5 Myths About Franchise Ownership
Apr 23, 2024 - Blog by Goldstein Law Firm |The U.S. Federal Trade Commission (FTC) recently published an article with five “myths” about franchise ownership. As we discussed in a previous post, two of these “myths” weren’t myths at all, but rather reflected fundamental aspects of the franchisor-franchisee relationship. As a franchise lawyer, it is disappointing to see the FTC get it so wrong—especially in an article that is intended as a free resource for prospective franchisees.
Don’t Believe Everything You Read Online About Franchise Ownership—Sometimes Even the Federal Government Gets It Wrong
Apr 16, 2024 - Blog by Goldstein Law Firm |When you are thinking about buying a franchise, it is critical to make sure you are making informed decisions. While you can find lots of useful information online, you need to be careful to ensure you are not relying on inaccurate information that will compromise your decision-making. Reading blog articles from a reputable franchisee law firm is a good option, and looking at government resources is a good option as well.
Franchise Attorney Jeffrey M. Goldstein to Speak at Franchise Times Legal Eagles Virtual Summit on April 10, 2024
Mar 29, 2024 - Blog by Goldstein Law Firm |Franchise attorney Jeffrey M. Goldstein, founder of Goldstein Law Firm, PLLC, will speak at the Franchise Times Legal Eagles Virtual Summit on April 10, 2024. The Virtual Summit takes place from 11:00am EST to 4:00pm EST.
Pet Franchises: What You Need to Know Before You Buy in 2024
Mar 22, 2024 - Blog by Goldstein Law Firm |The pet industry is booming. As recently stated in an industry report on Franchise Direct, “People LOVE their pets—and they’re spending the money to prove it.” But does this mean that you should buy a pet franchise in 2024? Here are some key considerations from franchisee attorney Jeffrey M. Goldstein.
Emerging Franchises vs. Top Brands to Buy: Which Should You Choose in Massachusetts?
Mar 15, 2024 - Blog by Goldstein Law Firm |When choosing a franchise to buy, there are numerous important factors to consider. What type of business are you passionate about owning? What type of business is missing in your local area? What is the total initial investment? Can you expect to recoup your investment during the initial term of the franchise agreement? This is just a small sampling of the type of questions you will need to answer—in many cases, with the help of an experienced Massachusetts franchise lawyer.
When Should You File for Mediation or Arbitration Against Your Franchisor?
Feb 29, 2024 - Blog by Goldstein Law Firm |As a franchisee, it’s important to know when it’s time to take legal action. While pursuing mediation or arbitration might be the last thing you want to do, when filing a claim is your best option, you need to be willing to do what is necessary to protect your investment. So, when should you file for mediation or arbitration against your franchisor? Find out from franchisee lawyer Jeffrey M. Goldstein.
Checklist: To-Dos Before Buying a Franchise in New York
Feb 22, 2024 - Blog by Goldstein Law Firm |Buying a franchise is a multi-step process that requires careful planning, foresight and informed decision-making. While a franchise can be a good investment, there are no guarantees, and starting out on the wrong foot can make it much more difficult to build a successful and sustainable business. In this article, New York franchise lawyer Jeffrey M. Goldstein provides an overview of the franchise buying process.
10 Common Issues in Franchisor-Franchisee Disputes
Feb 15, 2024 - Blog by Goldstein Law Firm |Disputes between franchisors and their franchisees can involve a wide range of issues. As a franchisee, it is important to be aware of these issues so that you know when legal action may be necessary to protect your franchise. When these issues arise, informed decision-making is critical, and this makes it important to speak with an experienced franchise attorney as soon as possible.
Robots and Artificial Intelligence (AI): What Franchisees Need to Know When Their Franchisors Adopt New Technologies
Jan 31, 2024 - Blog by Goldstein Law Firm |Artificial intelligence (AI) is officially here. In 2024, we anticipate that franchisors in a wide range of industries will seek to adopt AI technologies in various capacities—whether they fully understand AI’s capabilities and implications or not. Some franchisors are also turning to robots to streamline their operations, and this is a trend that we expect to see continue throughout the year as well.
Should You Start a Franchise as a Side Hustle in Chicago?
Jan 24, 2024 - Blog by Goldstein Law Firm |Many people buy their first franchise after getting fed up with their jobs. They get tired of working for someone else, and they decide that they are willing to take the risk of quitting in order to try something new. But this approach isn’t right for everyone. If you aren’t ready to quit your job—at least not yet—you might be thinking about starting a franchise as a side hustle. Here, Chicago franchise attorney Jeffrey M. Goldstein explains what you need to know.
