What Does a Franchise Attorney Do?

Franchises are one of the bedrocks of American retail. It makes sense; an established brand name with a well-thought-out infrastructure and support system offers a lot to potential entrepreneurs. Like any other business model, franchises are subject to regulations and laws. Here are a few ways that a franchise attorney can help you as a franchisor or franchisee.

Creating a Franchise

If you own a successful business and think it has the potential to expand to a regional or national presence, creating a franchise could be an extremely profitable undertaking. Imagine becoming the next McDonald’s or Denny’s! It could happen, but you’ll need to make sure all the proper legal channels are followed. A franchise attorney can help you draw up and file all the necessary paperwork, including applications for trademarks, license and franchise agreements, and franchise disclosures.

Growing a Franchise

Let’s say you’ve already built a successful franchise but want to expand it into an even bigger operation. This is an enviable position to be in, but you need an experienced franchise attorney to guide you into the next level. In this situation, your lawyer will be most focused on renewals of disclosures and franchise-wide contract maintenance. They will also report all legal disputes that the franchise may be involved in, and explain the manner of their resolution.

Buying a Franchise

If you are on the other side of the table, and hoping to become a franchisee, you will want to have an attorney who will represent your interests to the franchisor. In addition to providing all the necessary information and disclosures about your financial viability, the will also negotiate on your behalf for terms on leases and other contracts.

Franchises are incredible business opportunities, but it takes many people to get them up and running and staying successful. A good attorney is a key player in that process.



Geek Upd8 - Law Reporter: What Does a Franchise Attorney Do?
What Does a Franchise Attorney Do?
Geek Upd8 - Law Reporter
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