Posts by Tom Pitegoff
COVID-19 is About More than Item 19 Franchise Disclosures
On June 10, 2020, the Franchise Project Group of the North American Securities Administrators Association, Inc. (NASAA) issued guidance to assist…
Read MoreCOVID-19 and State Franchise Renewals
The COVID-19 pandemic disrupted the work of state franchise regulators as well as the franchisors they regulate and the franchise…
Read More3 Employment Law Changes That Affect Franchisors
As Published in Law360 Employee poaching and joint employment have been hot topics among franchisors and franchisees in the last…
Read MoreSBA-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…
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