Today's news for the franchise & small biz owner

Log In / Register | Jun 19, 2013

Plain Language is Important

In H&R Block Tax Services v. Franklin, (pdf) the Court of Appeals concluded (over a strong dissent) that H&R Block had the right to terminate two franchise agreements where those agreements expressly stated that Franklin could terminate at any time but only allowed H&R Block to terminate for cause.

Franchisee, Rethink Your Boilerplate Lease

When attorneys negotiate commercial leases, oftentimes they breeze through (or overlook entirely) the “boilerplate” clauses. Think boilerplate provisions are unimportant? Ask if a franchise owner was affected by Hurricane Katrina, Superstorm Sandy, or the tornadoes that hit Bronson, Missouri.

How to Lower Your Occupancy Cost

Occupancy costs is everything that it costs you to be in the building; rent, common area maintenance (CAM), taxes, insurance, electrical, gas, water, fees, etc. For most franchise businesses, these costs historically range in the neighborhood of 6 to 9 percent.