In this episode of Franchising Your Business, attorney and franchise law expert Tim Pickwell explores the critical legal components of launching a franchise. From trademark registration and entity formation to Franchise Disclosure Document (FDD) compliance and strategic growth planning, Tim shares essential legal advice for business owners ready to expand through franchising. Whether you're considering franchising or already in the process, this episode offers must-know legal insights to ensure your franchise is built on a solid foundation.
Key Timestamps:00:01 – Show Introduction 00:13 – Guest Introduction: Attorney Tim Pickwell 00:34 – Why Business Owners Need Legal Counsel When Franchising 00:42 – The Importance of Trademark Registration 01:23 – Creating a New Franchise Entity and Financial Requirements 02:13 – Navigating State and Federal Franchise Laws 02:42 – Why Entrepreneurs Often Overlook Trademark Protection 03:42 – Common Mistakes and Inadvertent Franchise Sales 04:42 – The Role of a Franchise Law Specialist 05:46 – What Goes Into a Franchise Disclosure Document (FDD) 07:34 – Required Contracts and Financial Disclosures in the FDD 08:46 – State Addendums and FDD Length Explained 09:53 – Risks of Using Unqualified Consultants for FDDs 10:43 – Trademark, Licensing, and Intellectual Property Protections 12:17 – Operations Manuals and Confidential Systems 13:45 – Structuring for Franchise Growth and Brand Protection 15:18 – Why Franchising Isn’t Ideal for Small-Scale Expansion 16:14 – Realistic Growth Planning for Sustainable Success
About the Show:Franchising Your Business is a podcast that guides business owners through the complex process of launching and expanding a franchise. Featuring attorney Tim Pickwell, each episode dives into the legal, operational, and strategic aspects of franchising. Whether you're new to franchising or scaling nationally, this show delivers expert advice to help you succeed.
Connect with the Guest:Visit PickwellLaw.com to learn more about franchise legal services or to get in touch with Tim Pickwell.
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