Should I franchise my business?
Is this franchise worth purchasing?
These are some of the many questions that our Dallas franchise attorneys receive.
We are more than equipped to provide the answers.
Making the decision to franchise your business is not one to take lightly. You must consider whether your business concept is one that can be successfully replicated and whether it is in your best interest to turn your idea into a franchise. There are many factors that you have to take into consideration, before taking the leap to becoming a franchisor.
Similarly, if you are looking to purchase a franchise, there are issues you need to evaluate. When you buy a franchise, you are doing more than just hanging a shingle and running a business. You have to ensure that you have reviewed the provisions of the franchise agreement and other binding documents to protect yourself and your new business venture.
To talk with an experienced Dallas franchise lawyer, contact our office by calling 972-378-9111 or filling out our online form.
We Have Represented Both Sides And Know The Typical Issues That Arise
At Ferguson, Braswell & Fraser, PC, our Dallas franchise lawyers know the ins and outs of franchising. When you contact our firm, we will sit down with you and ask questions to better understand your situation and the best approach for your business. We will cover all of the necessary steps to assist you in achieving success with your franchise.
Our firm has represented both sides of franchise transactions and fully understands the common issues that arise. Having multiple perspectives is very beneficial in helping identify where the other party might be willing to negotiate.
A Dallas franchise attorney from our office can assist you with any of the following:
- Franchise Disclosure Document (FDD): The FDD is a disclosure document required by the Federal Trade Commission. If you are a franchisor, we will draft this document for you and ensure that all required items are included. If you are a franchisee, we will review the FDD and identify any areas of concern.
- Franchise Agreement: This agreement is crucial as it details the rules of the franchise relationship. As a franchisor, we will help you create the franchise agreement and other related documents needed. If you are a franchisee, we will review the agreement and identify any areas of concern. We will also negotiate the provisions, when necessary.
- Development Agreement: If the franchise involves a specific, guaranteed area, a development agreement may be needed. We will draft this agreement, if necessary, and review it to ensure you are protected.
Not A Lot Of Lawyers Practice Franchise Law
Finding a franchise lawyer who is best suited for you is not always easy. Not many lawyers practice franchise law and some who do can be extremely expensive. While price should not be your deciding factor when hiring a law firm, it is definitely one that you can’t ignore. Our law firm provides the best of both worlds – experienced, high quality representation at an affordable rate.
For more information or answers to your questions, contact our office by calling 972-378-9111 or filling out our online form.
Our office is located in Plano, Texas. We represent clients throughout Texas and nationwide.