Blog & News - Page 7 of 11 - Luther Lanard, PC

Transferring your Franchise? How to Get the Franchisor’s Consent

It’s possible, even probable, that during the course of your franchise agreement, you’ll want to transfer or assign your franchise. Whether this is an assignment to heirs or a cash-out to...

The Inadvertent Franchise – Are You a Franchise Without Knowing It?

How do you know when a license agreement qualifies as a franchise? Under federal and state law, the bar to qualify as a franchise is quite low, and many business arrangements may be surprised to...

Buying a Franchise Business? A Legal Overview of the Franchising Relationship

Why is franchising important? According to the U.S. Census Bureau Report (2017 Economic Report), 11.4% of all businesses are franchises. Franchises are present in 295 countries with over 498,000...

Understand the legal elements of a franchise agreement

On Behalf of Lanard and Associates | Aug 4, 2016 | Firm News “Trust but verify.” That phrase is most associated with the Cold War era, but it also makes practical sense in the modern world for a...

What is an estoppel certificate in a commercial lease, and why is it required?

On Behalf of Lanard and Associates | Aug 4, 2016 | Firm News An estoppel certificate is a statement signed by a tenant that a commercial lease agreement exists, that specific facts of the agreement...

10 key tenant considerations for retail business leases

On Behalf of Lanard and Associates | Aug 4, 2016 | Firm News The success of your franchised business depends upon many factors. Finding a preferred location is a crucial step for establishing a...

Understanding percentage rent in a commercial lease

On Behalf of Lanard and Associates | Aug 4, 2016 | Firm News Entering into a commercial lease can be an exciting endeavor for you and your business. Signing a lease is the next step needed before...

What do landlords typically include in operating expenses?

On Behalf of Lanard and Associates | Aug 4, 2016 | Firm News Navigating a commercial lease always comes with challenges. Despite seeming to be boilerplate, most of the lease will be negotiable. One of...

Choosing the right business entity as a franchisee

On Behalf of Lanard and Associates | Aug 4, 2016 | Firm News Purchasing a franchise can be the beginning of an exciting journey. You have the opportunity to invest in a proven brand while creating a...

What is the significance of a personal guaranty in a lease?

On Behalf of Lanard and Associates | Aug 4, 2016 | Firm News A commercial lease can be an essential part of getting your business to the next level. Whether you are looking for your first...