Franchising
Will Risk Adverse Banks Close Your Account?
As the pandemic and economic crisis drag on, many businesses are finding that their financial state is fragile or faltering. Unfortunately, banks are becoming more risk-averse and some are closing accounts to protect their bottom line. Bank and credit card account closures are on the rise. In a recent news article, it was reported that…
Read MoreDrone Food Delivery: The Next Frontier For Franchises?
The technological marvels of The Jetsons are now reality. Drones, unmanned aerial vehicles or UAVs, are an important part of doing business for many companies, especially when delivering goods to customers. In the past few years, Amazon, Google, and Walmart have begun to invest heavily in drone delivery systems, but El Pollo Loco stands out with…
Read MoreLaunch Your Post Pandemic Reset The Right Way
As the economy restarts, how to fully reopen your business and reintegrate your employees’ post-pandemic shutdown is top of mind for many business owners. In this article, we will explore the best practices for shepherding your post-pandemic business into a world with a new normal. Escape The Hiring Squeeze Unless you’ve been living as a…
Read MoreBusiness Debt Can Help Your Franchise WIN
When the average person thinks of debt, they imagine mounds of unpaid credit card bills, high interest car loans, and a 30-year mortgage that keeps them tethered to an unfulfilling job just to keep a roof other their head. For them, debt is a prison – something to be feared, and if possible, avoided. This…
Read MoreUnderstand and Leverage The Customer Life Cycle
To acquire, manage, and grow their customer base, every successful business must have a clear understanding of the customer life cycle. The customer life cycle is a collection of stages through which a customer “travels” in the life of their relationship with your business. The four stages of the customer life cycle are: Reach Acquisition…
Read MoreStrategic Partnership Best Practices
Even as the U.S. economy regains steam in 2021 and GNP grows by 10%, some companies still struggle to survive. This is especially true for businesses that rely on foot traffic or office workers since the demand for office space is down 38% nationally. The good news is that strategic partnerships can improve any business’…
Read MoreHow To Thrive During Reopening – And Remain Compliant
As Washington State businesses slowly reopen even as the pandemic enters into its second year, there is a lot of confusion about the new safety rules and reopening compliance. Hopefully, we can offer some clarity. As of this writing, most of Washington State is in Phase 2 of Governor Inslee’s reopening strategy. The only exception…
Read MoreFranchise Attorney Nate Riordan Guest on All Things Franchising Radio Show
“A franchise attorney is an investment in your financial well being and can help you avoid costly business mistakes.” – Nate Riordan, Franchise Attorney Franchise Attorney Nate Riordan was recently a guest on the All Things Franchising podcast. Linda Ballesteros is host of All Things Franchising and also the owner of Mpower Franchise Consulting where…
Read MoreWhat Goes Into Our Franchise Disclosure Document (FDD) Review?
West Coast Bankruptcy Law offers a Franchise Disclosure Document (FDD) Review, the franchise agreement. The FDD agreement is what you sign as the contract between you and your franchisor. We offer our FDD review at a flat-fee. But often, we are asked, What goes into an FDD review? WATCH: Franchise attorney Nate Riordan answers, What…
Read MoreNate Riordan Seller’s Counsel for 35 Unit Burger King Sale
West Coast Franchise Law is proud to have acted as seller’s counsel in a 35 unit Burger King franchise sale in December: “West Coast Franchise Law has represented our company for several years now, helping us with leasing and development. They did a great job helping us grow and when it came time to sell…
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