The Perkins Law team enjoyed meeting a great group of entrepreneurs on Wednesday and having an interactive dialogue on all things franchising.

Here’s a snapshot of what we discussed:

* Recent statistics from the franchising industry (did you know there are over 5,000 franchised businesses operating in the Richmond area?)

* Common sources of franchisee failure.

* Helpful local resources for assistance during the franchise selection, investigation, and startup process.

* Key provisions of the Franchise Disclosure Document and what to really look for.

*How federal and state laws regulate franchising and why.

* How the franchise recruiting and sales process works.

* Personality traits of successful franchisees.

These and other topics, including questions from the audience, were covered. The next Perkins Law franchising workshop will be a half-day Prospective Franchisee Boot Camp on Friday, October 24, 2014 from 8:30 – 11:30 am. Contact us for more details or to sign up.