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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.
What is An Item 19 Financial Performance Representation?
Out of all the 23 required Items in every FDD, one of the most significant is found in Item 19. For a franchise buyer, this Item may provide revenue figures or other financial metrics of company owned and franchisee owned outlets. For franchisors, a decision to include these metrics carries business legal risks and benefits. Any of the representations permitted for inclusion in Item 19 are known as the Financial Performance Representations.
What To Consider When Hiring an Attorney
There are approximately 1.3 million lawyers practicing in the United States. Many may be a good fit for your legal needs, but finding the right attorney requires identifying the nature and scope of the legal need, and locating an attorney with a matching skill set. The practice of law includes many different specialities and niche legal fields. Locating the right attorney is essential when you need competent and affordable legal support.
CoCo Franchise Requirements
CoCo started its humble beginnings in Tamsui, Taiwan in 1997 before expanding its footprint throughout Asia, South Pacific and North America. CoCo Fresh Tea &
Land Ownership in the Philippines as an Expatriate
The concept of land ownership has been a cornerstone of the American dream since the founding of the United States. This freedom has played a crucial role in shaping the economic, social, and cultural landscape of the nation. However, land ownership is restricted or subject to stringent regulations in many other countries.
Happy Lemon Franchise Requirements
Founded in 2006 in Taiwan, Happy Lemon initially brought and expanded its brand in Mainland China and Hongkong until it expanded with more than 350+ locations across 21 countries including the USA, Canada, Australia, UK, and many more.
Chatime Franchise Requirements
Chatime is a bubble tea business that began in Taiwan in 2003, expanding into other countries across the globe. Interested in opening your own Chatime franchise business? Expect to invest between $208,600 to $475,400 to launch your first Chatime restaurant.
Onboarding Clients And Maintaining Customer Relations
The success of any business depends upon building and maintaining client relationships. This requires focusing on exceptional products or services while also committing to excellent customer service.
Launching an ACE handyman Services Franchised Business
Interested in opening your own ACE Handyman Services franchise business? Expect to invest between $127,577 to $204,097 to launch your first location. That is what ACE Handyman Services estimates it will cost you to get your location ready to open and operate for 3-months according to its 2023 franchise disclosure document (“FDD”).
Mason’s Famous Lobster Rolls Franchise Requirements
Interested in opening your own Mason’s Famous Lobster Rolls franchise business? Expect to invest between $162,983 to $464,050 to launch your first location.
Tips for Finding The Right Franchise Opportunity
Purchasing a franchised business is an excellent option for emerging and seasoned entrepreneurs. Finding the right opportunity may be the difference between success and failure. Plan for success by being diligent throughout the process.
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.
