Entrepreneurs commonly ask us:

Can I franchise my _________ business?

They may be bakers, brewers, hotel owners, or yoga instructors. Franchising is the business relationship between a “franchisor” (the party that owns a brand) and a “franchisee” (the party obtaining the right to use the brand at another location). The franchisor permits the franchisee to sell…

Most startup franchisors – and established franchisors for that matter – receive inquiries from prospective franchisees looking to buy a franchise. Some may be merely kicking the tires, whereas others are bona fide entrepreneurs who could be the next great addition to your growing brand. After receiving an inquiry to purchase a franchise, usually through…

SotaRol Asian Kitchen is a new franchise offering that provides a new twist to the growing fast casual market. The restaurant opened its first location in the upscale 50th & France neighborhood of South Minneapolis in November 2015, reinventing how people eat Asian food. SotaRol offers “SotaRitos,” essentially a sushi burrito, as well as sushi rolls and…

“How much can I make?” That is typically the first question a prospective franchisee asks when evaluating a franchise opportunity. If you are considering franchising your business, ask yourself whether you have financial information you can, and want, to provide to prospective franchisees that will answer this question.

By law, a franchisor can only give financial…

The possibility that a franchisor could be pulled into a claim or lawsuit originating from a franchisee’s location continues to grow and evolve. This vicarious liability exposure is an increasing risk that franchisors need to know about and manage.

From an insurance standpoint, we’re frequently asked for the best practices on how to mitigate and reduce…