The COVID-19 pandemic has dramatically impacted business in 2020, from government stay at home orders that prevented operations to adjusted customer service capacity or additional safety procedures. Some of these changes to your franchise system may be what the FTC or states regard as “material”, meaning the change likely affects a prospective franchisee’s conduct or
Developing a Social Media Policy for Franchise Systems
Effective use of social media is challenging for any business, but creating a strategy that works for an entire franchise system can be even more difficult. Once that strategy is developed, it needs to be supplemented with a social media policy that protects you and your franchisees.
Below are four things to consider as you develop a social media policy.
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You have worked hard to grow your business and brand. The last thing you want to do is give it all away. A carefully drafted non-competition agreement can protect your brand and trade secrets.
Well-drafted, enforceable non-compete agreements include the following elements:
Narrow List of Prohibited Activities
Courts are increasingly focusing on balancing former franchisees’
What is an FDD and Why Do I Need One?
What It Is
“FDD” is the commonly used acronym for “Franchise Disclosure Document.” The purpose of an FDD is to provide important information to people who are interested in purchasing franchises.
On Sunday, January 12, 2020, the U.S. Department of Labor (DOL) released the final version of its rule interpreting joint employer status under the Fair Labor Standards Act (FLSA), which regulates minimum wage and overtime.
The DOL adopted a four-factor test, which considers whether an alleged joint employer:
Continue Reading DOL Raises Joint Employer Threshold