Use a Franchise Lawyer!

The UFOC and franchise agreement is a large but pertinent contract. It identifies the rights and obligations of both you as the franchisee as well as the franchisor. This contract contains many pages of important information that you need to know and understand. Yet, after reading the contract, you might have many questions that you require answers to. That’s where the franchise lawyer comes into the picture.

A qualified franchise attorney can separate contract terms and obligations that are acceptable or common practice in a franchise relationship from those that may be unnecessary or unusual. They will answer all your questions and make sure the contract is valid and reliable. They can also help you negotiate with a franchisor by explaining what changes the franchisor might be willing to make and which ones they will most likely reject. He or she may also assist you in evaluating the franchise opportunity and writing your business plan. In addition, they will find and inform you of any terms and conditions that seem suspicious or unnecessary.

Franchising lawyer firms offer a wide range of litigation, negotiation and business counselling services to both franchisors and franchisees. These include:

• System-wide franchise disputes

• Unfair competition claims

• Franchise termination cases

• Commercial contract cases

• Business tort claims

• Employment disputes

• Trademark disputes

• Special industry laws

• Franchise agreements

• UFOC’s

• Business entity organization

Remember, not any attorney who is competent to review a contract is able to review a franchise agreement. There are quite a few factors unique to franchise agreements that only a franchise lawyer is specially qualified to handle.

That is why you should retain a lawyer who specializes in franchise matters to review your franchise agreement. You do not want to end up signing a contract that will end up in great dissatisfaction. Reveal to your franchise lawyer what you want and require. Ask any questions you might have and make sure you fully understand that contract you about to sign!

Finding a qualified franchise attorney is not difficult. If you know of someone who has invested in a franchise, ask them for a referral. You can also ask your personal or business attorney as well as your accountant for a reference. Attorneys who specialize in franchise law are likely to be members of the American Bar Association’s Franchising Forum.

Take the time to talk with more than one franchise attorney to find one with whom you feel comfortable. Using an experienced franchise attorney will simply give way to better results.

~~View all Franchise Opportunities~~