Most people who come to us seeking to franchise their business know nothing about franchising and are usually inquiring because a customer asked if they could buy a franchise or because a friend told them they should franchise their business. The first thing I tell each prospect is that franchising is not easy,…

There are various steps you should take to ready your business for franchising. Many of the steps will add value to your existing business so even if you do not ultimately franchise they are still worthwhile. In any event, by completing these steps early in your franchising journey you will have a head…

Sometimes a prospective franchisee, after reviewing the form Franchise Agreement and ancillary contracts, may attempt to negotiate with you for concessions or to change the terms to suit their needs. Maybe the prospective franchisee wants a reduced initial or advertising fee or royalty rate, a revised territory that doesn’t squarely fit with how…

Most entrepreneurs looking to franchise their brand or concept retain a franchise consulting company or a franchise law firm to structure the franchise system (such as royalties and fees, territories, and sales restrictions), to document the structure (in a Franchise Disclosure Document and ancillary contracts), and to register the franchise offering in the…

Welcome to the Larkin Hoffman Franchise Blog. Whether you are considering franchising your business or have already done so, we hope you will find the information here to be helpful in making critical decisions for your business. We have been at this for a long time and we thoroughly enjoy discussing…