Franchising
Franchising can leverage a business’s success far beyond its capital and management resources. It combines a branded, centralized system with the capital and micro-management of local independent business persons to produce a market competitor with critical mass.
Franchisors are subject to federal and state laws, such as the FTC’s Franchise Disclosure Document (“FDD”) and sales procedure requirements, and states’ different franchise, business opportunity, and relationship laws. We have the expertise and experience to guide clients successfully through this maze.
Franchisees benefit from our assistance in evaluating franchise purchase opportunities and optimizing their franchisor relationship.
Client Resources
We have decades of experience in representing franchisors and franchisees. Prospective and young franchisors and franchisees may find these articles helpful:
- “Arithmetic 101 for Prospective Franchisees”: This helps prospective franchisees evaluate franchise opportunities.
- “You did what? Potential Pitfalls for the Franchisor”: This addresses how to avoid the potential practical and legal pitfalls young franchisors face.
- “How To Represent Prospective Franchisees and Franchisors”: This apprises business attorneys of federal and state laws that affect their clients’ franchise relationships and provides practical advice concerning how to help their clients successfully navigate franchise relationships.
- “Unintentional Franchising”: Many business persons do not realize that chaining their business makes them “franchisors” subject to potentially awful franchise law noncompliance consequences. This paper provides practical advice concerning federal and state franchise regulations.
Our franchisor practice includes:
- creating FDDs and franchise agreements
- obtaining state franchise registrations
- designing and assisting with marketing for and closing franchise sales
- assisting with franchise litigation
We also assist prospective franchisees with:
- evaluating franchise opportunities
- negotiating with franchisors
- potential franchise litigation that may arise
January 16, 2004
Insights
You Did What? – Potential Pitfalls for the Franchisor
The small franchisor is a more fragile enterprise and is subject to more potentially fatal threats than is commonly understood.
May 16, 2003
Insights
Arithmetic 101 for Prospective Franchisees
By Mark H. Miller | The capitalism game is played by trading money you have for something you want and vice versa.
