Lawyer Assisting Businesses With Franchising in Chicago, Oak Brook, and Willowbrook
For some businesses, franchising offers the opportunity to expand operations without being closely involved in the operation of every location. In these cases, a franchisee will be allowed to sell goods and/or services using the franchisor’s trademarks, and the franchisor will maintain some control over the franchisee’s operations while offering assistance and collecting fees as a condition for maintaining the franchise. Franchisors should work with an experienced business law attorney to ensure that they are complying with state and federal regulations. A skilled lawyer can also help franchisees understand their rights and obligations and address any legal issues related to the franchising agreement.
At Shakfeh Law LLC, we provide legal help to many different types of businesses, and we can work with you to address matters related to franchise law. Attorney Danya Shakfeh has more than 10 years of experience, and as a business owner, she understands the concerns that you are facing. She will work personally with you to address your business needs and help you achieve your goals.
Assistance With Compliance for Franchisors
A business that plans to offer franchising opportunities must meet a variety of requirements under federal and state laws. We can assist in creating a Franchise Disclosure Document (FDD) that fully describes the franchisor’s business plan, details the training or other services the franchisor will provide to the franchisee, and includes detailed information about the franchisor’s finances and business experience.
We will also work with you to draft a franchise agreement, which is a contract that details the rights and obligations of both the franchisor and franchisee. This agreement may address the allowed uses of trademarks or other intellectual property, the specifics of the training program provided by the franchisor, quotas or other requirements the franchisee must meet, and the payments the franchisee will make to the franchisor, including up-front payments or a percentage of the profits earned. If any disputes arise regarding these agreements, we can assist in resolving these contract disputes, including through litigation, if necessary.
Legal Help for Franchisees
If you are planning to buy a franchise, we can review the franchisor’s FDD to ensure you fully understand the business plan, the services offered by the franchisor, and the requirements you will need to follow when operating your business as a franchisee. We can also help you negotiate the terms of your franchise agreement to ensure that you will have the protection you need, and we will make sure you understand how non-compete clauses, territory terms, and other restrictive covenants will apply to you.
As you begin to set up your franchise business, we can help you select the right business entity that will protect you from liability and ensure that your business is taxed correctly. We can work with you to negotiate commercial lease agreements or other business contracts and make sure they will meet your needs, and we can provide representation in any disputes that may arise regarding the operation of your franchise.
Contact a Hinsdale Franchise Attorney
While franchising can present lucrative business opportunities, both franchisors and franchisees should be sure to understand their rights and obligations in these types of business agreements. Shakfeh Law LLC can provide the legal help you need in these situations, and we will work with you to review documentation, draft legally-binding disclosure documents and contractual agreements, and ensure that you comply with state and federal regulations that apply to your business. Contact our office today at 630-517-5529 to learn more about the business law services we provide. We work with businesses in DuPage County and Cook County, including Chicago, Downers Grove, Oak Brook, Hinsdale, Villa Park, Burr Ridge, Elmhurst, Willowbrook, and Lombard.