One of the most misunderstood aspects of California’s franchise law is its regulation of negotiated sales. Under the law, if a California franchisee has been given a “special deal” that is not part of the franchisor’s standard offering, then the franchisor may be required to disclose the terms of that deal to subsequent California franchisees during the following year. How can your franchise comply with the law?
Tag: franchise
Nevada Franchise Business Network: Fall 2011 Meeting
The next meeting of the Nevada Franchise Business Network is scheduled to occur on Tuesday, September 27, 2011 at Cili restaurant in Bali Hai Country Club, 5160 Las Vegas Boulevard South, Las Vegas, NV 89119. The topic of the meeting is “Marketing Strategies for Building Your Brand: Merging Traditional and New Media” and will feature guest speaker Darcy K. Neigbors, Founder and CEO of CIM Marketing Partners.
Your Franchisor Just Declared Bankruptcy. Now What?
When I am counseling prospective franchisees (or even when I am representing a franchisor in discussions with a prospective franchisee), one of the most common questions I get is “what happens if the franchisor declares bankruptcy?” A new article in Inc. magazine addresses this question.
Lessons In Creative Marketing: Nathan’s Hot Dog Eating Contest
The Nathan’s Famous Hot Dog Eating Contest takes place every year on July 4th at the original Nathan’s Famous hot dog stand in Coney Island, New York. While it remains (for some) a fun event to follow and watch as a spectator, what is even more interesting about the contest is how it has driven brand recognition and sales for the company it is synonomous with, Nathan’s Famous.
New Article On Franchising As A Growth Strategy
This week’s edition of SmartMoney has a good article on what it takes to become a franchisor. The article outlines some of the key considerations of franchising as a strategy for growing your business. For more on this topic, view my earlier posts: Are You Ready To Franchise? New Article On AmEx Open Forum and Franchising As A Growth Strategy.
In Case My Earlier Posts Didn’t Convince You: According To IFA, Increase In Credit Access Would Create 333,000 New Jobs
According to a recent article in the Wall Street Journal, “if franchisees could borrow all the money they need this year, they could purchase over 41,000 new or transfer businesses and create an astounding 333,000 new jobs.”
Forward Franchising 