Recently, Jason Power, one of our senior partners, was asked to write a three part series for Franchising USA Magazine about buying a franchise. In his article, he discusses the best ways to negotiate a franchise purchase, what to ask yourself and those close to you before you buy a franchise, where you can look to for help with researching …
What can I learn from a franchise trade show?
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 …
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 …
A moment of silence
Although there is much to say in the world of franchising today, we at Shelton & Power would like to ask everyone to take part in a moment of silence for those innocent people injured at the Boston marathon and at the explosion in West, TX. Although the events are not related, the destruction that was caused by both events …
Free ticket – Dallas franchise expo
Register to attend the Dallas Franchise Expo for free, compliments of Shelton & Power franchise law firm or invite a friend to attend with you. Email us at info@sla.law and we will register you to attend the Dallas Franchise Expo on May 18 & 19 where one of our senior attorneys, Jason Power, will be speaking about how to buy …
We introduce the Austin Franchise Association
The problem: Franchise professionals are very busy, but they know that they are missing important information that is crucial to their business. The biggest problem has been that there is a lack of convenient meeting places for these franchise professionals to discuss solutions with their colleagues on a regular, reliable and consistent basis. The solution: The Austin Franchise Association. The …
Have you updated your Operations Manuals?
When was the last time you took a good hard look at your operations manual? If you are like most franchisors, you may not be able to remember the last time. You should be reviewing your operations manual throughout the year to incorporate new products, services, policies, and procedures that impact the franchise system. Because franchise systems grow and change …
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 …
Best Practices to Protect Trade Secrets, pt 1
To protect its Intellectual Property Rights (“IPR”) by demonstrating that certain information qualifies as a trade secret, companies should consider the following: 1. Develop and Implement an Overall Intellectual Property Rights Protection Program. Whether you are just starting out or are a multinational company with enormous revenues, an effective IPR protection strategy or program (“Program”) is critical to a competitive advantage. The …