The Internicola Law Firm, P.C.

Good Cause for Terminating Your Franchise in New York

If you have sold a franchise in New York and now have reasons you would like to terminate the franchise agreement, you will need to have "good cause" for doing so.

Good cause for the termination of a franchise in New York may include: 

• a franchisee has damaged your reputation;
• a franchisee has engaged in the sale of competing products;
• a franchisee has failed to maintain quality standards;
• a franchisee has failed to meet your sales requirements;
• a franchisee has become insolvent or unprofitable; or
• a franchisee intentionally underpaid its royalties. 

If any of these violations are to result in the termination of a franchise, then you will have to follow certain procedural requirements. The procedural requirements will depend upon the state in which the franchise agreement was made. Different states have different requirements for the termination of a franchise.

To meet these procedural requirements for termination of a franchise in New York, you can seek advice from a New York franchise lawyer. 

Contacting a New York Franchise Lawyer

If you are an entrepreneur who is interested in franchising your business there is a lot you need to know, including the significance of evaluating your trademark and how to approach the preparation of your FDD. For a limited time, get New York franchise lawyer Charles N. Internicola, Esq's franchise law report to determine whether or not your business is right for franchising.

 Contact us today at 800-976-4904 for more information about Mr. Internicola's franchise law services in New York and how he assists entrepreneurs franchise their business nationwide.