If you think franchise compliance is just a box to check, think again. As part of my presentation on Annual Developments in Franchise Law at the most recent ABA Forum
Continue Reading Franchise Enforcement Trends: Are States Cracking Down on Non-Compliance?Corporate Transparency Act Back in Effect: March 21 Is the New Deadline to File Beneficial Ownership Reports
Contributed by Kevin M. Granahan and Christopher J. Pippett
The Corporate Transparency Act’s (CTA) reporting requirements are officially back in force, requiring non-exempt entities to disclose beneficial ownership information (BOI).
Continue Reading Corporate Transparency Act Back in Effect: March 21 Is the New Deadline to File Beneficial Ownership ReportsNon-Competes Under the Microscope: NASAA’s Latest Guidance for Franchisors
Recently, the North American Securities Administrators Association, Inc.’s (“NASAA”) Franchise and Business Opportunities Project Group (“FPG”) issued guidance on post-term non-compete clauses in the context of the franchise business model
Continue Reading Non-Competes Under the Microscope: NASAA’s Latest Guidance for FranchisorsAfter a Dizzying Series of Court Twists, the CTA is Halted. Again!
Key Takeaway: A Texas federal judge issued a nationwide injunction, but it was stayed by an appeals court. Now that stay has been lifted — so the injunction is in
Continue Reading After a Dizzying Series of Court Twists, the CTA is Halted. Again!Federal Appeals Court Stays Nationwide Injunction of Corporate Transparency Act
Key Takeaway: In response to the stay order, the government extended the January 1st filing deadline to January 13, 2025.
An appellate panel has stayed the nationwide injunction issued by a
Continue Reading Federal Appeals Court Stays Nationwide Injunction of Corporate Transparency ActHelpful Tax Tips for Restaurant Owners
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 Owners
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 Numbers
California 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?