The franchisor must register in California to sell new franchises and the disclosure form (FDD) needs to be delivered to the buyer. Assume the following discussion pertains to re-sales of businesses. Why do you, as a broker, care? I. Franchise Agreement Affects the...
ranchising is essentially a method to distribute and sell goods and services but different from distributorships, dealerships, licensing and company chains. The Regulatory Landscape In the United States, because of the complex relationship between franchisees (Zees)...
The enforceability of non-competition and non-solicitation agreements is consistently misunderstood by the general public. It is generally understood that a business owner may not be able to prevent a prior employee from competing against that business, but this...
A review of a client’s files often indicates the corporate record keeping has significantly fallen behind. Most people do not want to spend the time and money to do their minutes and update other records, but there are good reasons to do so. It is important that all...