
Written documents and signed agreements are the substance of a franchisor-franchisee relationship. This relationship begins with a singular, monumentally important document; the franchise agreement. Your New York business lawyer can offer valuable insight into what constitutes a fair and reasonable agreement that will best protect your future interests.
Contents of a Franchise Agreement
The franchise agreement outlines the terms of the relationship between a franchisor and franchisee as independent contractors. The cornerstone terms usually have to do with the binding nature of all signed agreements passed between parties and the indemnification of the franchisor.
Any franchisor will want to be sure he or she will not be held responsible for any claims arising from the actions of the franchisee. This includes taxes and bills incurred by the franchisee's operations of business and the business facility. Furthermore, the franchisor must not be held liable for any claims arising from the activities of the franchisee that were not directly influenced or caused by the franchisor.
Usually, the franchise agreement will indemnify the franchisor for such claims and liabilities as:
How can a New York business lawyer help me?
A New York business lawyer can guide you through every step of the franchise registration process. By helping you to gather the right information, properly submit your forms, respond to a comment, and, if need be, appeal a denial, you will have the best chance of having your New York franchise application approved.
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 Jersey and nationwide, New York business lawyer 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.


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