Posts by Tom Pitegoff
SBA-Backed Franchise Lending Today
The U.S. Small Business Association’s loan guaranty program has gone through a number of changes in recent years. The current…
Read MoreStructuring a Multi-unit Franchise
A multi-unit franchise owner can structure its operations in a number of ways, but one approach in particular often makes…
Read MoreWhen are Parent Company Financial Disclosures Required?
A franchisor selling franchises in the U.S. must disclose its audited financial statements in Item 21 of the franchise disclosure…
Read MoreTesting a New Franchise Concept
One of the toughest challenges an aspiring franchisor may face is selling its first franchise. Who would take the risk…
Read MoreThe New SBA Addendum
Effective January 1, 2017, any franchisor that wants to offer SBA guaranteed financing for its franchisees will use a single,…
Read MoreCorrecting an Accidental Franchisor Violation
What’s a franchise? Franchise registration and disclosure laws define a “franchise” more broadly than people generally realize. A company may…
Read MoreSuspending Franchise Sales
In several states that require franchise registration, franchisors should suspend franchise sales while an amendment or renewal application is pending with…
Read MoreWhat Does Brexit Mean for Franchisors?
The coming negotiation over the specifics of the UK’s departure from the EU is an unfortunate necessity that follows from…
Read MoreNotice of Rights Enhances Trade Secret Protection
In order to access the full range of remedies the Defending Trade Secrets Act of 2016 (DTSA) offers, a trade secret owner…
Read MoreNew Tool to Protect Franchisors’ Trade Secrets
On May 11, 2016, President Obama signed into law the Defending Trade Secrets Act of 2016 (the Act). The Act amends the…
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