Do I Need A Lawyer To Buy A Franchise?
When buying a franchise you will be required to invest significant capital (possibly your life savings) and undertake serious legal obligations. As a franchisee your rights and obligations will be identified and defined in the franchise agreement and other legal documents prepared by the franchisor's attorneys. An experienced franchise lawyer will assist you in understanding your "proposed" franchise agreement, identifying areas of concern and negotiating possible revisions to better protect your franchise investment. In addition to the review and negotiation of your franchise agreement, an experienced franchise attorney will review and advise you as to the numerous legal disclosures and information contained in the franchisor's franchise disclosure document ("FDD").
When purchasing a franchise, it is critical that you obtain the independent legal advice of an experienced franchise lawyer. Learn more about the Steps to Buying a Franchise ;and visit Franchisee University.
- Take Your Business from Local Success to National Franchise with The 90 Day Franchise Launch Program
- An Entrepreneurs Guide to Purchasing a Business or Franchise
- ENDWISE: The Guide to Selling Your Business with Peace of Mind
- The New York and New Jersey Partnership Dispute Guide
- Franchise Counsel Program