondering if it is worth the investment. So, what does a franchise lawyer do?
When you are a candidate for a franchise opportunity, one of the first things the franchisor will do is provide you with a copy of its Franchise Disclosure Document (FDD). The FDD is an extremely important document, and it provides (or should provide) a wealth of important information about several key aspects of the franchise. But, as franchise attorneys, we know that many prospective franchisees are only interested in the highlights. So, what is the most important information in an FDD?
It’s 2022, and this was supposed to be the year that things got back to normal. But, the omicron variant is once again causing COVID cases to spike across the country, and many businesses are struggling as a result. If your franchise is struggling due to the economic impacts of the pandemic, what are your options? What are your legal rights? Franchisee attorney Jeffrey M. Goldstein explains.
The Franchise Times recently published an article discussing Checkers’ rollout of artificial intelligence (AI) voice ordering at its 267 company-owned locations. According to the article, Checkers franchisees “are clamoring for the tool,” and the article suggests that expanding to franchised locations will be the next step after the rollout at the corporate level. So, does this mean that 2022 will be the year of AI in franchising? Franchise attorney and 30-year industry veteran Jeffrey M. Goldstein shares his thoughts.
The Franchise Times recently published its Fast & Serious list for 2022. According to the publication, the list “identif[ies] fast-growing franchise systems that also have staying power, as an antidote to multiple other rankings that include too many one-year wonders.” If you are thinking about buying one of these franchises, we encourage you to inquire about a franchise business review before you make your buying decision.
Many franchise systems have franchisee associations. Some of these associations have open membership for all franchisees, while others form in response to a particular issue and with a specific goal in mind. Joining a franchisee association can have a variety of benefits, as franchise lawyer Jeffrey M. Goldstein explains.