What We've Been Up To
What do resins, mold remediation, remodeling, REVPAR and FPRs have in common? They are all terms you would have heard in the Larkin Hoffman Franchise Department in March and April, our peak season for franchise registration renewals. This is the time of year when franchisor attorneys who write disclosure documents and franchise agreements must become industry insiders in the businesses they represent – possessing knowledge of how each company operates, keeping up with industry standards, acronyms and jargon, and keeping a pulse on the competition – not to mention changes in the law and political climate. This was especially true for us this year.
One moment we found ourselves discussing the finer details of property management software for the hospitality industry, and the next we dealt with unique locations for a pizza business. We addressed joint employer issues, how to disclose multi-unit offerings, and changes necessitated by the new California franchise relationship law. We were proud to partner with a wide range of businesses this year in terms of size, from household names to start-ups just getting off the ground. From coffee and donuts to barbeque to pizza to burgers, from campgrounds to hotels, from wireless stores to liquor stores and to those that sell lawn and garden equipment, and service businesses offering direct mail, door hangers, automotive after-market services and home siding, and yes, mold remediation services.
Our diverse clients assure there’s never a dull moment this time of year. Between early March and the end of April, we filed more than 100,000 pages of documents with state regulatory authorities – with at least 95 percent of our filings (so far) being approved without substantive comments from the States. Good thing we have a long winter here – it’s nice to finally reach May.