Sometimes being a franchisee is a lot like being the gambler in Kenny Rogers' song by the same name. If things are going bad, the writing is on the wall or there is just a downward spiral a franchisee may be tempted to fold 'em and run. However, the franchisee (just like any business owner) has obligations to other parties and running or walking may not be an option (or may be a risky option). If the franchisee has a premises lease, there are its obligations to the land...

Is multi-site franchising good or bad? Firstly, multi-site franchising covers the scenario where a franchisee has more than one franchise within a franchise system. It can be an easy way for a franchisor to more quickly expand the franchise system and the brand by granting further franchises to a current franchisee.  It alleviates the need to expend time, effort and money in the training of a new franchisee and arguably reduces the infrastructure required as the franchisor wil...

OK, so I get that the use of song titles and somehow tying them into franchising or business law may be becoming a little tenuous. However, you would be surprised the number of people who jump into legally or contractually binding relationships or agreements without fully appreciating their obligations or risks, and thus, like a prayer just hoping things will work out. Here is a checklist of some of the due diligence enquiries you should undertake when enter into a new legal relati...