Sentences with word «franchisor»

A franchisor is a company or individual who grants the right to other individuals or businesses to operate their established brand or business model in a specific area. They are the ones who own the brand or business and give permission to others to use it. Full definition
It is therefore advisable for franchisors in Quebec to consult with their legal counsel as to whether the exclusions in their agreements are broad enough to exclude such implied obligations.
Life may soon get a little easier for franchisors doing business in Ontario.
Indeed, in 1984, REAL Trends, an industry newsletter, cited seven of the largest real estate franchisors with controlling 22 percent of all residential transactions.
The event rivaled the size of national agent - focused conventions held by franchisors such as Re / Max and Better Homes and Gardens Real Estate.
We want groups who have or can readily put an organization in place that understands the ins and outs of the food business, preferably candidates who have also dealt with franchisors in the past.»
It can be a useful legal tool for franchisees as well as franchisors — the former, if rescission (or rescission alone) is not viable; the latter, as a potential defence platform against a fatal rescission claim.
The most common questions I hear from franchisors are usually related to growth strategy.
Second, experienced franchisors provide specific instructions for launching the business.
«If the courts do not like what franchisors do in situations that might require a system change... then Dunkin' Donuts might have applicability.
An Ohio federal court has considered allegations made by a national franchisor of real estate brokerages against a large real estate brokerage firm operating in Ohio arising from a 2000 settlement agreement between the parties
Under Smith's leadership, Realogy and Cendant Real Estate developed the premier set of businesses in residential real estate services, including the world's largest franchisor of residential real estate brokerages and the largest owner of U.S. residential real estate brokerage offices, together with the highly synergistic businesses of Cartus and TRG.
This places CMIT Solutions among the top tier of franchisors who take the opinions of their franchise partners seriously and are committed to the continuous improvement of their programs and processes.»
I specialize in mediating disputes between franchisors and franchisees.
She was looking for a women's resale shop concept when Winmark, the Minneapolis - based franchisor of Once Upon A Child, announced its launch of Style Encore.
That's one area where franchisors need to help guide franchisees, especially if they don't have a lot of experience in marketing.»
Vanden Broek and Goulart were formerly the master franchisors for GMAC Real Estate Canada and the two are hopeful other GMAC franchises in Canada will opt to move under their new Better Homes and Gardens Real Estate Canada umbrella.
The Commercial Capital Training Group (CCTG) offers the support network and full training that people seek when looking to buy franchise businesses, but CCTG does not have the added costs for marketing, business owners can run operations out of their homes, and the investment is well below what most franchisors offer.
Personal Career Management are also members of the British Franchise Association (the BFA) and operate their own franchise network, so have an understanding of what franchisors look for when they consider potential franchisees.
While the franchisee's key consideration may be «location, location, location,» lawyers acting for both sides of a franchise transaction should be much more wary of ensuring that their clients are aware of the disclosure obligations which the Act (and the courts) have placed on franchisors.
The luncheon's keynote speaker was Richard Smith, a CSU alumnus and the chairman, CEO and president of Realogy Holdings Corp., the leading franchisor of real estate brokerages in the world, including such brands as Better Homes and Gardens Real Estate, Century 21 Real Estate, Coldwell Banker and ERA.
Our experience in representing many franchisors in many industries has given us the perspective and experience to help our clients address each of the unique issues that periodically arise in the operation of a franchise system.
RE / MAX was founded in 1973 by Dave and Gail Liniger, real estate industry visionaries who still lead the Denver - based global franchisor today.
The defendant franchisor argued that it was not required to provide disclosure to the plaintiffs due to its minimal involvement in the sale transaction, or in the alternative, it provided satisfactory if imperfect disclosure which would only entitle the plaintiffs to rescind the franchise agreement within sixty days of receiving the disclosure documents (which had elapsed).
In part 1 of our interview with franchise lawyer, Chris Horkins, we talk about whether franchisors have a legal obligation to protect their brand strength.
Its portfolio contains 125 Canadian hotels plus a 50 % interest in the largest hotel franchisor in Canada.
«As a franchisee, you not only have to operate your own business, but [you have to do so] within the confines of the franchise system, so it is a compromise,» notes Fittante, who represents franchisors in his practice.
A successful franchisor also «needs to understand that franchisees are not direct employees,» Olson says.
Successfully opposed attempt to certify proposed nationwide class action brought by franchisees against franchisor alleging claims for, among other things, fraud, negligent misrepresentation, and breach of contract.
Following the 2011 Midyear Meetings, the NAR Leadership Team appointed a presidential advisory group («PAG») to address several aspects of the IDX policy including a provision allowing franchisor display of IDX listings.
While franchisors often work to simplify business operations, even the simplest business model requires some intelligence to run.
It's all about leverage — from day one, we work hard to drive down your costs, increase your margins, and provide the kind of benefits that other franchisors don't offer.
Struggling food franchisor Retail Food Group may have to close more than 400 stores over the next two to three years and pull back on new store openings, according to a report by UBS.
Most franchisors offer classroom and hands - on training programs that last one to five weeks.
We asked franchisors what they want in franchisees, and 4 qualities rose to the top.
Many franchisors require serious prospects to travel to their home office to meet their management team.
He has advised several of the most successful franchisors of recent years from inception through to the maturity of their franchise networks.
We become a stronger, better franchisor when we are in the trenches running our restaurants along with the franchise owners.
Franchisors know how important this input and influence can be.
Many new franchisors are surprised once they enter the competitive franchise marketplace.
Quebec - based Teasdale says the Dunkin' case raised issues about franchisors» obligations and how they protect their brand.
In addition, having access to the various business practices of major franchisors gives TA an edge over its competitors.
Shares in food and coffee franchisor Retail Food Group fell 10 per cent after the company trimmed profit growth forecasts and flagged writedowns.
For these reasons, the Ontario government introduced comprehensive legislation, known as the Arthur WIshart Act, designed to ensure that potential franchisees are properly informed about the franchise system they are entering, and to provide protections and remedies when franchisors engage in misrepresentation or operate in a way that is unfair to their franchisees.
Everyone knows that researching the market is extremely important, but I would also recommend researching the potential franchisor thoroughly as well.
Attorney Knack is often approached by companies considering expanding their operations by becoming franchisors.
From my point of view, everyone who isn't rebuilding their model around teams and away from big franchisor GCI (Gross Commission Income) fees is a dinosaur.
In some cases, franchisors give members of the management team veto power over franchisee acceptance.
The BPP is backed by 115 MLSs and real estate companies, including franchisors, independent brands, big brokers, and small brokers, operating in diverse markets across the country and collectively representing over 500,000 real estate agents.
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