Franchises have become an increasingly visible thread in the commercial fabric of our communities. Chances are, you eat regularly at one, pump gas at another, and buy goods or services at yet another. A franchise is a specific way of getting into business, paying a fee in exchange for a developed business model and trademarks, and agreeing to follow certain rules. A franchise connects an entrepreneur with an established brand, but it is hardly a shortcut to guaranteed success. A Way Law franchise attorney can help you understand all parts of the franchise relationship, including:
- Understanding legal obligations of the franchisee and franchisor
- Achieving business goals within a structured system
- Evaluating whether a franchise relationship is better than launching an independent business from the ground up
If you’re considering purchasing a franchise, you need to speak with a qualified Way Law franchise attorney for guidance.