If you own or operate a franchised restaurant, or are a franchisor of franchised restaurants, simply keeping your business operating smoothly is a lot of work. Food ordering, managing schedules
Continue Reading Helpful Tax Tips for Restaurant OwnersRegulatory Compliance
Franchising Is Safe from the National Ban on Non-Compete Agreements. Right?
By now you’ve probably heard that the Federal Trade Commission (“FTC”) adopted a new rule severely restricting the use of non-compete agreements in the United States. You also might have…
Continue Reading Franchising Is Safe from the National Ban on Non-Compete Agreements. Right?Action by Indiana Securities Division Reminds Franchisors to Watch Those Item 7 Estimated Initial Investment Numbers
The Securities Division of the Indiana Secretary of State issued a press release this week announcing that it filed an administrative complaint against Florida based Mac and Cheese Franchise Operations…
Continue Reading Action by Indiana Securities Division Reminds Franchisors to Watch Those Item 7 Estimated Initial Investment NumbersCalifornia Paves Way for Franchise Broker Registration and Disclosure Model
Back in December 2022, we published a blog informing readers that guidance on franchise sales brokers and agents may be on the horizon. The North American Securities Administrators Association’s (“NASAA”)…
Continue Reading California Paves Way for Franchise Broker Registration and Disclosure ModelIs it time to Franchise My Business – Part I?
You are an entrepreneur. You created, founded and currently operate a successful and vibrant business. Perhaps customers, family members, or friends are loyal fans of your brand and are approaching…
Continue Reading Is it time to Franchise My Business – Part I?Franchise Renewal Season is Coming so What’s New with FRED?
Last year, the North American Securities Administrators Association’s (NASAA) launched the Franchise Electronic Filing Depository System (“FRED”), the nationwide online filing portal for state franchise registration and exemption filings. Going…
Continue Reading Franchise Renewal Season is Coming so What’s New with FRED?Washington Moves to Adopt NASAA SOP
This week the Washington Securities Division announced that it is considering an amendment to the Washington Administrative Code (“WAC”) to formally adopt the Statement of Policy Regarding the Use of…
Continue Reading Washington Moves to Adopt NASAA SOP(Updated) Not So FAST: FAST Recovery Act on Pause until 2024 Referendum
Contributed by Gabrielle E. Gordon.
On Labor Day, California Gov. Gavin Newsom signed the Fast Food Accountability and Standards Recovery Act (FAST Recovery Act), which authorized the California Department…
Continue Reading (Updated) Not So FAST: FAST Recovery Act on Pause until 2024 ReferendumPOOF! There goes 500 years of jurisprudence. . .
The FTC nixes non-competes
One of the earliest reported cases challenging a non-compete clause was Mitchell v. Reynolds, 1 P. Wms. 181, 24 Eng. Rep. 347 (Q.B. 1711). The clause…
Continue Reading POOF! There goes 500 years of jurisprudence. . .Update: This New Year’s Eve say Auld Lang Syne to Old Franchise Questionnaires and Acknowledgements
This fall we posted about the North American Securities Administrators’ (NASAA) adoption of a Statement of Policy Regarding the Use of Franchise Questionnaires and Acknowledgments (the “SOP”). Technically, NASAA’s SOP…
Continue Reading Update: This New Year’s Eve say Auld Lang Syne to Old Franchise Questionnaires and Acknowledgements