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The Franchise Disclosure Document (FDD) and Why is it Important
The Franchise Disclosure Documents enable the franchisees to make well-informed and wise decisions on running a specific franchise.
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Owning a Franchise: Pros & Cons
Before you sign the dotted line to become a franchisee, you should weigh the pros and cons of establishing your own franchise.
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Joe Dye Culik
How to Do Due Diligence on a Franchisor When Buying a Franchise
How to Do Due Diligence on a Franchisor When Buying a Franchise
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Joe Dye Culik
What is a Franchise and Why it is Different?
What is a franchise and what are the specific requirements that must be met for a business to be a franchise?
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Joe Dye Culik
Franchise Territory: Item 12 of the FDD and What it Means for Your Franchise
Item 12 of the Franchise Disclosure Document is entitled “Territory.” Though it might sound simple, a franchisee’s rights to their territory
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Joe Dye Culik
Why Every Entrepreneur Should Run Their Business Like a Franchise
Many of fundamental concepts of franchising are applicable to virtually every business. Efficiency. Systems. Operations. These are the key.
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Joe Dye Culik
Three Defenses That Franchisees Have If Their Franchisor Sues Them
There are three of common defenses that franchisees can use to even the score if they are being sued by the franchisor.
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Joe Dye Culik
Reviewing a Franchise Disclosure Document: Item 2, Business Experience
The Franchise Disclosure Document that includes 23 sections – Item 2 of the FDD is called “Business Experience.”
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Joe Dye Culik
Researching Your Franchisor: Looking at the Item 3 “Litigation” Disclosure in a Franchise Disclosure
The Franchise Disclosure Document (FDD) given to you before purchasing a franchise, there are 23 sections. Know who you are dealing with.
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Joe Dye Culik
Lawsuit Gives Many Lessons to Franchisees on Common Franchise Issues
In a lawsuit between a franchisor and franchisee, a wide-ranging decision from the North Carolina Business Court provides reminders of impor
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Joe Dye Culik
What Can a Franchisee Do if a Franchisor Lied?
When a franchisor does not keep their word it can lead to a business relationship that fails to perform as initially agreed.
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Joe Dye Culik
What is the FTC’s Rule Franchise Rule and How Does It Affect Franchises?
The Franchise Rule issued by the Federal Trade Commission is supposed to even the playing field with franchisees and franchisors.
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Joe Dye Culik
What is the Difference Between a Franchise and a License?
What is the difference between a franchise and a license, and why does it matter? Understanding the difference is key.
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Joe Dye Culik
Yearly FDD Updating Requirements – Did Your Franchisor Give You a New FDD?
For franchisors, January 1 means their Franchise Disclosure Document (FDD) has to be updated within 120 days. Franchisees should be aware.
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Joe Dye Culik
What are Common Negotiable Terms in a Franchise Agreement?
The terms of the Franchise Disclosure Document (FDD) impact your business. Which of the terms are negotiable, and which are not?
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Joe Dye Culik
Does North Carolina Have Laws Regulating Franchises?
North Carolina does not have laws specific to franchises. However, other North Carolina laws still have the effect of regulating franchises.
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Joe Dye Culik
What is the North Carolina Business Court and Why Should My Business Dispute Be Decided There?
There is a special session of the North Carolina court system called the Business Court. It is set up specially for business litigation.
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Joe Dye Culik
When is a Non-Compete Agreement Enforceable Against a Franchisee in North Carolina?
Although non-compete agreements are legal in North Carolina, they are not limitless. There are certain restrictions that North Carolina law
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