Recently, Jason Power, one of our senior partners, was asked to write a three part series for Franchising USA Magazine about buying a franchise. In his article, he discusses the best ways to negotiate a franchise purchase, what to ask yourself and those close to you before you buy a franchise, where you can look to for help with researching franchises and obtaining financing.
Because many franchise purchasers do not speak with an attorney, or any advisor, before signing a franchise agreement, Jason put these articles together to give franchise purchasers a basic level course in buying a franchise. You can read the full articles for series 1 and 2 through Franchising USA Magazine at the links below and keep an eye out for the third part in the series to be available by November 15.
Series 1 http://www.franchisingusamagazine.com/expert-advice/franchising-101-terms-traits-tools-part/
Series 2 http://www.franchisingusamagazine.com/expert-advice/franchising-101-terms-traits-tools-part-ii/
To learn more about franchising or to speak with one of our franchise attorneys, call us toll free at 866-993-7262 or email us at Franchising@sla.law.