franchise attorney

30 03, 2022

Legal: When Should You Start Your Brand Fund?

2022-03-30T14:59:08-04:00March 30th, 2022|Tags: , , , , |

As the old saying goes, the best time to plant a tree was 20 years ago. The next best time is today. Many emerging and startup franchisors hold off on collecting their brand fund fees because they don’t have a plan for the money, and they are still getting used to being franchisors. By Tom Spadea

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1 01, 2022

Legal: What Does Winning Look Like?

2022-01-01T19:11:39-05:00January 1st, 2022|Tags: , , , |

Franchising is about creating a community of business owners working out of the same system and sharing the same goals, metrics, brand, system, etc. It is franchise malpractice to not have your franchisees reporting their numbers in a uniform way, which starts with a standard chart of accounts for your franchisees. By Tom Spadea

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30 09, 2021

Monetize Your Losses

2021-09-30T19:48:44-04:00September 30th, 2021|Tags: , , , , , |

It is so tempting for a franchisor to only tout what they do well, the good decisions they have made, and the incredible systems they have built. Although it may sound counterintuitive, a big part of the value of experienced brands comes from all the things they didn’t do well over the years. By Tom Spadea

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