Franchisor Advantages (Part B)

Advantages to Becoming a Franchisor

Whereas a franchisee is the purchaser of business rights, a franchisor is the seller of those rights. McDonalds, for instance, is the franchisor of its fast-food restaurants. If you already have a successful business, then by becoming a franchisor you can expand your business with the help of other entrepreneurs.

As a franchisor, entrepreneurs will pay you a licensing fee to sell your products or services, and as your business is run in other territories, you can receive royalty payments for the use of your business model. This not only expands your business, but it helps to build a brand that customers will recognize nationwide. To know how you might become a franchisor, you can get the professional help of a New York business lawyer.

Franchising opportunities

There are hundreds of opportunities for anyone who wants to become a franchisee. While many of these are in the fast-food industry, there are franchise opportunities in health and fitness, automotive, financial services, and hospitality that offer excellent business opportunities as well.

In 2010, Entrepreneur Magazine ranked the top 10 franchises within the United States. These include Subway, McDonalds, 7-Eleven, Hampton Inn, Supercuts, and H&R Block.

How can a New York business lawyer help me?

Starting your own franchise has significant advantages, as well as legal obligations and responsibilities that must be properly dealt with. Most importantly, you must meet the business terms set forth in your franchisee agreement. This may include the rules for use of intellectual property, as well as minimum purchase orders.

To know exactly what your franchise agreement entails, you should get the help of an attorney. A New York business attorney can explain the terms of your business agreement and help you to do everything necessary to get your franchise underway.

If you are an entrepreneur who is interested in purchasing a business or franchise, there is a lot you need to know, including the top 5 business-buying myths and how to evaluate business assets. For a limited time, get this FREE business manual An Entrepreneurs Guide to Purchasing a Business or Franchise. Offering expert help in New York, New Jersey and nationwide, business and franchise attorney Charles N. Internicola is ready to answer your questions about franchise, national and international trademarks, and any critical business matters that may arise. Contact us today - 1-800-976-4904




Franchise Lawyer
Book on franchising a business

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. Further you acknowledge that any and all citations to cases and statutes must be independently verified by competent legal counsel to confirm the validity and accuracy of such information. The content of this site is subject to the Copyright of its author and owner, Charles N. Internicola, Esq.

Click here to view our privacy policy

Search

Books


The Franchise Formula: A Guide to Franchising Your Business
More Info


FTC Compliance Guide
More Info

More Information

To obtain information about our business and franchise law services complete the form below:

Name *

Phone *

Email *

Tell us more *


Charles N. Internicola, Esq.
New York, New Jersey
and Nationwide Legal Representation

1610 Richmond Road
Staten Island, NY 10304
Phone: 718. 979. 8688
Toll Free: 800. 976. 4904
Get Directions

Note:
Your information is confidential and is not used or sold for marketing purposes. We accept no duty and no representation without a written contract setting forth terms of representation.

FAQs

Franchisor Services

view all

©2012 Charles N. Internicola, Esq., All Rights Reserved, Reproduced with Permission Privacy Policy
Attorney web design by Foster Web Marketing, the best attorney website design solution on the Web offering search engine optimization for attorneys, lawyer website design, video for attorneys, and more.
Get SEO Tips from The Attorney Internet Marketing Blog