by brentlevison | Jul 21, 2026 | Tips
At some point, most franchisees consider selling the business — whether to retire, move on to a new venture, or capitalize on years of built-up value. Unlike selling an independent business outright, transferring a franchise involves a layer of approval and process...
by brentlevison | Jul 16, 2026 | Tips
Franchisees typically operate through an LLC or corporation for liability protection — but franchisors commonly require a personal guaranty from the individual owner(s) as a condition of the franchise agreement, similar to how landlords require personal guaranties in...
by brentlevison | Jul 13, 2026 | Tips
A franchise agreement’s initial term eventually ends — and what happens next depends entirely on the renewal and termination language negotiated (or, more often, accepted as-is) at the start. These provisions determine not just whether a franchisee can continue...
by brentlevison | Jul 7, 2026 | Tips
One of the first questions any prospective franchisee should ask is: what geographic territory am I actually getting, and what protection does it provide against the franchisor opening another location nearby? The answer varies dramatically between franchise systems,...
by brentlevison | Jul 6, 2026 | Tips
Before any franchisor can legally sell a franchise in the United States, federal law requires them to provide prospective franchisees with a Franchise Disclosure Document — commonly called an FDD. It’s often hundreds of pages long, and most prospective...
