
What type of business might constitute a franchise?
A franchise may be a licensee, a distributor, or a dealer of your products and services. Franchise laws vary from state to state, and it may be left to a court to define the relationship that you have with these partners. However, if a business relationship maintains similarities to the 3 rules mentioned above, it is highly likely that the relationship may be determined to be a business franchise.
If it is left for a court to determine, you may have to defend your business relationship in a New York court of law. To do so, you will need to get the help of a New York franchise attorney.
If you want to avoid a franchise relationship, you should have no significant control over a partner or licensee. You should also not provide any significant degree of assistance. When you structure a trademark license, you must be careful to avoid the language associated with U.S. franchise laws.
On the other hand, if you do want to become a franchisor, you can do so with the professional help of a New York franchise attorney. In order to do so, you must structure your licensing agreement to provide business assistance, a marketing plan, and assert specific controls over your business franchisees. There must also be a continued financial interest in the relationship.
Such a financial interest will likely be in the form of a franchise royalty. A franchise royalty is a monthly payment that will be made by each of your franchisees. This payment will be used to grow your business, provide assistance, and pay your company's expenses.
How can a New York franchise attorney help me?
Whether you want to franchise your business in New York, or avoid U.S. franchise laws, a New York business attorney can help you structure your licensing agreements.
If you are an entrepreneur who is interested in franchising your business there is a lot you need to know, including how to structure your business as a franchise and obtain the proper licensing. For a limited time, get Charles N. Internicola, Esq's franchise law report to determine whether or not your business is right for franchising. Contact us today at 1-800-976-4904 for more information about Mr. Internicola's franchise law services in New York and how he assists entrepreneurs franchise their business nationwide.


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