A franchise attorney is a lawyer who has an expertise in franchising. Your franchise attorney will understand the legal nuances of a UFOC and Franchise Agreement and truly understand how franchising works. This area of expertise is very different from that of a general business attorney or another type of lawyer, which is why hiring a franchise attorney for this process is so important.
The nature of the relationship between a franchisor and franchisee is unlike other types of traditional business relationships, including partnerships. Thus, the documents used to solidify this relationship are vastly different from those with which most general business attorneys are accustomed to dealing.
The concept behind a franchise system is that every franchise unit follows exactly the same cookie-cutter approach to type of business you’ll be operating, the lease you’ll probably be signing with your new landlord is an example of a contract that can be negotiated and altered by you and your attorney (assuming the landlord agrees to the modifications)
Sunday, December 27, 2009
Labels: franchise law
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