Premier Patent and Trademark Attorney - Gold and Rizvi.
Patent Attorney Call Toll-Free:
1-866-Idea-Attorneys
1-866-433-2288

Franchising Success


Franchising can be a phenomenal way to expand a successful business idea. By simply attracting individuals who are willing to invest their time and money in proven business and marketing techniques, a franchise owner can realize growth rates significantly higher than if they were to open new location by themselves.

But before you jump head-first into franchising your business, take a step back and consider a few of the critical areas you should consider before moving forward.

If you have questions about Franchise Law, just complete the form below - or call John or Glenn toll-free at 1-866-433-2288



Please identify the photo below:
ddd

First, individuals will invest in a franchise because it minimizes the risk of starting a new business from scratch. And before they write a check for five or six-figures, they want to be sure that they're investing in a business that is already proven to be successful.

That means your original business should already have a loyal consumer following and some degree of brand recognition. If your business has not been tested in real market conditions, then the business is not yet ready to be franchised.

You'll find that the bedrock of a successful business that can be franchised is a trademark for their product or service. Therefore, any franchise agreement is really a license from the owner of a trademark (franchisor) giving another individual (the franchisee) the right to sell the product or service represented by that trademark.

So, a franchise agreement allows a franchisee to operate a business or sell a product or service utilizing tested methods and the established a trademark of the franchisor. And that agreement details the fee the franchisee we'll pay to the franchisor - which usually consists of an initial fee as well as periodic royalty payments.

For these fees, the franchisee is usually given an exclusive territory with assurances that he or she will be the only provider of the franchise's goods or services in a particular geographical area.

As part of this agreement, the franchisor is usually obligated to assist with advertising, training, management assistance, purchasing and research and development.

Prior to the first meeting with the potential franchisee, you'll have them complete an application which will detail their educational background, employment history, investment capability and any other information you find necessary.

If you decide to meet with the potential franchisees, the franchisor must make available to the franchisee a Uniform Franchise Offering Circle (UFOC). If the UFOC is not available for the first meeting, by law it must be provided to the franchisee at least 10 days before the franchisee signs an agreement or hands you a check.

These requirements are set-in-stone and any violation may result in the franchisor facing civil and criminal penalties down the road.

If you have a successful business and believe it can be franchised, spend a few minutes early in this process and locate a professional franchise law attorney.

If you find you're having a difficult time finding a content franchise attorney in your area, then don't hesitate to call us toll-free at 1-866-433-2288 or use the contact form found on this page. We'll be glad to discuss your franchise idea.





Our Locations
Patent and Trademark Offices in Florida, Nevada & New York
Main Office - Coral Springs, Florida

Coral Springs Patent Office

Coral Springs, Florida
Broward County
11575 Heron Bay Blvd., Suite 309
Coral Springs, FL 33076
954-452-0033
Toll Free: 1-866-433-2288
Patent Attorneys Office in NYC
Satellite Office Location

New York City Patent Office

New York City
415 Madison Avenue
New York, NY 10017
646-666-9058
Toll Free: 1-866-433-2288


Map and Directions

Las Vegas Patent Attorneys Office

Las Vegas Main Satellite Office
9555 South Eastern Avenue, Suite 210
Las Vegas, Nevada 89123
702-997-1826
Toll Free: 1-866-433-2288

Map and Directions

Las Vegas Alternate Satellite Office Locations

Las Vegas Patent Attorneys South Office
South Location - East of Strip


Las Vegas Patent Attorneys North Office
North Location - West of Strip




 

email

1-866-Idea-Attorneys
(Toll-Free)

GOLD & RIZVI, P.A.
The Idea Attorneys®
11575 Heron Bay Blvd. Suite 309
Coral Springs FL, 33076




 


Submit Invention Idea Now

Patent Attorney - Trademark Attorney | Meet Us | Intellectual Property | Meet our Patent and Trademark Clients | Copyright Law Attorneys - Copyright Law Lawyers | Trade Secrets Attorney - Trade Secrets Lawyer | Internet Attorneys - Cyber Law Attorneys - Computer Lawyers | Patent Law Attorneys - Patent Law Lawyers | How to Get a Patent | Free Patent Information | Free Confidential Evaluation of your Idea by an Attorney | Free Trademark Information Request | Free No Obligation Trademark Evaluation | Las Vegas Patent Attorney - Patent Attorney Las Vegas,Lawyers | Patent NYC - Patent Attorney in NYC,Lawyer | Unfair Competition Attorney - Unfair Competition Lawyer | Franchise Law Attorneys - Franchise Law Lawyer | Trademark Law Attorneys - Trademark Law Lawyers | Patent and Trademark Resources | Other Legal Resources | Contact a Patent Attorney at Gold and Rizvi | Sitemap

Copyright Gold & Rizvi, P.A. All Rights Reserved