Franchise Transfer, Succession and Renewal Issues.

Franchising WorldVol. 33 Nbr. 5, July 2001

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Franchise Transfer, Succession and Renewal Issues.

I. SUCCESSION ISSUES

Franchisees who diligently work their businesses have every incentive to pass their successful businesses to their designated employees and family members. The franchise system's restrictions on transfer and succession, however, may create impedim...

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