Whether you are looking to purchase a franchise in AZ or are looking to franchise your own business model, a Franchise attorney in Scottsdale from The Peddy Berg Law Firm can help. Purchasing a franchise is a common quick-start business opportunity for new entrepreneurs – especially those that want to limit their overall risk. As a potential franchisee, with the excitement of starting a new business, you may be tempted to buy the franchise before you fully understand the terms of the agreement and have identified the risks. As a franchisor, above all, you need to protect what you’ve worked so hard to build – your business’ brand, its reputation. As experienced franchise attorneys, The Peddy Berg Law Firm can help you decide if franchising your business or buying a franchise is right for you.
For the franchisees, in reviewing franchise agreements, there are many things to consider. For example: How restrictive is the non-compete clause? What will the franchise ultimately cost you? Is it is a one-time fee, a monthly or yearly fee, based on a percentage of sales, or a combination of these options? Do you get exclusive rights over a certain territory? As you can see, it is imperative that you have an experienced franchise attorney in Scottsdale, like The Peddy Berg Law Firm, review and interpret these agreements and inform you of what they actually say versus relying solely on what the franchisor has orally promised you.
For franchisors, it is so important to have an experienced attorney assist you in drafting your franchise agreements. As the owner of a franchise empire, you need to protect your business’ brand and reputation by thoroughly investigating potential franchisees. Additionally, depending on the payment terms and/or financing offered to the franchise, you need to protect your interest in the assets of the business to ensure payment of all amounts owed to you in the event the business fails. These are only a couple of the issues you must consider and prepare for if you’ve decided to franchise your business. You need to hire an experienced AZ franchise attorney to navigate the common issues and pitfalls in creating franchises and help protect your business, its reputation, and your bottom line.
The Peddy Berg Law Firm, PLLC is dedicated to providing exceptional legal services and outstanding customer service, all at a rate you can afford. If you need an experienced franchise attorney in Scottsdale, please contact The Peddy Berg Law Firm, PLLC online or by calling 480-382-3109.