You are putting a lot on the line when you decide to buy into a franchise. This is why this decision cannot be taken lightly, and it definitely cannot be rushed. So, before you do anything drastic, it is highly recommended that you schedule your initial consultation with a franchise law attorney. Follow along to find out what questions you should prepare for your initial consultation with one of the proficient franchise law attorneys at FortmanSpann, LLC.
What questions should I prepare for my initial consultation with a franchise law attorney?
When you buy into a franchise, you are essentially entering into a legally-binding agreement with a franchisor. This is why sound legal advice is necessary. Without further ado, below are some questions you should prepare for your initial consultation with a franchise law attorney:
- As a franchisee, how will the franchise code of conduct protect me?
- Do you see any significant issues with the franchise system I am entering into?
- Do you see any significant issues with the franchise disclosure document I was provided?
- Do you see any significant issues with the leasing document I was provided?
- Do you see any significant issues with the franchise agreement I am entering into?
- Do you believe I can negotiate a certain clause in the franchise agreement?
- Am I able to renew my franchise at the end of my term?
- Am I able to sell my franchise before the end of my term?
Importantly, you should not shy away from asking any question or expressing any concern that is on your mind. Rather, you should trust that your relationship with your franchise law attorney is founded on transparency. On top of all this, our firm offers free initial consultations. So you should not wait too long before contacting one of the talented franchise law attorneys from FortmanSpann, LLC.
Why should I hire a franchise law attorney?
To reiterate, the presence of a franchise law attorney is essential when entering into a legal contract. But in addition, having an attorney on hand may be beneficial throughout your time as a franchisee. This is because, unfortunately, there are many cases in which franchisors attempt to take advantage of their franchisees. With that being said, an attorney can be of assistance in any of the following circumstances:
- You believe that a franchisor performed a breach of contract.
- You believe that a franchisor performed encroachment.
- You believe that a franchisor committed fraud.
- You believe that a franchisor unreasonably harvested your investment.
- You believe that a franchisor made system-wide changes.
- You believe that a franchisor has unreasonable supply chain sourcing and pricing.
Do not hesitate to contact FortmanSpann, LLC. We look forward to getting to know you and your case.