Although opening a franchise business in Florida can be a lucrative and exciting investment, it can also be a difficult undertaking if the business owner is not aware of the control they may need to give up concerning the details of their franchise relationship. A...
Guidance for businesses struggling with the rent or buy question
One of the most important decisions that Florida business owners may make concerns where they decide to set up their entity. While some businesses are transactional and may be run out of owners' homes, others may require physical space where manufacturing,...
How can I get out of a franchise agreement?
Like other contracts, automobile dealer franchise agreements are based on the foundational principles of contracts law. An offer is made, an acceptance is garnered and, in exchange, some consideration passes between the hands of the transacting parties. However, when...
Valuable consideration as part of the contract formation process
A business agreement may be made when one party makes an offer to the other and the second party accepts. Offer and acceptance are foundational elements of contract formation, but so, too, is consideration. This post will offer Florida readers an explanation of what...