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Author Archives: R. Scott Caulkins

How Much Can a Franchisee Expect to Earn – New Disclosure Guidelines for Franchisors

Almost everyone considering purchasing a franchise business wants to know how much he or she can expect to earn. Federal and state franchise laws and regulations restrict the type and extent of financial performance representations franchisors can make to prospective franchisees. The restrictions are intended to protect prospective franchisees from pie in the sky promises… Read More »

TEN THINGS YOU SHOULD KNOW WHEN BUYING AN EXISTING FRANCHISE BUSINESS

By R. Scott Caulkins, Esq. The typical path to becoming a franchisee is to sign a franchise agreement with a franchisor and open up a new franchise location. In a new, start-up franchise system, this is likely to be the only path to becoming a franchisee. But in an established franchise system with many existing… Read More »

Frequently Asked Questions about Franchising

By R. Scott Caulkins What is a franchise, and how does a franchise work? A franchise is a business relationship that is created so that goods and services can be distributed by way of a proven business model. Federal and state laws vary in the way the word “franchise” is defined, but generally a franchise… Read More »

Highlights of the 2015 Amendments to Federal Rules of Civil Procedure

The most recent amendments to the Federal Rules of Civil Procedure became effective on December 1, 2015. The amendments are to Rules 1, 4, 16, 26, 30, 31, 34, 37, 55 and 84. The amendments are intended to help reduce the expense of litigation, expedite cases by shortening certain time periods, and provide more uniformity… Read More »

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