The State of New York renewed its 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 the International Franchise Exposition under certain circumstances.
Tag: franchising
Franchisors: Don’t Forget To File Your New York Annual Sales Tax Information Report
All franchisors that have at least one franchisee operating in New York State should be aware that they must file an annual information return next month under a state tax law. This annual report is due on or before March 20th of each year.
Awuah v. Coverall: What If I Didn’t Know About The Mandatory Arbitration Provision In My Franchise Agreement?
A new ruling by the United States Court of Appeals for the First Circuit in Awuah v. Coverall case is yet the latest in a string of recent court decisions that confirm the strength and enforceability of arbitration clauses in franchise agreements.
Speaking At Denver Franchise Show This Weekend
This weekend (September 29 and 30) I am speaking at the National Franchise and Business Opportunities Expo at the Convention Center in Denver, Colorado.
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.
Business Lessons Learned From “The Dark Knight Rises”
In “The Dark Knight Rises,” Bruce Wayne / Batman learns a valuable lesson about how dangerous complacency can be, as he is completely unprepared for the threat that is Bane. The lesson learned by Wayne is one that applies equally to franchise systems and other businesses: overconfidence and complacency can be hazardous to the long-term survival of the system.
Forward Franchising 