In the October issue of Franchising USA, one of our senior franchise attorneys,Lynne Shelton, was asked to write an article about the benefits of attending franchise trade shows. Trade Shows are always great places to pick up tidbits of information, but within the franchising industry they epitomize their trade by guiding others. After all, isn’t that what franchising is all …
Free Business Growth Seminar – November 5, 2013
Our senior attorney, Lynne Shelton, will be presenting a free seminar on growing your business at the Folsom Chamber of Commerce on November 5, 2013. Email us now at Jereme@sla.law to reserve your seat before they run out.
Take a Trip to a Trade Show!
By: Lynne Shelton To read this article as originally written in Franchising USA Magazine, click HERE. Trade Shows are always great places to pick up tidbits of information, but within the franchising industry they epitomize their trade by guiding others. After all, isn’t that what franchising is all about, teaching others to do what you already know how to do? …
Franchise vs. Business Opportunity: The Debate On Every Entrepreneur’s Mind
What is the difference between a franchise and a business opportunity? This is a question that is on the mind of pretty much every person who attends a franchise or business opportunity trade show looking for his or her new career path. However, the people selling each of these types of businesses never really give a good explanation of why …
Using a Discovery Day to your advantage.
Most franchisors host some form of Discovery Day or Join the Team day. This event is intended to be a show and tell day culminating with a celebration that the select franchisees in attendance are signing franchise agreements and becoming part of the franchise system. As a franchisor, to get the most value from a Discovery Day, you should take …
Get it in writing!
From time to time we meet with business owners, franchisors, franchisees, and employees to discuss issues involving verbal agreements. Although enforceable, verbal agreements for the most part are worth the paper they are printed on. This is because many times a verbal agreement is a he said, she said argument where neither side can be believed with 100% certainty. But, …
A new chance to find your franchise is launching next weekend.
We recently spoke in one of our franchise blogs about the different ways to find a franchise business. One of the ways discussed was to attend different franchise trade shows across the country and meet the franchisors face to face. It just so happens that one of those events is taking place in Los Angeles, CA next weekend, September 7 …
Gamification – a novel way to “Expand Your Brand.”
One of our franchise attorneys, Jason Power, recently learned about the concept of gamification from an online learning course that he took. Gamification is a way of bringing concepts from games, such as video games or even board games, to non game related avenues. We all see this every day, but bringing it to the world of franchising may help …
Where can I find franchises to buy?
Each year I have at least 100 different people come to me and ask “Where can I find a good franchise?” There is no simple answer to this question because every franchise has the potential to be good if the right people are involved, on both the franchisor and franchisee sides. Also, you must remember that what is “good” for …
Franchise Sales… Are you in compliance?
Face it, every franchisor wants to sell franchises, but are they following all of the rules when doing so? The Federal Trade Commission and various states have laws that relate to the sale of franchise opportunities. Although the FTC does not require registration of the FDD or franchise sellers, in registration states a franchisor must give a list of the …