Category: Franchises

Best Business Entity Choices for Franchisees A person interested in starting a franchise business would be wise to research the legal options for formalizing their business entity. Not only do most franchise operators require a legally registered business entity, certain business entities can also limit the liability of the business and provide certain tax benefits to the owner or operator. The best business entity for a franchise will largely depend on the business owners appetite for risk, preferred...

A franchise may be the perfect way for budding entrepreneurs with little capital and/or little experience in operating a business to get started with their own business. When you choose to operate a franchise, a larger parent company agrees to permit you to sell their product or service – and oftentimes agrees to assist you in establishing and operating the business – in return for a certain amount of your business’s profits. Many fast food chains and local offices of national service providers...

Get Your Franchise Lawyer Involved Early  For some California residents looking to start a small business, a franchise makes perfect sense. There are many benefits to a franchise: not only are you able to sell a product or service with regional (if not national) brand recognition, but many franchisors offer incentives, financial assistance, and/or guidance for new franchisees. While California residents thinking about opening a franchise may believe that applying for and operating a franchise...