When transferring ownership, three of the most important areas to think about are the franchise agreement, real estate and financials.
Michael Einbinder, franchise lawyer and co-founder of franchise law firm Einbinder & Dunn LLP, and Loyd Rawls, Chairman of The Rawls Group, discuss what restaurant franchise owners should consider before transferring ownership of their franchise. This is especially complicated to navigate if there are multiple parties involved in the transfer.
Click the following link to read Loyd Rawls and Michael Einbinder with Einbinder & Dunn, LLP on the QSR magazines’s website titled: How Restaurant Franchisees Can Transfer Ownership
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Strategic Planning
The only constant one can plan for is change. Strategic planning positions the business to address the probable, possible, and potential contingencies impacting business success. 
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