Posts

Five Great Sources of Franchising Information for the Prospective Franchisor
December 28, 2020

1. International Franchise Association. Arguably the premier membership organization of franchisors, franchisees, and suppliers to the franchise industry, this organization and its web site offer a wealth of information about all aspects of…

Selling a Franchised Business Requires Some Extra Work
November 23, 2020

Are you a franchise owner who has decided it is time to sell your franchised business? Before posting that “for sale” sign, there are a lot of preliminary issues to address before you can expect to attract a qualified buyer and successfully…

Do You Want to Franchise Your Business?
September 14, 2020

For companies launching a new franchise system, Perkins Law can provide cost-effective legal assistance: Preparing necessary documents for the offering and sale of franchises Drafting Franchise Disclosure Documents (FDDs), franchise…

Perkins Law Recognizes National Franchise Appreciation Day
August 31, 2020

“The objective of F.A.D is to create awareness to increase customers knowledge of the importance of using social media networks and location-based services to connect with, and continue to support local franchises. Customers will receive discounts…

Perkins Named to “The Best Lawyers in America” List for 11th Year in a Row
August 25, 2020

RVA small business and franchise attorney Eric Perkins has been selected by peers in the legal community to be included in the 27th edition of The Best Lawyers in America for his work in franchise law for the 11th year in a row. With over 20…

Book Recommendation for First-Time Franchise Owners – Street Smart Franchising
June 19, 2020

A recommended book for anyone wanting a pragmatic crash course on franchising — Street Smart Franchising by Joe Mathews, Don DeBolt, and Deb Percival. This book offers excellent advice on all aspects of building a successful franchised business.…

Common Franchisor Registration Mistakes
May 01, 2020

Virginia is one of the fourteen states that require franchisors to successfully complete a formal registration and review process before they are permitted to legally offer franchises for sale. While the process is reasonably straightforward…

Have You Visited RVABizLaw.com Recently?
March 09, 2020

If you haven’t checked out the RVABizLaw blog recently, here are a few of the updates you’ve missed: Are franchise agreements automatically and unconditionally renewable? What is Phantom Equity?  How can small biz owners minimize…

Are Franchisees Guaranteed the Right to Renew their Franchise Agreement?
February 19, 2020

No, there is no such guarantee. Most Franchise Agreements do, however, provide for at least one renewal option, subject to laundry list of conditions (payment of a renewal fee, execution of the then-current form of Franchise Agreement, execution…