We haven't yet seen
other franchisors take up this legal battle — do you feel like a lone voice in the wilderness?
Dawson adds, «We're a little «higher touch» than many
other franchisors are today.
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.
In talking with
other franchisors, I'm somewhat surprised at how few of them engage in the «what if «business transfer discussion with prospective franchisees.
Answering this question is important because different franchisors have different restrictions on selling to
other franchisors, for instance, and some franchise businesses aren't even scalable in the first place.
These documents cover multiple topics, including site selection, assistance in putting together a business plan, training on how to run the business and many
other franchisor responsibilities.
Not exact matches
Your
franchisor is one possible source, and small - business loans may be available from
other lenders if the brand you're franchising has a strong track record.
Since
franchisors can depend on their franchisees to undertake site selection, lease negotiation, local marketing, hiring, training, accounting, payroll, and
other human resources functions (just to name a few), the
franchisor's organization is typically much leaner (and often leverages off the organization that's already in place to support company operations).
By using
other people's money, the
franchisor can grow largely unfettered by debt.
Meanwhile, in
other cases such as Domino's recent sexual harassment lawsuit, franchisees have been deemed completely independent of
franchisors» control in employee matters.
Item 6:
Other Fees Don't make the mistake of thinking your financial obligation to the
franchisor ends when you pay the franchise fee.
That could make corporations like McDonald's and
other large
franchisors liable in worker lawsuits, and potentially responsible in any collective bargaining activity.
If you have an «exclusive» or «protected» territory, it may prevent the
franchisor and
other franchisees from opening competing outlets or serving customers in your territory, but it may not protect you from all competition by the
franchisor.
Are they sufficient to support you and all the
other new outlets the
franchisor plans to open?
Franchisors are required to supply a franchise disclosure document, which contains information on the backgrounds of the executives involved in the franchise company and
other information.
Is the franchisee required to purchase equipment and supplies from the
franchisor or
other suppliers?
Among
other things, the Act requires the
franchisor to:
«I love franchising because it's a business relationship where two businesses work together to help each
other to succeed — the franchisee and
franchisor — it is a relationship similar to a partnership and there are a lot of challenges.»
For their own protection, lawyers who represent
franchisors must thoroughly explain to them, among
other things, the disclosure requirements and the severe consequences of inadequate disclosure.
You would be the
franchisor, the person granting the franchise, the
other person the franchisee.
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.
We have extensive experience assisting shareholders, partners, creditors, joint ventures,
franchisors / franchisees and
other business stakeholders resolve their disputes.
Among our clients are oil and gas companies, real estate developers, builders, property management companies, homeowners associations, nonprofits, Internet companies and
other technology providers, import / export businesses, healthcare providers, trucking companies, general contractors and subcontractors,
franchisors and franchisees.
The
franchisor had started to trade as Caspian Pizza in Birmingham in 1991 and had opened
other outlets in the West Midlands.
The Court found a number of deficiencies in the disclosure provided by the
franchisor, including failure to provide: (1) the financial statements of the
franchisor; (2) the lease or sublease relating to the premises where the franchise operated and an estimate of the costs for such a lease; (3) the Directors» Certificate; and (4) various
other agreements relating to the franchise.
James represents creditors, debtors, secured, lenders, mortgage companies, landlords,
franchisors, bankruptcy trustees and
other business enterprises in chapter 7 and chapter 11 bankruptcy cases and in assignment for the benefit of creditors cases.
On the
other hand,
franchisors may be faced with an (additional) investment compensation in case of termination of the contract.
Among
other things, the decision in this case did not address the effect of the personal guarantee that the franchisee's individual principals signed, and whether this was done under a condition in the original franchise agreement, or whether this was a new condition that the
franchisor may have imposed at the time of the resale.
A
franchisor is wise to strictly follow the notice and any
other formal requirements set out in the franchise agreement to effect termination.
To determine whether the
franchisor broke the franchise agreement, a franchise lawyer needs to extensively analyze all the terms and conditions of the franchise agreement and all
other franchise contracts, as well as obtain from the franchisee all relevant facts about the allegations.
At most, it has clarified that these implicit duties are general in nature and can be invoked in franchise contexts
other than the particular fact pattern in Provigo, which was one of direct competition by a
franchisor with its own franchisees.
At a case conference several days before the hearing of the contempt motion, Mr. Justice Myers, who presided over both the injunction and contempt hearings, made an interim order in addition to the injunction order, again requiring the franchisees and their two principals to, among
other things, cease operating the two franchised business and transfer control to the
franchisor.
«There is still a lot of uncertainty regarding what must be disclosed, and regarding some
other issues in terms of franchise liability,» she says, noting that rulings have sometimes been contradictory, and the arguments from franchisees can «create too many difficulties and burdens» for
franchisors.
Hilton has 730 hotels comprising some 100,000 rooms in its development pipeline, the largest ever for the 87 - year - old
franchisor of Homewood Suites, Hilton Garden Inn, Hampton Inn and
other well - known flags.
He also hopes to bring
other GMAC - branded services of the U.S. - based
franchisor into the country soon, including mortgaging and insurance.
Finally, being both a broker and a
franchisor providing services to
other brokers, we can see the very real potential and rewards of being committed to what we do.
By carefully drafting the use clause so as not to be overbroad but to include clear and precise uses,
franchisors can, in many instances, co-exist with
other similar retailers even where those retailers have exclusives.
He is an affable franchise veteran with senior marketing and operations experience at Starwood Hotels & Resorts Worldwide, the
franchisor of iconic brands Regis, The Luxury Collection, W Hotels, Westin, Le Meridien and Sheraton, among
others.
As a
franchisor in the hotel industry, our partners were
other large public companies, and I didn't anticipate until I got here that this industry is about entrepreneurship, or family - owned, multi-generational businesses.
«This is consistent with the growth in popularity of local restaurants, locally - branded divisions of major hotel
franchisors, and
other locally - sourced retail goods and services that offer the brand differentiation and community roots that appeal to many of today's consumers, as compared to big box brands of the past.»
Or will the purchase of upscale Coldwell Banker — or any
other company — by the world's biggest hotel
franchisor go largely unnoticed by practitioners and consumers?
While
other companies and
franchisors are working toward earning the attention of the industry, a growing number of real estate professionals looking for a new place to call home are seeking out the iconic CENTURY 21 ® brand, which is known in the market as a community of like - minded entrepreneurs who ideate and share best practices.
There is widespread industry speculation that at least one and possibly two
other franchises are seriously considering the creation of a «buying entity» — that is, an arm of the
franchisor that buys realty companies for the
franchisor — that will play a role similar to that performed by the National Realty Trust for HFS Inc..
The ERA purchase could build momentum to help HFS pull
other real estate
franchisors into its fold, he says.
,
Other Information: Interstate Access, Appliances: All Stainless Steel Kitchen Appliances, Bath Amenities: Double Shower, Age: 41 - 50 Years, Disability Access and: No, Garage On - Site: Yes, 1st Floor Bedroom, Offered for Sale or Rent: No, Additional Rooms: Office, Additional Sales Information: None, Recent Rehab (Y: Yes, Additional Rooms: Balcony, Additional Rooms: Foyer, Balcony, Hardwood Floors, Porch, Cathedral Ceilings, Fireplace Location: Living Room, 2nd Floor Laundry, Bar - Wet, Additional Rooms: Walk In Closet, Laundry Flooring: Hardwood, Is Parking Included in Price: Yes, Appliances: High End Refrigerator,
Franchisor Feed (y: No, Garage Ownership: Owned, Laundry Level: 2nd Level
It paints a comprehensive picture of an amazing real estate
franchisor, its colorful chairman, Dave Liniger, and
other key contributors who represent the thousands of individuals who have been critical to the network's success.
When the National Association of Realtors decided last year that
franchisors like Century 21 would be allowed to publish IDX listings in any markets where they had affiliated brokers, Horning and
other brokers protested the move.
BHGRE joins a number a number of
other national
franchisors who offer RPR company branding, such as Coldwell Banker, RE / MAX, Weichert Realtors, ERA, and EXIT Realty.
The Hospitality Group advises owners, managers,
franchisors, developers, and lenders with respect to hotels and
other hospitality and leisure businesses in Canada.
Our members are cutting edge real estate broker - owners, real estate
franchisors, mortgage lenders / brokers, title insurers / agents, home builders, home warranty companies, and
other settlement service providers throughout North America.