Business Lawyers You Can Count On
Congratulations! You've created a business concept which you can teach others to recreate and operate. Franchising is an excellent model for expanding your business and profiting from your success.
But be aware. Franchising is governed by very particular federal and state laws. Some of these laws impose stiff civil penalties for non-compliance.
Additionally, successful franchising will require that you (the franchisor) clearly establish the obligations between you and your franchisee(s).
Federal disclosure laws exist to ensure that prospective franchisees are provided essential information about the franchisor, its business, and the contract that will be entered between the franchisor and the franchisee.
These disclosures must be provided in a lengthy and detailed document, known as a Franchise Disclosure Document (FDD).
Some -- but not all -- states impose additional requirements upon franchisors. Most of these states' statutes are patterned after California's franchise sales laws. However, each states statutes are sufficiently different from the next. These differences leave franchisors that offer franchises on a multi-state basis to contend with an uneven patchwork of rules.
Your franchise agreement is the actual written contract between you and your franchisee. It will set out all of the parties rights and obligations. If written properly, it will significantly reduce disputes, and it will protect both you and your good franchisees from damage that can be caused by bad franchisees.
One of the fundamental aspects of a franchised business is the common brand name. If you haven't already done so, you will want to obtain trademark rights in your franchises name and logos.
The attorneys at Dickinson & Wheelock have experience in both the legal and business aspects of franchising.
We will help you structure your franchise and comply with all the legal disclosure requirements. We provide the following types of services to new franchisors:
Contact Jeffrey Wheelock 1-800-727-3458 Houston: 713-722-8118
Dickinson & Wheelock, P.C. is a law firm located in Houston, Texas. Dickinson & Wheelock, P.C. attorneys are uniquely skilled in franchising, representing both franchisors and franchisees.
This web site is to provide general background information about the Firm. None of the information on this web site is intended to constitute legal advice. You should consult an attorney in regard to the particulars of your situation. Nothing on this web site is intended to create an attorney-client relationship between a visitor to the web site and the Firm. Visitors to this web site are cautioned not to transmit confidential, proprietary or privileged information via E-Mail. The attorneys herein are not certified by the the Texas Board of Legal Specialization. They are licensed by the Supreme Court of Texas.
Copyright © 1997-2010 Dickinson & Wheelock, P.C. All rights reserved. TexasFranchiseAttorney.com, www.DWLegal.com