Franchises are a popular method for businesses to expand their reach and for entrepreneurs and investors to obtain a business with a ready market. However, they are not risk-free. At H. Glenn Alberich Law Offices, I can advise you during the process of buying a franchise and help you to obtain the most advantageous terms within your agreement.
Know What You Are Agreeing To Before You Sign
A franchise agreement is a contract between the franchisor, the entity selling the business opportunity, and the franchisee, the party purchasing the franchise. The proposed agreement presented by the franchisor is likely a long and complex document. It was drafted by attorneys who specialize in providing the agreements to the corporations that sell franchise businesses.
This means the franchisor intimately understands every clause and term and what the rights and obligations are under that agreement. Do you? I can help ensure that you know what they all mean and work to modify aspects of the agreement that are unfavorable.
Forty Years Of Experience With Complex Commercial Transactions
I have more than 40 years of sophisticated corporate and commercial law experience. I have advised numerous individuals about the complex process of purchasing a franchise, and I will aggressively protect your rights, working to obtain an agreement that is in your best interests.
As your attorney, I will also assist with all the ancillary elements of these agreements, including:
Corporate formation, to protect you from personal liability
Obtain a location for the new franchisee
Negotiate a commercial lease for the location
Negotiate deals on equipment and interior renovations
Providing Experienced Guidance And Analysis
Because of my decades of experience with these types of transactions, I can provide comprehensive counsel with regard to every element of your deal. Many franchise agreements come with numerous requirements in addition to your initial investment, such as mandatory advertising expenses. I can examine the agreement in advance to ensure that there are no surprises and that you know exactly what will be required of you for the life of your franchise.
Contact Me Today
To discuss issues related to franchise agreements, call 508-696-4666 or contact my Boston law office online.