The next meeting of the Kansas City Franchise Business Network is scheduled to occur on Wednesday, March 7, 2012 at the Kansas City office of Armstrong Teasdale. The meeting will feature guest speaker Marcus A. Banks, Senior Vice President – Litigation and Government Relations of Wyndham Worldwide Corporation. Mr. Banks will discuss evaluating and assessing litigation risk, negotiating and resolving litigation, and identifying and securing insurance coverage for claims.
Category: The Business of Franchising
Lawsuit Regarding Strip Club Ad Highlights Importance Of Franchise Brand Management
A recent lawsuit filed by sandwich franchisor Capriotti’s underlines the importance of brand management for franchise companies. The franchisor sued its Las Vegas-based franchisee, seeking to terminate the franchise agreement in reaction to the franchisee’s co-advertising campaign with a strip club, featuring the tagline “a match made in Vegas heaven: boobs and Bobbies.”
IFA Supports Business Activity Tax Simplification Act
One of the pieces of legislation currently pending before Congress that has the potential to significantly affect franchisors is the Business Activity Tax Simplification Act, or BATSA. BATSA would clarify federal tax law by resolving the question of economic “nexus” that is required for a state to succesfully impose an income tax on out-of-state companies.
Recent Franchising Stories Focus On Funding And Incentives
At the beginning of 2012, the big story in franchising appears to be the same one that we have seen for the last several years: money. Franchisors are still looking for answers to questions about growth in a time when it is difficult for prospective franchisees to find funding. There are a couple of good articles this week that demonstrate possible answers to these questions.
New York Adopts Limited Franchise Trade Show Exemption; Will Other Registration States Follow Suit?
The State of New York recently enacted a new, limited exemption to its Franchise Sales Act (N.Y. Gen. Bus. L. § 680 et. seq.) (the “Act”), which will allow franchisors that are not registered with the State to participate in a franchise trade show under certain circumstances.
More On The Domino’s Turnaround Story…
There is an interesting new article on Fast Casual.com about the Domino’s Pizza “radical transparency” campaign and its success in turning around the brand — a story that I will continue to follow as the company comes up with new and inventive ways to continue its marketing narrative.
Forward Franchising 