Monthly Archives: December 2023
2023 Year in Review: What Lessons Can Franchisees Carry Into 2024?
Dec 29, 2023 - Blog by Goldstein Law Firm |Each year, we publish lots of articles for franchisees on our blog. We know that being a franchisee can be hard, and we want to make sure that those who need legal help are able to make informed decisions about their next steps. While some of our articles are relevant to a specific point in time, most are designed to serve as resources for years to come.
What is the Most Important Clause in Your Franchise Agreement?
Dec 22, 2023 - Blog by Goldstein Law Firm |When you are going through the process of buying a franchise, it is critical to review the franchise agreement. Not only will the franchise agreement govern your relationship with your franchisor, but it will also dictate what happens if something goes wrong. Will you be required to use designated suppliers (even if you can find lower prices elsewhere)? What will you need to do in order to renew? Will you be required to arbitrate in the franchisor’s home state in the event of a dispute? Will you be liable for liquidated damages if the relationship ends prematurely?
Buying a Franchise in 2024: What Do Prospective Franchisees Need to Know?
Dec 15, 2023 - Blog by Goldstein Law Firm |So, you’re thinking about buying a franchise in 2024. What do you need to know? Buying a franchise is a major investment with significant legal financial implications—so it is critical that you make an informed buying decision. Here are some key insights from franchise attorney Jeffrey M. Goldstein.