Author: Priority Clients

What Is a Franchisee Advisory Council?

In Franchise Law

  Many franchisors have established, or have reserved the right to establish, a Franchisee Advisory Council (“FAC”) on behalf of their franchise system.  A FAC is organized by the franchisor and consists of a group of franchisees whose general purpose is to communicate to the franchisor any issues they may have regarding the franchise system

Read more

Item 8: The True Cost of Required Purchases

In Franchise Law

Item 8 of the Franchise Disclosure Document (“FDD”) requires franchisors to disclose any restrictions on the sources you may use to purchase required products and services.  This Item provides such information as obligatory purchases, restrictions on sources of products and services, the amount of any revenue franchisors may receive from required purchases, and the existence

Read more

4 Professionals Your Franchise Needs for Success

In Franchisors

  Purchasing a franchise can be an exciting, but overwhelming endeavor.  It comes with inherent risk, but seeking guidance from experienced professionals can help you determine the expected costs and value, ensure you are legally protected, and are purchasing the franchise the right way.  Though this may add to the overall cost, it is well

Read more