Franchisee AssistanceLawyers Providing Nationwide Franchisee AssistanceSkilled Philadelphia Franchise Law Attorneys Purchasing a franchise can be one of the most efficient ways to achieve the American dream of owning your own business. However, buying a franchise can also be filled with risks. It is important that you are informed of your obligations and rights. Don't let your business dreams turn into a nightmare. If you are thinking of buying a franchise, contact an experienced franchise lawyer at the Philadelphia Law Offices of Nancy L. Lanard, P.C., today to discuss your plans. We stay on the cutting edge of the franchise world in order to serve you best. "We have helped hundreds of people throughout the United States evaluate franchise opportunities." — Attorney Nancy Lanard Buying a Franchise? What to Do NextRead the Franchise Disclosure Document (FDD). It describes the investment you will be making, the anticipated initial costs, your legal obligations and the background and financial strength of the franchisor, among other things. Contact current and former franchisees. Ask lots of questions, including ones to help you determine the strengths and weaknesses of the franchisor. Review the franchisor's audited financial statements with an experienced business accountant. (These financial statements are contained in the FDD) Ask your accountant to evaluate the financial strength of the franchisor, whether this business will help you accomplish your financial goals and an estimate of how long it will take to meet those goals. Consult an experienced franchise attorney. Purchasing a franchise is a major decision. Do not sign any franchise agreement without thoroughly exploring the opportunities and obligations involved. The franchisee assistance lawyers at the Law Offices of Nancy L. Lanard, P.C., can advise you on the risks and advantages of making this substantial investment before you sign a franchise agreement. We can help you answer these important questions:
Legal Advice Throughout the Life of Your businessOur service doesn't end after the opening of your franchise. We provide a variety of business law services, including help with commercial leases, advice on employment law matters and preparation of employee handbooks and policies. We can assist with drafting and review of business contracts. We also assist franchisees when it comes time to sell a franchise business. The franchise attorneys at the Law Offices of Nancy L. Lanard, P.C., help people take advantage of franchise opportunities throughout the United States. Contact our Philadelphia franchise lawyers today. To learn more about franchising, read Nancy Lanard's articles: Fend Off Franchising Fiascos [pdf] and On the Road to a Franchise. For a useful handout, see Buying a Franchise. |
