We talk a lot here about franchising and for good reason. After all, many restaurant owners make great money by developing or buying into a great franchise concept. However, some restaurant owners take a different approach: they develop their own brand and remain the key figure in each additional restaurant. Stephen Pyles is one such… Continue Reading
Tag Archives: restaurant franchising
The Top 5 Considerations Before Buying A Restaurant
Posted in Acquisitions, Commentary, Franchises, Franchising, Liability, NegotiationDespite the “Great Recession”, the restaurant industry continues to thrive. One of the latest great examples of this is the expansion of Asian cuisine. For instance, a new franchise concept called Mama Fu’s is set to open 14 new restaurants in the Dallas area alone over the next several years, according to this article from… Continue Reading
Is Your Restaurant Franchisor Being Unfair?
Posted in Franchises, FranchisingIn a perfect world, franchisee relations with a franchisor would be perfect. However, life’s not perfect or fair, and disputes do arise. That’s one area that we lawyers come in handy. What Does The Franchise Agreement Say? In Texas, the right to contract prevails. In other words, the text of the contract usually determines the… Continue Reading
Is A Restaurant Franchise Right For You?
Posted in Acquisitions, Franchises, Franchising, NegotiationWe’d all like to become the next great franchise with the wealth and notoriety that goes with it. However, not all franchises are created equal, and even more often, a franchise itself is not even the right fit. New To Restaurants? If you’re not already a restaurant owner, the question is “to franchise or not… Continue Reading