Are you seeing the new 2020 regulations for state registrations clearly? In May of 2019 the North American Securities Administrators Association (NASAA) released their newly adopted guidelines for the Franchise Disclosure Document (FDD) on how the State Cover Page and State Effective Dates Page should be formatted. The changes regulate how information is displayed and shared and even dictate the …
Between Now and Normal – Turning the Franchise System Back On – Part 3
Article by: Lynne D. SheltonWe are concluding this 3-part series, on some best practices, or possibly let’s continue to say ‘anticipated best practices’ on how to Turn Your Franchise System Back On. So far in this 3 part series, we have covered Communications with the Franchisee; and Communications with the Public, in Part 1; and Communications with Prospective Franchisees and Communications with the Examiners …
Between Now and Normal – Turning the Franchise System Back On – Part 2
Article by: Lynne D. SheltonWe all thought 2021 would bring us “normal”, but this seems to be the decade that just keeps on giving. We are in the middle of this 3-part series, we will look at some best practices, or possibly let’s continue to say ‘anticipated best practices’ on how to Turn Your Franchise System Back On. As we look between Now and …
Between Now and Normal – Turning the Franchise System Back On – Part 1
Article by: Lynne D. SheltonIt has been said that we are living through unprecedented or uncertain times. This may be true, but what will become even truer as we push through 2020 is that nothing tomorrow is certain. It feels a bit to me like the ramp up of Y2K era from 1995 through January 1st, 2000. Everyone in the software and hardware industries …
SBA Lenders that are Franchise Friendly
Franchise Times published a report of some of the SBA Lenders to Administer Disaster Relief Funds for the franchise and restaurant businesses. The CARES Act recently was enacted by Congress to allows companies with fewer than 500 employees to obtain loans of up to $10 million from local SBA lenders through the Small Business Administration’s existing 7(a) loan guarantee program. …
The State of Franchising in the COVID-19 Coronavirus Bubble
Article by: Lynne D. SheltonFor franchising, franchisors, franchisees, entrepreneurs, and business owners, the COVID-19 Coronavirus and the current global pandemic is altering the course of history and challenges the existence of businesses across the country. While the health of family, friends, and our nation as a whole is the paramount concern, the economic realities of the Corona Virus and its impact on franchisors and franchising …
65+ Key Performance Indicators with Descriptions
Article by: Lynne D. SheltonType of KPIs Description Cashflow KPIs Description Working Capital Measures an organization’s financial health by analyzing readily available resources that could be used to meet any short-term obligations. Operating Cash Flow The amount of cash generated by regular business operations. Cash Rotation (365/cash cycle) The number of times the cash comes back to the organization for a period of …
By-product = Happy Franchisee’s Year 4 and beyond
Article by: Lynne D. SheltonAccelerate New Units & Improved Market Growth By-product = Happy Franchisee’s Year 4 and beyond Let Shelton Law & Associates help you shape up your franchise system foundation. As previous franchisors, franchisees and business leaders with over 50 years of experience, we understand the laws, rules and regulations that affect your franchisees and understand the kinds of challenges that …
A fast food franchise could be your ticket to life in a tropical paradise.
Article by: Tracy Lee Wood Jr.Many of us dream of moving to a tropical paradise such as Thailand. However, unless you are independently wealthy or do not need to work for the rest of your life, you can only afford to stay there for a limited time before you have to return to the real world and start earning a living again. But what if …
100+ Questions to Ask
Article by: Lynne D. Shelton100+ Questions You Should Answer Before Buying A Franchise What is franchising? Why does it work? Why doesn’t it work? Who do I know who is a franchisee? What makes me think franchising will work for me? How much money can I comfortably invest in a franchise? If I had to borrow money to invest in a franchise, where …