Some franchisors are heavily influenced by a small group of individuals, typically the business’s founders. If one of these key people is lost, it could have a severe, perhaps even ruinous, financial impact on the company. This is why “key person” insurance can be important.
Tag: franchise company
Beware of Dabbling Franchise Attorneys! Part 1: Franchisee Counsel
The first of a two-part piece examining why “dabbling” franchise attorneys — that is, those who are inexperienced in franchising and franchise law but get involved with franchise transactions anyway — can be harmful to their clients.
Nevada Franchise Business Network Spring 2013 Meeting: Top 10 Labor And Employment Issues
Join us at the next meeting of the Nevada Franchise Business Network for an interactive discussion regarding new developments in the world of labor and employment law . The topic of the meeting is “Brave New World: Top Ten and Employment and Labor Issues to Know in 2013” and will feature guest speakers Michael Kass, a Labor and Employment Partner with Armstrong Teasdale LLP.
New York Renews Its Limited Franchise Trade Show Exemption
The State of New York renewed its limited exemption to its Franchise Sales Act (N.Y. Gen. Bus. L. ยง 680 et. seq.) (the “Act”), which will allow franchisors that are not registered with the State to participate in the International Franchise Exposition under certain circumstances.
Breaking A Link In The Chain: Franchising Lessons From The Bourne Legacy
The events in the movie The Bourne Legacy have some similarities to what can sometimes happen among and to franchise systems. Like the “Treadstone” organization, franchise systems/chains are only as strong as each of their links. When a link is broken, it can threaten the entire chain.
Nevada Declares September 1st Franchise Appreciation Day
In a Proclamation, Nevada Governor Brian Sandoval has declared September 1, 2012 as “Franchise Appreciation Day in Nevada.” In so doing, Nevada has become the first State to officially recognize franchised businesses and the positive effects they have on our community.
Forward Franchising 