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Factors to Consider Before Buying or Creating a Franchise

Felicia Harris, Founder, and CEO of EverythingHR and EverythingHR Financial Services interview David Steinberg, a prominent franchise lawyer in Michigan that has worked in this area since 1982 after graduating from Georgetown University.  David Steinberg explains exactly what a franchise is, what you need to know before you take on a franchise or offer franchisees to buy into a branch of your business, and the responsibilities that you can expect to have.

Episode Highlights:

  • David Steinberg shares his background in legal services.
  • What is franchising?
  • What is the difference between licensing and franchising?
  • How do we prevent violations of franchising?  
  • What is a franchise disclosure document? 
  • What is a personal guarantee in franchising? 
  • What types of questions should you ask to see if a franchise is right for you? 
  • When is your business ready to be franchised?  
  • What would make franchising worthwhile on both sides? 
  • Are there franchises that are out there that might surprise people?
  • When should a business owner talk to a franchise attorney? 
  • What types of responsibilities are involved in running a franchise? 

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Felicia G. Harris
​Principal Owner

This Podcast will provide you with the latest human resources trends whether you only do business in your home state or across the United States. You will be able to call in and talk with human resources professionals about the issues that keep you up at night, and more importantly, hear best practices from other business owners that have been in your shoes



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