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Posted on 8/6/2010
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- Buying a Franchise: Information that You Need to Know about your "Protected Territory
- Franchise Agreement: Factors that you Must Evaluate and Negotiate before Buying a Franchise
- Petroleum Marketing Practices Act: Wrongful Termination of New York or New Jersey gas station franchise
Franchisee Services
Factors to Consider when Buying a Franchise
In her article,"Consider With Care: Tips for Evaluating a Franchise Opportunity", Jill McCullough offers some of the following helpful points:- Search new sources about the franchise opportunities and, specifically, the franchisors that you are considering;
- Find out if the franchise system you are considering is focused on the franchisee and a quality product and not just interested in a fast growing franchise with lack of support and resources for the franchisee;
- Speak with multiple franchisees in the franchise system ranging from franchisees that have been in the business for the past 3 to 12 months and also franchises who have went through a renewal cycle;
- Speak to a qualified franchise attorney and your CPA.
Charles N. Internicola is a franchise lawyer who represents individual and established franchisees throughout the United States, in all fifty states, including New York and New Jersey. Charles is the author of "An Entrepreneurs Guide to Purchasing a Business or Franchise" and the editor of the "Franchise Law Blog". If you a buying a franchise, it is important that you obtain an independent evaluation of your franchise agreement and FDD from an experienced franchise lawyer. Contact Charles Internicola to discuss the services that he offers to protect franchisees before you sign any agreements.
If you are considering the purchase of a franchise or business, for a limited time you may receive a complementary no obligation copy of Mr. Internicola's book, "An Entrepreneurs Guide to Purchasing a Business or Franchise" where you will find helpful information and facts.
IMPORTANT DISCLAIMER: The information contained on this website is provided for general educational purposes only, should not be relied on as legal advice and does not serve to create an attorney client relationship. In utilizing this website you acknowledge that there is no attorney client relationship between you and Charles N. Internicola, Esq. and that the information contained on this site does not and cannot serve as a replacement for the competent legal advice of a licensed attorney in your state. The content of this website is subject to the Copyright of its author, Charles N. Internicola, Esq.
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Video Library
Franchisee Services:
- What is an FDD (Franchise Disclosure Document)?
- What is a Franchise Agreement?
- What is the Purpose of an FDD (Franchise Disclosure Document)?
FAQs
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What length of time is given to review a franchise agreement?
How long does a prospective franchisee have to review a franchise agreement if a franchisor advises that a change has been made to the franchise agreement?
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