Franchise and License - What’s the Difference?

While every franchise is a license, not every license is a franchise. Top franchise lawyer (and Franchise Bible co-author) Michael Katz gives you a brief lesson on how to tell the difference and why it’s important to know before you enter any type of franchise or license arrangement.
Mr. Katz is the senior partner and managing member of Corporon & Katz, LLC and has been practicing franchise law since the inception of the federal regulations in 1979. He is the contributing author of Entrepreneur Magazine’s Franchise Bible 8th Edition which is available in bookstores and on Amazon. He represents franchisors and franchisees from around the world. Mr. Katz is the recipient of the Franchise Times Legal Eagle award that recognizes practitioners that deliver outstanding service to the franchise field. He is also listed by the American Registry as one of the top 1% of lawyers nationwide and has the highest rating awarded by Martindale Hubbell.
5231 S. Quebec Street
Suite 210
Greenwood Village, Colorado 80111
Michael Katz: 303.790.4103
[e-mail]
www.businesslawyer.com

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Very informative. I founded " Storks.com " about 12 years ago. We have battled between issuing Licenses or Franchises and decided to remove a few franchise elements to be able to issue Licensing.

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Thanks Tony. Glad that you found the video helpful. Cool website and concept.