Being a franchisee has a lot of benefits. You’re a brand name people trust and you’ll already have a line of loyal customers at your door when you open. You’re in a heavily researched location proven to be successful for what you’re about to start selling and you have franchisors to help you train your …
What is A Franchise Fee? A Guide To Franchise Fees and Expenses Read More »
Investors are drawn to food franchises because they’re a very lucrative business with a lot of marketing power behind them. They often have a loyal following and a huge customer-base in their strategically chosen location, meaning it’s almost a guaranteed success if done correctly. Fast growth and capital are some of the biggest benefits of …
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 »
According to International Franchise Association, there are over 733,000 franchise establishments in the US which have provided over 7.6 million jobs and generated over $674.3 billion to the economy. The franchising industry has played a significant role in providing jobs, new markets, brand awareness, and more opportunities. Because of the impact that it has on …
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 »
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 »
Opening a franchise can be a dream come true. Unfortunately, the cost can be astronomical as fees begin to accumulate. Keep in mind that there is not a set price on how much it costs to open up the business. It varies from one franchise to another. It depends on the location, number of workers, …
Franchising Basics: The True Cost to Open a Franchise Read More »
Starting a franchise is a lucrative opportunity that many business owners consider once they begin turning a high profit. A franchise holds the potential for a higher profit margin and name recognition. If you are interested in starting a franchise, here are 15 easy steps. This is the time to be creative and to take …
Franchisors operate a business by selling franchise opportunities to franchisees. After signing an agreement, a franchisee gains the rights to run a franchise location with certain regulations and obligations. The franchisee pays a franchisor a one-time fee and an ongoing royalty fee. There is a significant difference between a franchisor and franchisee. When it comes …
What Is The Difference Between a Franchisor and Franchisee Read More »
What do BJ’s, Olive Garden, and Applebees have in common? They are all very successful franchise restaurants that everyone can’t stop talking about. It might be a lucrative financial opportunity to own a restaurant, but expanding it into a franchise can lead to even more creative possibilities and economic profitability. A lot of people might …
The law offices of Rodney R. Hatter & Associates were established in 1985 and are located in Orange County, California. We are licensed to practice law in the State of California, but our clients have headquarters on both coasts and many places in between.
4000 MacArthur Blvd.
East Tower, Suite 600
Newport Beach, CA 92660
Phone: (949) 376-9977
Fax: (949) 494-3448
Email: rodhatter@fran-law.com
