The Real Cost of Owning a Franchise

The Real Cost of Owning a Franchise

The initial franchise fee or “Sticker Price” varies widely among franchise systems, but regardless of which franchise you choose, you can count on there being a lot of additional costs.   So what kind of additional costs of owning a franchise can you expect? Leasing/Purchasing a location You will need to do market and demographic […]

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The Pros and Cons of Brand Recognition for a Franchisee

When it comes to choosing to purchase a franchise over starting your own business, brand recognition tends to be one of the main reasons potential business owners lean towards buying a franchise. However, brand recognition doesn’t always work in the franchisee’s favor. Take a look at these pros and cons and really think about whether […]

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How to Do Your Due Diligence Before Investing in a Franchise

Did you know that Fortman Law is now on Slideshare? Check us out!   Here’s our latest slideshare: How to Do Your Due Diligence Before Investing in a Franchise How to do Due Diligence Before Buying a Franchise from Law Office of Jonathan E. Fortman

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Understanding Legalese with Ease: Franchising

This week’s Legalese with Ease word is Franchising. The definition of Franchising is: Contractual selling or renting of a business model around specific products and/or services at specific locations under specific arrangements. The franchiser contractually gives the franchisee use of a brand name or trademark or trade-name, and certain business systems and processes. The process […]

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New Videos! Are You Having Problems With Your Franchise?

New Videos! Are You Having Problems With Your Franchise?

We just uploaded some new videos, please see the English and Spanish versions below. Are you having problems with your franchise? Do you feel like you are a victim of a franchise scam? In this video, Kelly of Fortman Law goes over options for current and former franchisees that have lost money in a franchise […]

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The Case of Handing, et al. v. Contours Express, LLC: A Contemporary Story of David and Goliath

The Case of Handing, et al, v. Contours Express, LLC: A Contemporary Story of David and Goliath February 8, 2012 Late in 2006, I was sitting in my office.  My paralegal/assistant at the time (I’ll call her Marci), had gone off the deep end and stopped showing up for work.  I was scrambling to do all […]

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The Case of Handing, et al, v. Contours Express, LLC: A Contemporary Story of David and Goliath

Late in 2006, I was sitting in my office.  My paralegal/assistant at the time (I’ll call her Marci), had gone off the deep end and stopped showing up for work.  I was scrambling to do all the administrative stuff she did while also handling my caseload.  I put a help wanted ad in the paper […]

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Tax Preparation Franchises – No Experience Necessary to Fail

I don’t know of any lawyer who plans on working in franchise law while in law school.  It just isn’t one of those areas that gets much consideration.  I’m sure there are lawyers who strive to work in the legal department at McDonald’s or Subway.  However, those lawyers want the security of working for a […]

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Buying a Franchise – Remember the Franchise Salesman is not your Partner or Best Friend

A few weeks ago I was in Baltimore for the annual American Bar Association Forum on Franchising. It is the ultimate conference for us lawyers who do that type of work. Many of the attorneys who attend the conference work directly for corporations that franchise. For example, there is always a large contingent from McDonald’s […]

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