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Log In / Register | Oct 23, 2017
General advice relating to the acquisition and opration of franchises, primarily from a legal perspective.

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.

Restaurants that Banned Trump, Cops, Sparked Backlash

Restaurant owners who feel so strongly about their political views that they ban Donald Trump or the police can provoke a strong reaction.

Importance for Franchise Tenants of Time, Timelines and Timing with Commercial Leases

In Negotiating Commercial Leases & Renewals for Dummies, it is shown that the leasing process can take differing amounts of time, depending on whether you are opening your first or fifth franchise store location.

Choosing the Right Lease Term (Length) for Your Commercial Location - For Franchise Tenants

This is one of those subjects that cause many lightbulbs to go on in the minds of those tenants attending our leasing seminars.

Words of Wisdom from Buffett and Bloomberg

While at a Goldman Sachs small business event in New York on Tuesday, Warren Buffett, CEO and chairman of Berkshire Hathaway; Lloyd Blankfein, CEO of Goldman Sachs; Michael Bloomberg, founder, CEO and owner of Bloomberg, LP; and Jack Dorsey, CEO of Square and Twitter; gave some words of business wisdom to the audience.

North Carolina HB2 Bathroom Brawl Goes Beyond Transgender Issue

CHARLOTTE, North Carolina – North Carolina Gov. Pat McCrory last month signed into law House Bill 2, which requires individuals to use the public bathrooms, locker rooms and showers that fit the gender recorded on their birth certificates. While this action has caused outrage across the country from celebrities, corporate giants and government officials, declaring the bill will discriminate against the LGBT community, it is important to look at the actual bill.

Preleasing Undeveloped Property for Franchise Tenants

As either a new or existing franchise tenant, you may be tempted to prelease undeveloped property (to open a new store or move your store to). As explained in the book, Negotiating Commercial Leases & Renewals FOR DUMMIES, this is potentially the most unpredictable lease agreement for a tenant to enter into.