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THE STERLING PROBLEM OF THE NBA: A LESSON IN MORAL TURPITUDE FOR THE FRANCHISE INDUSTRY

May 22, 2014 - Categories: Franchising

By now, most everyone has heard about the racial bigotry expressed by Donald Sterling, owner of the National Basketball Association’s Los Angeles Clippers franchise.  The nation anxiously awaited NBA commissioner Adam Silver’s response to Sterling’s reprehensible behavior,

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Franchisor Control and the Risk Of Overreaching

July 22, 2013 - Categories: Franchising

Franchisors must be able to exercise significant control over their systems in order for the franchise model to be effective.  To that end, franchisors require franchisees to enter into strict franchise agreements whereby franchisees are designated as independent businesses/contractors and prohibited from amending, damaging, or operating their franchises in any fashion that is contrary to the agreement.

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Investing in Franchises Could Save Professional Athletes From Financial Ruin

January 24, 2013 - Categories: Franchising

Let’s face it, we have all heard of one, two, or twenty athletes that fell into hard financial times after lucrative and illustrious professional careers. They had difficulties choosing the right investments and they ended up financially ruined. Franchising is a great investment tool for athletes to build and sustain their sports earnings because it can combat many of the recurring issues at the epicenter of their financial collapse.

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When Franchising Meets Religion, Could Franchisees Be Left Holding the Bag?

October 2, 2012 - Categories: Franchising

Sometimes business owners want to exercise their First Amendment right and publicly express their religious beliefs. While this is admirable in a free society, it has potential to be costly to franchisees who are directly affected by the perception of their franchisor’s brand.

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Creating Black-Owned Businesses and Jobs Through Franchising

July 16, 2012 - Categories: Franchising

Black-owned businesses should be one of the engines driving job creation and growth in the United States economy.

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