Franchise Agreements
Franchise agreements define the relationship between the franchisor, who owns the brand or business system, and the franchisee, who operates under that brand. They establish each party’s rights and obligations, including fees, territories, training, operations, and renewal terms. Marano Law P.C. represents both franchisors and franchisees in drafting, reviewing, and negotiating agreements to protect business interests and ensure full legal compliance.
SERVICES
FRANCHISE AGREEMENT REVIEW & NEGOTIATION
A franchise agreement is a legally binding contract that governs nearly every aspect of the franchise relationship. It typically covers operational standards, royalties, territory exclusivity, renewal procedures, and transfer rights. Understanding these provisions before signing is crucial to avoiding future disputes and financial risk.
FRANCHISOR REPRESENTATION & COMPLIANCE
Franchisors must meet extensive disclosure and registration requirements before offering or selling a franchise. These rules ensure transparency for prospective franchisees and protect the integrity of the brand. Compliance involves detailed disclosure documents, state filings, and consistent operational standards.
FRANCHISE DISPUTES & ENFORCEMENT
Disagreements can arise between franchisors and franchisees regarding royalty payments, operational standards, or termination. Franchise agreements often require mediation or arbitration to resolve disputes, making it essential to understand enforcement procedures and available remedies.
FRANCHISE PURCHASES & TRANSFERS
Buying or selling a franchise requires consent from the franchisor and adherence to transfer procedures. Transfer provisions are typically detailed in the franchise agreement and may include fees, approval processes, and training requirements for new owners.
AREA DEVELOPMENT & MULTI-UNIT FRANCHISES
Area development and multi-unit franchise agreements grant rights to operate multiple locations within a defined territory. These arrangements often include performance milestones and expansion schedules that must be met to retain exclusive rights.
