If you are a franchisor in New York‚ and have found good cause for the termination of a franchise‚ you need to follow certain procedural requirements to terminate. These requirements vary from state to state. General procedures you must follow include providing advance written notice of the termination proceedings.
When notifying a franchisee of the termination of a franchise‚ you need to:
- provide all of the reasons for termination;
- specify how much time the franchisee has to cure the default; and
- continue to comply with the franchisor's obligations throughout the notification period.
When terminating a franchise‚ some states provide that no cure period is required in cases of abandonment‚ criminal conviction‚ insolvency or bankruptcy. To understand the laws regarding the termination of a franchise in New York‚ you can get the professional help of an experienced New York franchise lawyer.
If you have discovered good cause for the termination of a franchise in New York‚ you will have to comply with certain procedural requirements for termination. To meet these procedural requirements‚ you can get the professional help of 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 Franchise Disclosure Document. For a limited time‚ get New York franchise lawyer Charles N. Internicola‚ Esq's report to determine whether 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.