Buying a franchise? Learn how personal guaranties can expose you to obligations under the franchise agreement, lease, financing, and other contracts.
Rush on Business, published by Brick Gentry, focuses on legal issues affecting businesses, particularly in areas such as franchising, business formation, partnership and shareholder disputes, contract interpretation, employment policies, and regulatory compliance. The blog addresses practical concerns for business owners including risk management in franchise relationships, updating operating agreements and employment handbooks, and navigating new laws impacting business operations. It also covers dispute resolution strategies, emphasizing the personal and financial complexities of business conflicts. The content aims to provide actionable legal guidance tailored to the evolving needs of businesses across various industries.
Buying a franchise? Learn how personal guaranties can expose you to obligations under the franchise agreement, lease, financing, and other contracts.…
A major franchisee bankruptcy shows why buyers must look beyond brand recognition and carefully examine margins, profitability, and the FDD.…
What does it mean when a franchisor says it has never enforced a franchise agreement provision but will not negotiate the contractual language? Learn why written assurances help, but may not override the franchise agreement.…
Is a franchise agreement review by a lawyer worthwhile if the franchisor will not negotiate? Learn how legal review identifies risks, documents assurances, and helps franchise buyers make informed decisions.…
Rush on Business celebrates its 1,000th published post and looks ahead to its mission of providing practical guidance for franchisees, entrepreneurs, and closely held businesses.…
Can a franchisor refuse to renew an Iowa franchise? Learn about Iowa’s six-month notice rule, good cause requirement, new agreement terms, releases, and renewal risks.…
What happens when private equity buys a franchise system? Learn how new ownership may affect fees, support, vendors, growth, enforcement, and franchisee profits.…
The initial franchise fee is only the beginning of what a franchise costs. Learn how royalties, technology charges, required vendors, remodeling costs, and repeated fee increases can reduce franchise profits.…
Is your Iowa franchise in trouble? Learn how Iowa franchise law may affect defaults, termination, a sale, negotiated exits, and business closure.…
Learn how to evaluate a franchisor’s financial health, outlet turnover, support capacity, and FDD Items 3, 4, 20, and 21 before investing.…