4/20/2005

Legal Aspects of Franchising

"There are many elements of the franchise agreement, as well as the franchise deal itself, that can benefit from the advice of an attorney.

These can include:
-Reviewing the franchisor's offering circular (the UFOC) and evaluating the opportunity
-Negotiating points of the final contract
-Limiting your personal liability by establishing the correct business structure
-Dealing with trade secrets and other proprietary issues
-Establishing your own trade name
-Dealing with state statutes "

Read more in this Howstuffworks article found via this Innovative.Franchising.Blog post.