Research shows that recent real estate franchising has become appealing to most first-time buyers lately. Why? Unlike other assets, buildings depreciate at a very minimal rate. A real estate franchisee acquires the right to use the...
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So, you’re looking at a once-in-a-lifetime opportunity through franchising. Investing in a franchise can be profitable to prospective buyers and comes with other benefits, such as being your boss and operating a business under the name of a...
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Buying a franchise is ideal for investing in an already successful business. Besides, who wants to deal with the teething challenges of a new business? The other good thing is that you become the boss in the designated market. On the other...
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Franchises provide a cost-effective way to scale businesses, but one should understand how they work and what’s involved. A franchise involves two leading players–the franchisor and the franchisee, and the franchise agreement governs their...
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A franchisee can decide to sell their stake in a franchise to a third party at a discount to a person who meets the approval criteria of the franchisor–most people consult a franchise attorney when selling transferring their interests. The...
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Supposing your restaurant has been successful and you have a solid expansion plan, you’d be looking to open additional locations. Franchising a restaurant involves allowing a prospective franchisee the right to use your brand name or...
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Disputes between business partners can stall even the most successful company, and franchising is no exception. When drafting a franchise agreement, a franchisor and franchisee should consider dispute resolution to avoid interfering with...
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A franchise attorney provides legal counsel and representation to franchisors and franchisees. They can also arbitrate franchise disputes and reconcile disagreeing partners. The scope of a franchising lawyer’s work is not limited to the...
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One of the key reasons entrepreneurs choose to join franchises is to succeed in the business world. This is often related to the large amounts of training and support provided by the franchisor to the new franchisee. However, while such support...
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Not one business person can confidently stand up and state that they intended to allow their business to fail. Every business person does everything in their power in order to avoid failure. The same is true when it comes to franchise...
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mherman@franchise-law.com
202-686-2886
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