We always love it when two of our specialities meet, in this case entertainment and franchising, in the new film 'The Founder' (trailer above) where Michael Keaton plays the original Master Franchisor of probably the world's most famous franchise, McDonalds.
The film looks at the birth of the McDonald's franchise, where Keaton's character takes over the master franchise from the founding brothers of the burger chain. The film then runs through showing many of the issues which tend to occur in franchising, from arguments about rights, royalties and spending, to how to deal with underperforming franchisees.
Check out this article below which suggest the main takeaways (if you'll excuse the pun) to be taken for franchisors and franchisees everywhere. If you're looking to franchise your business, or alternatively at buying into one, CAL is happy to assist
This information is intended for guidance purposes only and does not constitute legal advice. If you do need legal advice, however, get in touch with us!