The Franchise Agreement
August 18, 2009 | By Kerry Pipes | Read Full Story
You've just finished attending Discovery Day and you like what you've witnessed in this final installment of the franchise courting process. You've decided this is the franchise for you. You sit down with the franchisor at the end of the day and he brings the franchise agreement to the table. There are a few things you should know.
The franchise agreement is essentially a legal document between the franchisor and you (the franchisee). It is a legal binding agreement. It explains in detail what the franchisor expects from you, as a franchisee, in the way you operate every facet of the business. There is no standard form of franchise agreement because the terms, conditions, and the methods of operations of various franchises vary widely depending on the type of business.
Every franchisee is required to sign the franchise agreement, and the franchisor will also sign the document. A word of caution, a franchise agreement is a binding legal document and you may want to have a...
Top News Stories
Carl's Jr. And Hardee's Warn Consumers Not To Fall For The McHype
August 18, 2009 | Read Full Story | Franchise Information
| Carl's Jr.(R) and Hardee's(R), the pioneering chains that first brought sit-down restaurant quality burgers to fast-food consumers, have a message for America: Don't believe the McHype. The McDonald's Corporation (NYSE:MCD) recently launched Angus... |  |
Hummingbirds Prepare To Head South In Late Summer
August 17, 2009 | Read Full Story | Franchise Information
| They may be the world's smallest birds, but beginning in August, millions of hummingbirds will be making a big trip to Mexico and Central America. This annual journey is part of an instinctive migration pattern that they have followed for hundreds of... |  |
USA Insulation Continues To Expand With Four New Franchise Locations
August 17, 2009 | Read Full Story | Franchise Information
| USA Insulation, the only home insulation franchise company in the United States, has recently added four new franchise locations to serve Chicago, IL, Portland, ME, Omaha, NE and the Central New Jersey Area. The new franchisees are taking advantage of... |  |
Bojangles' Robust Growth Gets Major Boost
August 12, 2009 | Read Full Story | Franchise Information
| Bojangles' Restaurants, Inc. announced yesterday it has secured a $70 million refinancing arranged by its ownership group Falfurrias Capital Partners, allowing the restaurant group to substantially reduce its debt, lower its interest costs and support... |  |
Bojangles' Announces Big Plans For Birmingham Expansion
August 12, 2009 | Read Full Story | Franchise Information
| Bojangles' Restaurants Inc., the famous chicken and biscuits chain, has announced plans to develop new restaurants across Alabama's central region, with Birmingham serving as a focus of the company's expansion. | |
New Bojangles' Restaurant 'Spices Up' James Island
August 12, 2009 | Read Full Story | Franchise Information
| James Island, SC K-BO, Inc. is satisfying local residents' craving for Bojangles' "Famous Chicken 'n Biscuits" with the July 3rd opening of one of the chain's largest restaurants in the Charleston area, located in James Island. Situated at 740... | |
Creative Colors International Opens New Franchise Location In Omaha, Ne
August 13, 2009 | Read Full Story | Franchise Information
| Creative Colors International (CCI) announces the opening of its newest franchise servicing Omaha, Papillion, Belluvue, and Freemont in Nebraska and Council Bluffs, Iowa. CCI is a recognized leader in repair, reconditioning and color restoration of... |  |
Spring-green Is World-class
August 11, 2009 | Read Full Story | Franchise Information
| Spring-Green Lawn Care's franchisees are satisfied. How satisfied? Very, as their feedback earned their franchisor the distinction of World-Class Franchise(R) from FranSurvey(R) and the Franchise Research... |  |
Entrepreneur To Open 4th A&W Restaurant In The Inver Grove Heights, Minnesota Area
August 11, 2009 | Read Full Story | Franchise Information
| Patrick Nickleson, a native of Marshall, MN and former corporate chef for a grocery store chain, will open his fourth A&W Restaurant, the original drive-in, at 9061 Buchanan Trail, Inner Grove Heights, MN on August 10, 2009. A&W Restaurants, which |  |
Pizza Patron Opens Unique New Store In Dallas
August 11, 2009 | Read Full Story | Franchise Information
| Pizza Patron, the premier Latin pizza brand, announced the opening of its 26th Dallas/Fort Worth area location on July 29, 2009. The restaurant is located at 8928 E. RL Thorton Freeway Dallas, Texas 75219, off St. Francis and I-30, in front of a Wal-Mart. |  |
Financial Announcements
NexCen Brands Completes Amendment To 2007 10-K
NexCen Brands, Inc. (PINK SHEETS: NEXC.PK) today announced that it has completed an amendment of its 2007 10-K, including restated 2007 audited financial statements, and has filed an amended Annual Report on Form 10-K/A for the fiscal year ended...
August 14, 2009 | Read Full Story
Red Robin Gourmet Burgers Reports Earnings For The Fiscal Second Quarter 2009
Red Robin Gourmet Burgers, Inc., (NASDAQ: RRGB), a casual dining restaurant chain focused on serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today reported financial results for the twelve...
August 14, 2009 | Read Full Story
New Horizons Reports Second Quarter And Six Months Ended June 30, 2008 Results
New Horizons Worldwide, Inc. (Pink Sheets: NEWH) today reported financial results for the second quarter and the six months ended June 30, 2009.
August 17, 2009 | Read Full Story
General Nutrition Centers, Inc. Reports Second Quarter 2009 Results
August 13, 2009 | Read Full Story | Franchise Information
| General Nutrition Centers, Inc. ("GNC" or the "Company"), the largest global specialty retailer of nutritional products, today reported its financial results for the quarter ended June 30, 2009. |  |
Realogy Reports Results For Second Quarter 2009
Realogy Corporation, a global provider of real estate and relocation services, today reported results for the second quarter of 2009. The Company had second quarter 2009 net revenue of $1.0 billion, a net loss of $15 million and earnings before...
August 14, 2009 | Read Full Story
Strategic Alliances
Hooters Partners With Kenny Chesney's 'No Shoes Radio'
Atlanta-based Hooters restaurants has partnered with NoShoesradio.com, Kenny Chesney's new online radio station which launched last week. The station located at www.noshoesradio.com will reflect Kenny's eclectic taste, ranging from country to reggae to...
August 14, 2009 | Read Full Story
The Steak N Shake Company And Western Sizzlin Corporation Announce Intent To Merge
The Steak n Shake Company ("SNS") (NYSE: SNS), and Western Sizzlin Corporation ("Western") (Nasdaq: WEST), today jointly announced the execution of a non-binding Letter of Intent relating to a proposed merger of Western into a wholly-owned subsidiary...
August 14, 2009 | Read Full Story
Toys"R"Us, Inc. Partners With Home Safety Council(R) To Help Parents Keep Children Safe At Home
Toys"R"Us, Inc. today announced it has partnered with the Home Safety Council, the only national nonprofit organization solely dedicated to preventing unintentional home-related injuries that result in nearly 21 million medical visits each year.
August 11, 2009 | Read Full Story
Personnel Changes
Jamba, Inc. Announces Resignation Of Robert C. Kagle From Board Of Directors
Jamba, Inc. (NASDAQ:JMBA) today announced that Robert C. Kagle resigned from its board of directors on August 12, 2009 with immediate effect.
August 17, 2009 | Read Full Story
Additional Announcements
Carl's Jr. And Hardee's Warn Consumers Not To Fall For The McHype
August 18, 2009 | Read Full Story | Franchise Information
| Carl's Jr.(R) and Hardee's(R), the pioneering chains that first brought sit-down restaurant quality burgers to fast-food consumers, have a message for America: Don't believe the McHype. The McDonald's Corporation (NYSE:MCD) recently launched Angus... | |
Florida And Georgia Real Estate Auctions Offer 9,000 +/- Acres In 10 Counties
Florida real estate auctions and Georgia land auctions were announced today by United Country Certified Real Estate: Auctions, Marketing and Brokerage experts and Myers Jackson, CAI, AARE, CES, e-PRO, a licensed Georgia and Florida real estate broker...
August 17, 2009 | Read Full Story
Snap Fitness Ranks In Top 20 Of Inc. 500
Snap Fitness has 'muscled' its way among the Top 20 of Inc. Magazine's annual ranking of the country's 500 fastest-growing private companies.
August 18, 2009 | Read Full Story
Ben & Jerry's Reveals Global Flavor Contest Finalist!
Ben & Jerry's, known for its fun and funky flavors, is proud to announce the U.S. winner of its 2009 global Do the World a Flavor contest. Toni Gunnison, from Mount Horeb, Wisconsin, submitted the combination of caramel ice cream with almonds and a...
August 18, 2009 | Read Full Story
Hummingbirds Prepare To Head South In Late Summer
August 17, 2009 | Read Full Story | Franchise Information
| They may be the world's smallest birds, but beginning in August, millions of hummingbirds will be making a big trip to Mexico and Central America. This annual journey is part of an instinctive migration pattern that they have followed for hundreds of... | |
Time Is Running Out To Take Advantage Of The $8,000 First-Time Buyers Tax Credit
Since Congress passed the American Recovery and Reinvestment Act earlier this year, many have seized the opportunity offered by the $8,000 tax credit for first-time home buyers. When you factor in today's historically-low interest rates and housing...
August 18, 2009 | Read Full Story
Australia's MasterChef, Julie Goodwin, Was Coached By ActionCOACH Marcus Kroek
There's no doubt that Julie Goodwin is one of Australia's greatest cooks. She recently won MasterChef Australia, Channel 10's hit actuality show.
August 17, 2009 | Read Full Story
Entrepreneurship Grows In Tough Economydayton, Oh
Instant Tax Service(R), Entrepreneur Magazine's #1 new franchise, has reported an increase in franchise sales this year over last, and has already executed franchise agreements or accepted deposits from 70 new franchisees in 124 new territories.
August 17, 2009 | Read Full Story
Nation's Wireless Retail Leader Wireless Zone® Launches Customer-Centric Stores
Just as mobile networks are in 3G (Third Generation), Wireless Zone has created an entirely new generation of stores that are being updated and refitted to create a friendly, inviting retail experience that is customer-centric and appeals to all five...
August 17, 2009 | Read Full Story
Great Clips Unveils Its New Franchise Development Website And State-of-the-art Virtual Brochure
Just one year ago, Great Clips was presented with a coveted STAR Award by the Franchise Media Update Group for having one of the best websites in franchising. Months later, Great Clips was in talks with leading franchise marketing firm, Greenbaum...
August 17, 2009 | Read Full Story
I'm coming my friend, I' sorry to late coz I have inside job, visit me again..!!
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