Franchise Alchemy

Transforming Franchise Business Law Into Golden Concepts

SBA-Backed Franchise Lending Today

By Tom Pitegoff | October 24, 2018

The U.S. Small Business Association’s loan guaranty program has gone through a number of changes in recent years. The current…

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Structuring a Multi-unit Franchise

By Tom Pitegoff | July 25, 2017

A multi-unit franchise owner can structure its operations in a number of ways, but one approach in particular often makes…

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When are Parent Company Financial Disclosures Required?

By Tom Pitegoff | May 22, 2017

A franchisor selling franchises in the U.S. must disclose its audited financial statements in Item 21 of the franchise disclosure…

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Testing a New Franchise Concept

By Tom Pitegoff | March 16, 2017

One of the toughest challenges an aspiring franchisor may face is selling its first franchise.  Who would take the risk…

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The New SBA Addendum

By Tom Pitegoff | December 19, 2016

Effective January 1, 2017, any franchisor that wants to offer SBA guaranteed financing for its franchisees will use a single,…

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Correcting an Accidental Franchisor Violation

By Tom Pitegoff | October 31, 2016

What’s a franchise?  Franchise registration and disclosure laws define a “franchise” more broadly than people generally realize.  A company may…

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Suspending Franchise Sales

By Tom Pitegoff | August 29, 2016

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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What Does Brexit Mean for Franchisors?

By Tom Pitegoff | July 6, 2016

The coming negotiation over the specifics of the UK’s departure from the EU is an unfortunate necessity that follows from…

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New Tool to Protect Franchisors’ Trade Secrets

By Tom Pitegoff | May 12, 2016

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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An Intellectual Property Primer for Franchisors

By Tom Pitegoff | April 27, 2016

Intellectual property is a core asset of any franchisor. In fact, intellectual property is important to virtually all businesses. For…

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