Blog & News - Page 10 of 17 - Luther Lanard PC

Defining territorial rights in a franchise agreement

Opening a franchise is a dream come true for many aspiring entrepreneurs, especially if your hard work – up until now – has mostly helped pad someone else’s bank account. But the potential...

The last year has been challenging for all types of business owners. Although franchisees have support from a larger organization, it can be troubling when there are no customers coming in the door....

Employees can be an essential part of operating your franchise. Along with managing employees comes dealing with issues governed under the federal Fair Labor Standards Act (FLSA). Recently, the...

Franchise accounting is an area with many nuances. As times change, so do the regulations and guidelines that franchise accountants follow. Over the last several years, ASC 606 has been going through...

If you are searching for commercial real estate to commercial lease for your business, you already likely know that the new space will need moderate or significant modifications to fit your...

When it’s time to make a deal, parties must negotiate a letter of intent, conduct detailed due diligence, and carefully review the purchase agreement. Below, we’ve discussed the selling process in...

Selling a franchise business is unique and presents issues not commonly found in the sale of an independent company. The process is complex, and while parties must pay particular attention to every...

The funds collected to market or advertise a franchise are important to business growth, but are often a controversial subject between franchisees and franchisors. While marketing efforts, such as TV,...

Since its enactment in 1978, the Petroleum Marketing Practices Act (PMPA) has been extensively litigated. The litigation process is complex, and courts have the important responsibility of determining...