The Franchise King
I can’t believe it. It’s happened again. It’s really Quazy news. Quiznos franchisees are suing the Quap out of their Denver-based franchisor. Again. It’s like Qeja-Vu. New Quiznos Lawsuit 10 lawsuits (as of this writing) were filed in Quolorado in December, claiming that Quiznos stole “hundreds of millions of dollars” from franchisees using “hidden [...]
You do understand how the franchise business model works, right? Go here to doublecheck. For example, you know that: The franchisor came up with the business concept The franchisor is the real entrepreneur The franchisor gets to write the rule book The Franchise Rule Book The book is usually pretty thick. Actually, there’s more [...]
1. How many inches are in a foot? 2. How many inches are in a ‘footlong‘ sub sandwich? 3. How many inches are in a “Subway Footlong”® sandwich in one New Jersey franchise? If your answer was “12 inches“, you were only correct two out of three times. So much for being good at math. [...]
(Courtesy of jontunn on Flickr) Attorneys have power. Most of their power comes from what they learned at law school. Some of their power comes from who they are…and what they believe in. And, if you’re on the hunt for what you feel is the best franchise business to buy, you need an attorney. A [...]
If part of your morning routine involves dashing to your closest Dunkin’ Donuts franchise, I suggest that you bring some extra money with you the next time you go. That’s because a North American Judge, (in Canada) just told Dunkin’ Donuts to pay $16.4 million to some of its former franchisees in the province of [...]
I’m issuing a challenge; stop by the comment section that’s located right underneath this franchise blog post, and enter into a debate with me. Go ahead; share your reasons for not engaging the services of a competent lawyer as you near the finish line. The finish line I’m referring to is the one involving your signature. [...]
If you’re a New Yorker, (the Brooklyn variety) bagels are an important part of your culture. Your borough has the best-tasting bagels. Period. There isn’t a place in the world that can come close to what you’ve been producing for decades. Unless you make them yourself, as a Florida franchisee of The Original Brooklyn Water Bagel [...]
Are you about to sign a franchise contract? Is a 25-page franchising agreement sitting on a desk in your house waiting to get inked? If so, there’s one thing that you must do before you sign it. Go To Before You Sign It.com I created beforeyousignit.com for people [...]
Franchisees of this Denver, Colorado based sandwich franchise have been way too nervous about their fates for way too long. How would you like to own a franchise in which your franchisor can’t seem to get it’s act together? Fun. Franchisee Kevin Tackett, past president of the Quiznos franchisee association and operator of 8 [...]
(This is a guest post from Jeff Fabian, Attorney.) Most people considering purchasing a franchise have at least heard that they need to perform “due diligence” on the franchise opportunity. However, many people do not know what an appropriate due diligence investigation entails. This article discusses seven key components of the due diligence [...]
