Spadea Lignana

27 02, 2021

Legal: What Business Are You In?

2021-02-27T22:25:18-05:00February 27th, 2021|Tags: , , , |

Seems like a simple enough question. However, I think many franchisors forget they are in two businesses. One is the underlying subject matter expert on the service provided to consumers, such as a restaurant, gym, roofing, etc. But the second, and increasingly more important, as your system grows, is the business of franchising. By Tom Spadea


30 01, 2021

COVID-19 Impact on Your Item 19

2021-01-30T14:24:23-05:00January 30th, 2021|Tags: , , |

It’s that time of year again when most franchisors are starting to finalize their FDD and think about how to show their 2020 unit level results in their Item 19. I have been asked this question by enough clients over the last few months that I thought it made sense to share our perspective. For starters, Covid-19 didn’t impact franchisors equally. By Tom Spadea