The U.S. Small Business Administration (“SBA”), in response to pressure by the International Franchise Association, recently changed its position regarding how it views franchise companies and their affiliates for purposes of determining loan worthiness.
Tag: franchising
Do You Have this Unfair and Illegal Provision in Your Franchise Agreement?
Last night I reviewed a franchise agreement and found a surprising, and illegal, provision buried deep in the contract. If ever there was a compelling case for being careful when you are choosing legal counsel, I just found the provision that makes it.
Are Minimum Wage Laws that Discriminate Against Franchises “Industry-Specific” for the Purposes of Item 1?
Franchisees and franchisors continue to fight new minimum wage laws by U.S. cities that discriminate unfairly against small business owners who are affiliated with franchise systems. Are these types of laws “industry specific” within the meaning of Item 1 of the Franchise Disclosure Document?
IFA Announces Effort to Fight Attacks on Franchise Model
2014 was a challenging year for franchising, seeing two new broad-based forms of attack on the franchise model driven by labor unions. The International Franchise Association has created a coalition to fight back.
San Francisco Passes “Retail Worker Bill of Rights,” IFA Responds
The IFA has responded to the City of San Francisco’s unanimously passing a new law called the “Retail Workers Bill of Rights.” If it is signed by Mayor Edwin Lee, it would go into effect next summer.
Beware of Dabbling Franchise Attorneys! Part 2: Franchisor Counsel
The second 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.
