Welcome to our insightful discussion featuring Nate Riordan, founder of West Coast Franchise Law, alongside succession planning experts Jeff Bannon and Greg Sisa from The Rawls Group. Together, they unravel the complexities of lease management and negotiations faced by multi-brand franchisees, offering invaluable insights into aligning leases with your growth and succession plan.
Avoiding Personal Guarantees:
Discover why clauses extending personal liability to owners can be detrimental in lease agreements. Learn about the impact on business composition changes and explore negotiation strategies for seamless transitions in ownership, ensuring your business stays protected.
Coterminous Agreements:
Explore the critical importance of aligning franchise agreements and leases to prevent conflicts. Understand how coterminous agreements ensure operational continuity without lease overhangs or franchise defaults, providing stability for your growing business.
Triple Net Lease Scrutiny:
Delve into the intricacies of triple net leases. Uncover expert strategies for scrutinizing CAM (Common Area Maintenance) charges, ensuring transparent billing, and preventing unexpected financial burdens. Stay informed and in control of your lease-related expenses.
Preventing Family Conflict:
Understand the significance of clear lease agreements in family-owned businesses. Learn how well-structured leases can prevent family disputes, promoting harmony and collaboration among family members involved in the business.
Safeguarding Business Value:
Gain comprehensive insights into safeguarding your business’s value by aligning lease agreements with your succession plan. Discover how strategic lease management positively impacts your franchise’s market value, ensuring your business remains valuable and attractive to potential buyers.
For more insight:
Visit the “Multi-Unit & Multi-Brand Franchise Ownership Strategies” discussion page or select one of the additional episodes of the series below:
- Strategies for Successful Multi-Brand Franchise Ownership
- Mastering Multi-Brand Franchise Success: Strategies & Succession Planning
- Navigating Franchisee Succession Challenges: Expert Insights & Strategies
- Lease Management: Expert Insights for Multi-Unit Franchisees
- Navigating Franchise Agreements: Expert Strategies for Ownership Transitions
- What Multi-Unit Franchisees Need to Know About Estate Planning
- From Control to Continuity: Expert Strategies for Franchise Owners
- Navigating Trust Approval in Multi-Brand Franchisee Succession
Resources
- West Coast Franchise Law: Serving multi-unit, quick-serve restaurant franchisees nationwide and their franchise, leasing, and business law needs. For more information on West Coast Franchise Law services, contact Nate Riordan.
- Succession Readiness Survey: A 7-minute investment in time will put you in an informed position of opportunities many business owners overlook, impacting business value, growth, and lifestyle and ultimately achieving your vision.
- Contact a Succession Planner: The Rawls Group can help you with insights and other resources and see if it makes sense to work together. At the very least, in 30 minutes, you may get some ideas to apply to your business immediately.
Business Structuring
Business structures and agreements have a direct impact on areas such as, but not limited to, taxation, ownership control, shareholder access to cash flow, and family governance. Agreements preclude disagreements. Click the following links for more drill-down resources on Business Structuring. 
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We can help you with insights, other resources, and see if it makes sense to work together. At the very least, in 30 minutes, you may get some ideas you can apply to your business right away.
