This is a highly specialized area of law and franchise activities are regulated by Federal Trade Commission (FTC). For a business relationship to qualify as a franchise, it must meet the following requirements:
A. The business must use a common name, e.g., Kentucky Fried Chicken
B. The parent company provides training, assistance and guidance.
C. The business must pay a fee to the parent company.
Again, this is a very complex area of law. Please contact me directly to discuss your situation.
|Areas of Practice:
Commercial Law & Contracts
Mergers & Acquisitions
Science, Computers, & Tech
|We take pride in providing personalized legal services for your individual or business needs. Our practice includes: business start up and funding, business buying and selling, business succession planning, business reorganization, lawsuit protection and debt settlement or consolidation. We are also intellectual property attorneys with experience in electrical, software, mechanical and biotech technologies.