What are Franchise Agreements?
Have you considered starting a franchise or investing into an already existing franchise system? Regardless of whether you are a franchisor or a franchisee, you need to ensure you are legally shielded from the actions of the other side. We are familiar with both the needs of the franchisor and the franchisee. As a result, we can advise individuals on either side of the aisle not only what they need to do to protect their interests but also keep them aware of the other party’s position.
A franchise system should consider certain elements such specifics of the business, what shall be provided by the franchisor, what will be expected by the franchisee, and the details regarding the territory. These terms along with others should not only be considered but discussed in the various disclosure documents.
- Any business involved or who will be involved in a franchise.
- Businesses needing to have disclosure documents reviewed.
- Business needing to draft disclosure documents.
If someone is trying to become a part of a franchise or someone trying to start a franchise system.
Approximately 5-15 business days*
*Depending on Specifications
Why our firm?
When you purchase a franchise, you’re buying instant brand recognition, as well as ongoing support to help your business succeed. However, a franchise is not a guarantee for success. There are several elements to consider when buying a franchise. Our Firm can discuss with you the legal issues involved with the franchise system before committing to it.
If you are starting a franchise, there are many factors to consider such as disclosure and the locations where you would like the franchise to function. Therefore, it is important the documents generated and provided to potential franchisees are complete with all necessary information. Our Firm will guide and assist you with the process of completing the documents necessary to advance the franchise system.