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Call Today: (800) 976-4904
Franchise renewal refers to a franchisees renewal of the franchisee’s right to continue to operate a particular franchised business. Franchise agreements typically contain "terms" (i.e., the period granted to franchisee to establish and operate a franchise) that typically range from 5 to 15 years with a franchise term of 10 years being the most common. When the initial term expires franchisees typically possess certain rights to "renew" their franchise.
Franchise rights related to a franchise renewal are addressed and set forth in the franchise agreement and, in certain instances, depending on the state where the franchise is located may be supplemented by local state law such as the New Jersey Franchise Practices Act.
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In this guide you’ll learn the basics of franchising, how to franchise your business, and how to win at franchising. We’ll also take a deeper dive into legal requirements for franchising and why they matter, steps to take before and after you launch your franchise, and even some tips on... read more
When considering expanding a business both franchising and licensing are possible options. In this guide, you'll learn the differences of franchising and licensing and understand how each will affect you. read more
With services to make your growth strategy simple, cost effective, and with a team excited to help you, let’s talk about how we can help grow your business.
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