“I am returning Senate Bill 610 without my signature.” That is how California Governor Jerry Brown began his message to the State Senate. Monday the governor vetoed a bill that would have prohibited corporations from putting a franchisee out of business unless they have committed a “substantial and material breach” of the franchise agreement. The […]
When it comes to California, an earthquake is nothing to joke about. Neither is SB 610. It is a bill working its way through the state legislature that could have big implications on franchise relationships. What Is SB 610? Before discussing what the bill would do, let’s talk about what it is. Right now California […]
In the June issue of Franchising USA, this article was written. “Harold L. Kestenbaum, an attorney specializing in franchise law for more than 35 years, is re-launching his own firm in a return to his entrepreneurial roots. An 11-time recipient of Franchise Times’ prestigious Legal Eagle award and author of, So You Want to Franchise Your […]
“There is nothing permanent except change.” – Heraclitus Recently, I announced that I would be leaving Gordon & Rees to re-establish my own franchise law firm, Harold L. Kestenbaum, P.C. Prior to joining Gordon & Rees, I successfully operated my own franchise law firm and I am excited to be doing so again. While working […]
The state of California has some of the most stringent laws when it comes to franchising. After all, in the 1970s California was the first state to pass a franchise registration law at the state level. So before you consider expanding to The Golden State, make sure you are aware of the current registration laws.
Expanding your franchise opportunity into multiple states is a great way to grow your brand. There are numerous reasons for introducing your brand to a new market, such as more exposure in new territories where perhaps there isn’t as much competition. Isn’t it simple math? Your statewide franchise locations are profitable, so why not expand […]
Becoming a franchisor is a decision that involves changing your very identity. When you decide to franchise, you not only need to understand the ins and outs of the franchising world but also understand your own role as a franchisor. Do you think you are ready to become a franchisor? Take a look at the […]
As the franchisor, it is imperative that you reinforce your brand image from the start. Your brand is your marketplace identity, and it can include your name, product or service, a logo, slogan and even a color scheme. Consistency is key as it is what your customers will come to expect. Without consistency from unit […]
Utilizing the services of an area representative in the selling of franchise units is about to get a lot more complicated — and expensive.
Owning a successful business might make you think franchising is the logical next step. If your current operation is doing well, then you will do twice as well with another, right? Wrong. Just because you have a great concept, are attracting customers and making money doesn’t automatically mean your business will succeed as a franchise. […]