Month: April 2020

big building

Licensing vs Franchising: What is the Difference?

During intense research on starting or growing a business, individuals may come across the concept of licensing and franchising. Franchising and licensing have some similarities, but they are quite different. Because of this, it’s vital to have a reliable legal team such as  Rod Hatter & Associates to have the proper contracts and agreements to …

Licensing vs Franchising: What is the Difference? Read More »

money in briefcase

What are the Best Financing Options for a Franchising Business

A franchise offers independence and opportunity of owning a small business as well as the infrastructure and support from a large corporation. This is an excellent opportunity for anyone who wants to become an entrepreneur. However, opening up a franchise requires a significant investment capital, which includes franchise fees, advertisement costs, and royalty fees plus …

What are the Best Financing Options for a Franchising Business Read More »

shake hands

What You Need To Know About Franchise Agreements

A franchise agreement is a document that outlines the franchisor’s terms and conditions for a franchisee, and it’s usually legally binding. Every franchise abides by these terms that are outlined in a written agreement between two parties. The franchise agreement is made at the same time the individual decides to join the franchising journey. Since …

What You Need To Know About Franchise Agreements Read More »