updated - July 7, 2020 Tuesday EDT
In a crushing blow to many franchisors, California's Ninth Circuit Court of Appeals issued a decision early this month in a putative class action lawsuit, Vazquez v. Jan-Pro Franchising International, after reviewing a district court's decision that a franchisor was entitled to summary judgment on claims that it had misclassified its master franchisee's franchisees.
According to the recent reports, Burger King sued its franchisee, Guillermo Perales for franchise agreement violation, thereby calling him to release ownership of 37 locations in Texas. Perales is one of the largest Burger King franchisees in the United States and has been involved in the operations of restaurants for the past twenty years.
Franchising in the U.S. is part of the nation's business culture and an economic force, generating $451 billion last year. So it's not surprising that entrepreneurs in the world of cannabis are attracted to the fast growth it can provide.
The definition of a Millennial is - according to the Pew Research Centre - a person who was born between the years of 1981 to 1996. I'm sad to say, that, being a child of the mid-70s, I can't count myself in this category!
TOP 10 FRANCHISES OF 2020