It is important to speak to the lawyers who have been forming franchising contracts for a number of years, and know different federal and state aspects of the law well. For start-ups, our franchise attorneys assist in (i) determining whether franchising is the proper method to further develop a business, (ii) creating a franchise program, (iii) drafting franchise disclosure documents (FDD) and other franchise-related agreements, and (iv) preparing and filing disclosure documents for state registration where necessary. Our franchise attorneys are based in Charlotte, North Carolina, and represent clients nationwide who are ready to help you with legal franchise services and business planning steps involved with creating a franchise. We can help you. We can help. Do you want to quit your 9 to 5. Open a business with a proven model of success? A Minnesota franchise attorney can help you draft an appropriate shareholder agreement, buy-sell agreement, or partnership agreement if there will be multiple owners. If someone asks what I would do, I will tell them. Likewise, I get annoyed when prospective franchisees call me for advise and then tell me that they have read the franchise agreement and feel pretty good about it. Here are three online resources that you can use to help find a franchise attorney:- The American Association of Franchisees & Dealers (AAFD) lists several franchise attorneys on their website.- The LawInfo website lists franchise attorneys by state.- FindLaw lists franchise attorneys by state and city.
Find out if the franchisor is willing to make changes to the franchise agreement before going to the lawyer. But when one hires an inexperienced lawyer for their particular industry, the long-term cost to the business could be catastrophic. Further, in addition to general franchise laws, there are prolific special-industry state laws that exist in any one state. Additionally, we advise on industry- specific laws governing distribution relationships, including automobile and recreational vehicle dealerships, petroleum sales, and others. For foreign franchisors and other companies looking to expand into the United States through franchising or contractual distribution relationships, our experienced cross-border attorneys assist with international tax planning, transfer pricing, the translation of foreign franchise and other documents, immigration, and other cross-border issues. As of July 1, 2008, all franchisors must comply with the new Federal Trade Commission Franchise Rule. Under the Minnesota Franchise Act, the franchisor must register with the state. Each year no more than 5 percent of the attorneys in the state are selected for the Super Lawyers list, and no more than 2.5 percent for the Rising Stars list. Keep in mind that lawyers specialize as well. The ability to walk away from a deal may result in concessions as well.
Kaufmann Gildin has deep experience in structuring, implementing, documenting and registering new franchise programs; modifying or overhauling existing franchise networks; participating as franchise counsel in over $30 billion in franchise-related merger, acquisition and securitization activity; applying extraordinary government relations skills; deploying a litigation team whose record is remarkable and renowned among Kaufmann Gildin’s clients; conceptualizing the securitization financing structure that has been used in virtually every franchise-related securitization ever successfully accomplished in this country; and, is nationally acclaimed by both clients and government officials for its ability to prepare franchise agreements and disclosure documents which are comprehensive, as sophisticated as the situation warrants and yet facilitate the franchise marketing process by being so “user friendly”. As well as many of our nation’s leading investment banks, private equity concerns and law firms rely on Kaufmann Gildin’s expertise when confronting sophisticated franchise-related acquisitions, financings and litigation. After five years at one, and then six years at the other, Goldstein moved to a partnership position in one of the most respected litigation boutiques in Philadelphia, during which he began to specialize in representing only franchisees and dealers. Although we are always strategic and well-balanced in how we approach dispute resolution, we are aggressive courtroom and trial advocates with significant victories achieved for franchisees in litigation, arbitration and mediation.
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We are aggressive and strategic courtroom trial advocates with significant victories achieved for franchisees through litigation, arbitration and mediation. The franchisor discourages you from talking to other franchisees before signing the franchise agreement. If you are thinking of entering into a franchise agreement within the State of Minnesota, you should retain a Minnesota franchise attorney. Several states, including Minnesota, have adopted stringent franchise laws. They also stay current with the ever-changing franchise laws including those that are specific to your state. In addition, franchise attorneys keep up with all of the latest franchise laws.And, franchise laws can vary from state to state. If your taxes are simple you can expect to have quick turn around and a fair price. Expats seeking enable with their US taxes would do very well to decide on a tax planning service that knows their way close to the foreign earned salary exclusion, bona fide residence check and tax treaties. Check their website to see if “Franchise Law” is listed as a separate practice area. Not all people should become franchisees, it is important to know whether you are one of them; 2) Don’t buy a system because you have seen it be successful elsewhere, buy it because you see how YOU can make it successful with a well thought out strategy, plan and system to make it work; and 3) Take your time and seek out good counsel from a lawyer, accountant, advisor and banker before you buy a franchise.