Shop Talk October 2020

1 10, 2020

Women in Franchising: By the Numbers

2020-10-01T00:59:40-04:00October 1st, 2020|Tags: , , , |

The number of women in the franchising industry continues to grow. Today, women either own or co-own about 265,000 franchises in the U.S. To give that figures some context, that’s approximately 35% of all U.S. franchise outlets, up 24% from just a decade ago. But these numbers represent a mere snippet of the impact women are having on the franchising industry and the wider business world. By Sue Bennett

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1 10, 2020

Valuing Your System: The Devil is in the details

2020-10-01T00:41:47-04:00October 1st, 2020|Tags: , |

Every month I sit down to write a column about the things that are important and impactful to a franchisor from my perspective as a franchise attorney. This month, I decided that nothing says it better than one of my favorite phrases; the devil is in the details. And the details that trip up many franchisors are the state of their franchise agreements. By Tom Spadea

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1 10, 2020

Weighing The Options For Using Retirement Funds

2020-10-01T00:38:10-04:00October 1st, 2020|Tags: , , |

Now may be the perfect time to consider utilizing qualified retirement funds to capitalize on your dream of business ownership. Thousands of entrepreneurs have chosen to use Rollover for Business Startup (ROBS) to start their business tax-deferred and penalty-free. To find out if this is the best solution for you, lets review the advantages and disadvantages. By Sherri Seiber

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30 09, 2020

Why We Need Failure to Succeed

2020-10-01T00:36:54-04:00September 30th, 2020|Tags: , |

When you hear that someone has failed, how does your gut react? Most people associate the word “failure” with negative feelings. Poll a hundred people, and you won’t find many who say they are okay with failing. Odd as it may sound, I am one of the few people who don’t mind failing. That’s not something people expect to hear from me. However, my definition of failure is most likely different than yours. By Alesia Visconti

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