5 Indicators of a Strong Franchise Opportunity

For some entrepreneurs, operating a franchise can be an ideal form of business. The low-investment nature of the system, pre-existing market base, established distribution channels, strong brand and product awareness, as well as the collective bargaining power makes it extremely appealing. However, how do we recognize a strong franchise opportunity that’s worth pursuing? This post

5 Common Reasons to End a Franchise Agreement Early

A franchisor and franchisee relationship is defined in the Franchise Agreement, which also outlines the length of the partnership, the regulations both have to follow and a contingency to end/terminate the agreement.  However, due to certain circumstances, either party may want to terminate the Franchise agreement

Top 7 Legal Considerations Before Buying a Franchise Business

Many believe buying a franchise presents an easier path to a successful and profitable business instead of starting your own company because you are purchasing an established brand with “turnkey” operations.  It sounds enticing, but in reality, investing in a franchise involves a myriad of legal

Share Purchase Vs Asset Purchase – Which is Better?

A business transaction may be structured in various ways to transfer the ownership of the business to the buyer. The most common forms are share purchases or asset purchases. You may want to consult with a legal professional to determine the appropriate structure because each structure

How Important is the Letter of Intent to Buy or Sell a Business?

A Letter of Intent (LOI) is a document that is used between two or more parties to set forth the key terms and conditions of a proposed transaction, without forming a legally binding contract. Why do I Need a Letter of Intent? The main purpose of

Getting Familiar with a Purchase & Sale Contract for 1st Time Buyers

The prospect of owning property for the first time is an exciting milestone in life. But many first time buyers have little to no knowledge about the standard terms of a Contract of Purchase and Sale, which can be an intimidating process for some. The following