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Our Legal Blog
Derek and John Allen discuss topics based on popular client inquiries and developments in business and franchise law. The author is identified in each post. Our firm’s goal is to add value to the business community and serve as a resource for SMB law. Enjoy and let us know if we can help your business.
Does The New Non Compete Rule Apply To The Franchisor Franchisee Relationship?
The FTC Issued a new rule banning most non competes On April 23, 2024, the Federal Trade Commission issued the final version of its new
Flat Fee Franchise Lawyer
Purchasing a franchised business provides entrepreneurs with access to a proven business model they can replicate with the help of a franchisor delivering comprehensive training and support. The first step to purchasing a franchised business requires receiving a franchise disclosure document and signing a franchise agreement. Understanding the legal and business terms of the franchise disclosure document “FDD” is an essential part of conducting due diligence. Understanding the fee structures that franchise lawyers offer is crucial to managing your legal expenses effectively. One option that stands out for its clarity and predictability is the flat fee model.
Legal Foundations of Private Labeling Clothing
While diving into the world of fashion entrepreneurship with a private label clothing business, don’t forget to set up a solid legal framework to protect your brand. It involves structuring your company in a way that safeguards your interests, minimizes risks, and drive growth. Learn why that is important.
Chocolate Lovers Unite – Yes, there is a franchise for that.
Chocolate is the go to treat for many and the quintessential Valentines Day treat. Did you know you could open your own franchised business dedicated
A Comprehensive Guide: How to Private Label Clothing
Are you dreaming of launching your own clothing line but unsure where to start? Private labeling clothing offers an enticing opportunity to create your own brand without the need for extensive manufacturing infrastructure. In this guide, we’ll walk you through the step-by-step process of private labeling clothing, from selecting the right products to branding and distribution.
How to Develop a Winning Private Label Program Strategy
Starting a retail business is like trying to find your way through a maze of challenges. From website development to inventory management, the to-do list seems endless. However, what if there was a way to streamline the process, particularly when it comes to product creation? Enter private labeling – a game-changer for budding entrepreneurs in the retail space.
Filipino Brands with Franchises in the US
Interested in franchising a filipino brand in the United States? You have several options and additional brands have launched company outlets in the United States.
4 Korean Brands Offering Franchises in the United States
The American market is known for embracing a wide range of products and services, providing a platform for international brands to flourish. This is precisely why a lot of companies aspire to expand their businesses into the United States. The continued “Hallyu” or Korean wave is extending the reach of the Korean culture across the United States.
The Basic Legal Requirements to Start a Franchise
Franchising generally occurs any time there is an oral or written agreement for (1) the buyer to use or associate with the sellers trademark; (2) the seller to exert certain control or provide certain assistance; and, (3) the buyer to pay for the association. The basic legal requirements to start a franchise can be broken down into five main categories.
How Much Do Franchise Attorneys Charge to Review an FDD?
The lawyers fee to review an FDD will vary by law firm. Many law firms specializing in franchise law offer FDD review at a fixed or flat rate. Larger firms may insist on an hourly rate. At Waldrop & Colvin, we charge a flat rate of $1,850 to review the FDD, deliver a report of our findings, and provide unlimited consultations on the franchise opportunity.
Legal Disclaimer
The blog posts published by the attorneys at Waldrop & Colvin are available for informational purposes only. The blog posts do not provide legal advice on any subject matter and should not be used as a substitute for legal advice from an attorney. Viewing a blog post does not establish an attorney-client relationship between you and the authors of the blog posts. You should consult your own legal counsel on any legal questions. You agree to these terms by viewing a post.
