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January 2019 Archives

Successful franchising also carries business litigation pitfalls

Entrepreneurs in Tennessee and elsewhere may have the good fortune to enter an industry that is popular with the public and growing rapidly. Their company, however, may be unable to keep up with the pace of growth in the industry. It may, for example, fail to meet the fast demand for products by the consuming public. One popular and sometimes wildly successful remedy is to franchise the business model on a regional or national level.  This is a popular way for some entrepreneurs to rise to the top quickly, but the risks of business litigation along the way must be guarded against.

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