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Florida

401 E Jackson Street
Suite 2340
Tampa, FL 33602

Illinois

2021 Midwest Road
Suite 309
Oak Brook, IL 60523

Franchises

Franchises are a great way to help you grow a business. Our Illinois and Florida franchise attorneys help with FDDs, franchise agreements, multi-unit franchise agreements, area development franchise agreements, and sub-franchise agreements.

Serving in Illinois: Oak Brook, Burr Ridge, Naperville, Hinsdale, Lombard, Addison, Downers Grove, Oak Park, Darien, Chicago, Lisle, Westmont, Willowbrook, Clarendon Hills, and the Chicagoland Area.

Serving in Florida: Tampa, South Tampa, New Tampa, Wesley Chapel, Odessa, Lutz, and the general Tampa area.

Legal Requirements to Start a Franchise

Put simply, franchising is a business model where you take what has worked for you, your business name, brand, know-how, and system, and teach someone to replicate it. Franchising is a powerful business strategy that has boosted the profit of countless entrepreneurs. However, there are some legal requirements franchisors need to address before starting their …

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Franchise vs Chain: What are the differences between the two business models?

chains vs franchises

In a chain, all store locations are owned by a parent company, while in a franchise, units are owned and operated by separate individuals who contract with a franchisor to use the parent company’s business model and trademarks. In this article, we will break down the differences between chains and franchises. What is a Franchise? …

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Subfranchise: How do master franchises work?

subfranchise-meaning

As a huge corporation having thousands of locations around the world, imagine how complicated it would be to personally vet and recruit franchisees. This is why big companies, such as McDonald’s, subfranchise their businesses and rely on master franchisees that manage multiple locations on their behalf within a determined region. Key takeaways: In a subfranchise, …

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What is a franchisor? Meaning, Roles, Pros and Cons.

questions-to-ask-a-franchisor

For sure, you know giant food chains such as McDonald’s or Popeyes, multimillionaire franchise restaurants that have expanded throughout the world. These companies are owned by franchisors, who allow third parties the use of their business model and trademarks in exchange for the payment of fees and ongoing royalties. In this article, we will discuss …

What is a franchisor? Meaning, Roles, Pros and Cons. Read More »

Licensing vs Franchising

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When licensing or franchising a brand, both business models will allow a third party to profit from the use of intellectual property for a fee. However, while a franchise allows access to the brand’s trademarks, business model, and operations, a license is a brand cooperation that limits the use of a specific trademark. Key differences: …

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Is buying a franchise a good idea? Franchises pros and cons

business-lawyer

(Video Length: 0:0:55) What is franchising and how does it work? Franchising occurs when an independent business owner opens one or more locations of an existing business by purchasing the brand rights from the company. When buying a franchise, a franchisee will have access to the business plan, trade secrets (such as recipes), marketing materials, …

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