Inside BS Show

Everything You Want to Know About Franchising But Were Afraid to Ask

Ms. Liss’ practice emphasizes all aspects of franchising, business sales and purchases, intellectual property licensing and protection, trademarks, health law, and commercial real estate matters. She enjoys representing individuals, start-ups, and established national brands through their business life-cycle. Prior to joining Liss & Lamar, P.C., Ms. Liss practiced in the same areas in Denver, Colorado.

She is a member of the American Bar Association Forum on Franchising and a past-chair of the franchise subsection of the Colorado Bar Association.

Ms. Liss received her B.A. degree from the Tulane University and her J.D. degree from the University of Denver Sturm College of Law. She is a frequent speaker on the legal aspects of franchising, success in business sales and purchases, and brand protection strategies such as trademarks.

Chapters
00:00 Everything You Want to Know About Franchising But Were Afraid to Ask
01:12 How did Laura get into franchise law?
03:48 Real franchise explanation
06:25 Why is there a franchise regulation, and how does it work?
08:52 Why are franchises regulated at the federal level?
09:49 What level of detail is required in the disclosure documents?
11:46 What normally gets added when a company is franchised?
14:14 What actions can I impose on my franchisees?
17:01 Why having approved or designated required vendors is important for quality control?
17:48 What restrictions do franchisors need to be aware of when franchising?
19:18 How does Laura handle client documents when franchising in a different state?
22:49 How should Laura advise clients on obtaining franchise approval in a different state?
25:43 Is territorial exclusivity a franchise requirement?
27:52 Can a franchisor limit what a franchisee charges the final customer?
31:03 What is the difference between franchising and licensing?
33:21 What are the boundaries of franchising and licensing?
37:33 What is Laura's legal view on what potential franchisees should look for when looking to buy a franchise?

What is Inside BS Show?

Would you like to work with better clients, make more money, and build a business that gives you true freedom?

Have you struggled with the loneliness that comes with working long hours and solving the dozens of complex problems you face as an entrepreneur?

Do you ever feel like the most valuable business secrets are shared behind closed doors—where only insiders have access?

Welcome to The Inside BS Show—your daily invitation to step behind the velvet rope and into the room where real business leaders talk strategy, success, and scale.

These are your people. They've been where you are, and they've gone where you want to go. But most importantly, they feel your pain and can help it go away.

If you're an entrepreneur, CEO of a private company, or leader of a professional firm, this show is your secret weapon.

On each show we break down the business growth strategies that insiders use to win—revenue generation, building influence, succession planning, hiring top talent, navigating legal minefields, and crafting an exit strategy that maximizes value.

But this isn’t just a podcast—it’s a community. We don’t just talk at you; we bring you into the conversation.

Your host, Dave Lorenzo (The Godfather of Growth), gives you an exclusive front-row seat to the insights, strategies, and behind-the-scenes conversations that drive business success.

A new episode drops each Wednesday at 6 AM.

Want to connect with Dave? Call (305) 692-5531.

What are you waiting for? Join us ON THE INSIDE.