What Are the “Best” Franchises in Times of Economic Uncertainty?
Nov 29, 2024 - Blog by Goldstein Law Firm |When living through uncertain economic times, everyone needs to do their best to make informed decisions based on the limited information they have available. But, this is especially important for prospective franchisees. Buying a franchise is a long-term investment, and if people can’t afford to buy what you have to sell, no amount of money or time will be enough to save your business. As a franchisee lawyer with well over 30 years of experience, this is a fact that Jeffrey M. Goldstein knows all too well.
Joining the Franchise “Gold Rush”—A Good Idea?
Nov 22, 2024 - Blog by Goldstein Law Firm |A recent article in the Franchise Times discusses the “gold rush” to get in on the pickleball craze. It cites figures from FranData that show an 85.7 percent year-over-year increase in pickleball players and notes that while “[t]he race to the top in the rapidly growing pickleball space heated up in 2024 for franchisors looking to capitalize on the country’s fastest-growing participation sport. . . . [p]ickelball franchisors and their financial backers agree there is plenty of space in the industry for everyone to grow and prosper even as they compete for prime real estate locations and franchisees work to draw players to their courts.”
Buying a Franchise in 2025: Key Legal, Financial and Practical Considerations
Nov 15, 2024 - Blog by Goldstein Law Firm |With a new year just around the corner, now is a time when many people are thinking about making some significant changes in their lives. For some, this means considering a franchise opportunity. If you are thinking about buying a franchise in 2025, what do you need to know? Keep reading to learn about some key legal, financial, and practical considerations from New York franchise lawyer Jeffrey M. Goldstein.
Thinking About Buying a Franchise After a Franchise Show? Here’s What You Need to Know
Oct 31, 2024 - Blog by Goldstein Law Firm |If you recently attended a franchise show and are thinking about buying a franchise, there is a lot you need to know. Buying a franchise is a major investment; and, while franchise ownership presents many opportunities, there is also a lot that can go wrong. Before you sign a franchise agreement, be sure to follow these 10 tips from national franchisee attorney Jeffrey M. Goldstein.
Are Franchisors’ Mandatory Arbitration Clauses Enforceable in Massachusetts?
Oct 24, 2024 - Blog by Goldstein Law Firm |As a franchisee, there is a good chance that you are required to resolve any disputes with your franchisor through alternative dispute resolution (ADR)—either mediation or arbitration. Franchisors like mandatory ADR clauses for a variety of reasons, and they tend to favor mandatory arbitration clauses in particular. Arbitrating a dispute with your franchisor requires experienced legal representation; and, if you are facing a dispute with your franchisor in Massachusetts, you will want to speak with a Boston franchise attorney as soon as possible.
7 Important Tips for Facing a Dispute with Your Franchisor
Oct 17, 2024 - Blog by Goldstein Law Firm |If you are facing a dispute with your franchisor, you need to be very careful to protect yourself. Whether your goal is to save your franchise or to exit the system and move on to your next opportunity, you need to avoid a variety of mistakes that could prove very costly. As national franchise lawyer Jeffrey M. Goldstein explains, while franchisees have clear legal rights, these rights are limited in various respects, and those who do not take advantage of the rights they have available can find themselves facing unnecessary consequences.
What Can I Do if My Franchisor’s Prices Are Too High?
Sep 30, 2024 - Blog by Goldstein Law Firm |As a franchise owner, you can feel price pressure on both ends. Not only can rising prices make it more difficult to make ends meet, but you can also face resistance from customers (or would-be customers) who think you are charging more than you should.
Buying a Franchise in Illinois: How to Make a Smart Choice About Your Territory
Sep 23, 2024 - Blog by Goldstein Law Firm |Buying a franchise in Illinois requires careful decision-making. This applies across the board—from choosing the specific franchise opportunity that you want to pursue to choosing your territory. When it comes to choosing your territory, there are lots of factors to consider, and this makes it critical to work with an experienced Illinois franchise attorney who can help you make informed decisions throughout the buying process.
What Does it Mean if a Franchisor Has a Master Franchisee?
Sep 16, 2024 - Blog by Goldstein Law Firm |When you are thinking about buying a franchise, one of the key factors to consider (among many others) is the size and geographic dispersal of the franchise system. This includes not only the number and location of unit franchises, but also the number and location of any master franchisees.
Franchise Dispute Resolution in New York: What Franchisees Really Need to Know About ADR
Aug 30, 2024 - Blog by Goldstein Law Firm |As a franchisee, you need to know that you are making informed decisions when facing a dispute with your franchisor. For most franchisees, making informed decisions starts with looking for information online, and in New York, a good place to go for reliable information is the New York State Attorney General’s website.
