The Franchise Owner's most trusted news source


Log In / Register | Jun 26, 2017
General advice relating to the acquisition and opration of franchises, primarily from a legal perspective.

Jim Delligatti's Big Mac Class

When franchisee Jim Delligatti, who passed away earlier this week, created the Big Mac in 1967 it was a clear illustration of the high value of two-way communication within an organization: from frontline to corporate, from corporate to frontline.

Franchisee Prevails Early on Covenant of Good Faith and Fair Dealing Claim

One of the few tasks more daunting than trying to get Kant, Nietzsche and Plato to agree on a definition of ‘the good life’ is that of struggling to get two courts to agree on the legal meaning of the covenant of good faith and fair dealing. Indeed, some courts vociferously object to using the phraseology itself, arguing that the word ‘covenant’ must be replaced by the word ‘duty.’

Chicken or Egg Site Selection and Leasing - Which Comes First, Finding a Franchisee or Finding a Site?

 

Chicken or Egg Site Selection and Leasing – Which Comes First, Finding a Franchisee or Finding a Site?

How Luck Plays a Role in Your Wealth

A Cornell economist suffered cardiac arrest while playing tennis. Out of sheer luck, he received quick medical attention and is alive today because of it, beating high odds of a quick death.

How You Can Become a Morning Person

“Early to bed, early to rise, makes a man healthy, wealthy and wise,” said Founding Father Benjamin Franklin. Those are pretty big promises just for one's sleeping habits, but Ben is second in esteem among the Founding Fathers only to George Washington in the eyes of many historians and others familiar with Revolutionary times.

Judge Allows Class Action Worker Wage Theft Litigation to Proceed

Photo: McDonald's Workers Take a Break

A district judge in California ruled last week to allow a class action lawsuit alleging wage theft to go forward, even though he remained unconvinced that McDonald's Corporation exercises enough control over working conditions in the franchise stores to be held liable for fair wage and overtime claims.

 

In Franchising Some Things Never Change

 In my first book Franchising from The Inside Out, I presented The 10 Commandments of Franchising. Now twelve years later, I believe these remain as true today as they did then. I’ve edited them to highlight the most important ones.

Franchisees, Negotiate the Rental Rate

It should come as no surprise that rent can be one of your three major business expenses, if not the largest.