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Important things to consider in a franchise contract

Owning a franchise can be incredibly rewarding, but it can also be incredibly risky. The first risk that franchise owners will encounter comes in the form of their franchise contract. Signing a contract that is not to your benefit can be perilous to your financial success. And many franchise contracts are skewed in favor of the franchise company, not the owner.

Tips for female franchise owners to empower other women

In the past year, there has been extensive public discussion on female parity in the workplace. The business world may still be dominated by men, but women are making significant headway. Female entrepreneurs are steadily becoming more powerful, paving the way for other business-minded women.

Franchise industry set for strong growth

The franchise industry is set to have a good year. The 2018 Franchise Business Outlook has been published by the International Franchise Association (IFA), and the industry’s growth looks very optimistic. According to the association’s research, the franchise industry is expected to expand for the eighth straight year. The IFA estimates that franchise output will increase by 6.2 percent to a whopping $757 billion.

2 things to consider about franchise contract negotiations

Franchises are one of many opportunities people in the Atlanta area can use to start their own businesses. If you are thinking about purchasing a franchise, try to not focus on the potential profits and what you plan to do with them. Just like any kind of business arrangement, a little preparation and negotiation can help to protect your interests and improve your chances of success. 

Understanding the costs important when joining a franchise

Individuals looking to operate their own business have various options for branching out into the business world. One is to join a franchise. Some might find this an attractive option as compared to trying to build a business completely from scratch. Becoming a franchisee can have many benefits, including getting to be connected to an already established brand.

Fitness industry seeing a lot of franchise growth

Fitness has been a booming business here in the U.S. in recent years. And one sector of this industry that has been seeing some particularly significant growth lately are franchises. Recent years have seen franchise growth coming in faster than industry-wide growth within fitness. And some estimates are predicting that this will continue. According to one set of recent estimates, franchise brands will see about double the growth rate of the fitness industry in general between now and 2022.

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Robert Kaufman has been selected as a 2013 Top Rated Lawyer in ‘Commercial Litigation’ as will be published in the May issue of The American Lawyer & Corporate Counsel magazine.Alex Kaufman has been selected as a 2013 Top Rated Lawyer in ‘Commercial Litigation’ as will be published in the December issue of The American Lawyer & Corporate Counsel magazine.

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