Franchise Law

The decision to purchase a Franchise, License or Business Opportunity is a complex process which typically requires the payment of a large up-front fee to the seller. Considering the large expense and liability associated with these ventures, it is important to obtain the advice and guidance of a qualified attorney. Mooney Law Firm, PLLC offers experienced legal guidance to clients considering the purchase of a Franchise, License or Business Opportunity by reviewing the Uniform Franchise Offering Circular (or similar document) delivered by the seller and related documentation to assist our clients with understanding their obligations regarding the initial fee, royalty fee requirement, marketing obligations, available franchisor support and other business terms.

Starting a new business through these types of opportunities involves risks and benefits. Shortly after the execution of a franchise or license agreement, the purchaser will usually be required to secure operating space through a commercial lease agreement, execute financing documentation and acquire assets and inventory for the business.

Mooney Law Firm, PLLC will help you navigate this process and identify important issues to consider before payment of any fees to the franchisor. Although these opportunities may provide a packaged business model allowing the purchase to “step into” an apparently attractive and viable operation, there is no substitute for fully understanding the complexity of the transaction.

“The information provided on this website is for educational purposes only and shall not constitute legal advice or guidance from Mooney Law Firm, PLLC. No attorney client relationship is created between Mooney Law Firm, PLLC and the website visitor through the review or use of any information provided herein.”

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