A trademark is a word, phrase, symbol, design, or a combination of these that distinguishes a company’s products or services from others. These marks help consumers identify and associate the products or services with the source. As a result, if you are starting or running a business, it is important to register your trademark. This…
General Questions Additional Questions for Transferred Stores/Former Franchises: Questions to Ask Closed Franchises: Franchise Validation Questions: Individual Background Initial Period Support Franchisor Relationship The Franchised Business Marketing Purchasing Power Money Time Machine Questions About the Franchisor Questions About Costs Training Operations Advertising and Marketing Understand if Former Franchisees Were Successful Find Out if Franchisees Feel…
General Questions Research and Marketing Products and Services Operations & Support
In Minnesota, anyone who wants to sell or offer to sell a franchise must register their Franchise Disclosure Document (FDD) with the Securities Division of the Department of Commerce. This is because Minnesota is a franchise registration state. The Securities Division is responsible for overseeing the registration of franchises and regulating franchise activity in the…
Trademark law allows you to protect names, logos, and other signifiers used to identify products and services. While there is no requirement to register a trademark federally, doing so has several advantages. For instance, registering your mark with the U.S. Patent and Trademark Office provides notice to the public of your trademark ownership, a presumption…
Expanding a successful business through franchising can be a lucrative option, especially in Texas, where the economic activity has been strong in recent years. The franchise business model is designed to be mutually beneficial, where both the franchisor and franchisee gain. However, before opening a franchise in Texas, it is crucial to have a clear…
According to the US Patent and Trademark Office, a trademark refers to any name, word, design, symbol, or any combination of these things that distinguishes the services or goods of one seller or provider from others. It is also used to identify the source of the goods or services. However, while the term “trademark” is…
After years of struggling and battling their own franchisor for support and actions, over half of the franchisees formed an association with the American Association of Franchisees and Dealers (“AAFD”) [www.aafd.org] and took action. At first the action was several letters trying to get their franchisor to work with them to improve the franchise system…
Franchising refers to a business model where a franchisor (individual or group) allows a franchisee (another individual or group) the right to use their trademark, business systems, and procedures for a fee, as well as royalties. However, while franchising has become an essential part of our economy, it has become heavily regulated, with complex legal…
Each state has its own set of franchise registration, disclosure, filing, and relationship laws. As a result, some states have more stringent franchise laws and regulations than others. To understand how these laws can affect franchisors and franchisees in Missouri, this guide will review the specific franchise laws in the state and explain what they…
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