Franchising is a great way to either expand or start a Chicago business. In short, a franchise is a license held by a franchisee to run a business and sell products and services under the brand of an existing franchisor’s business, resulting in expanded reach and more customers for both parties.
There are practical and legal considerations when engaging in a franchise, however. Let’s look at a few topics you’ll need to cover.
Franchising Your Business
Now that your Chicago-area business is established and profitable, franchising is a demonstrated way to find capital, time and personnel to expand across the country. Starting a franchise involves a lot of legal and practical concerns as:
• Getting started
• Disclosure documents
• State registrations
• Trademarks
• Disputes and arbitration
A franchising attorney in Chicago can help you prepare documents and provide full franchise legal counsel.
Buying a Franchise
Franchising provides you with an established brand and support system to get your business off the ground. Starting up a successful business takes courage, perseverance and luck. A franchising attorney can guide you through:
• Understanding the buying process
• Evaluating a franchise
• Disclosure documents review
• Leasing
• Disputes and arbitration
Find experienced franchise attorneys to set your business in the right direction.
Liss & Lamar PC brings more than 30 years of experience in franchise law to serving the Greater Chicago area and have the expertise to help you navigate the entire legal process. For a complete list of services offered visit our website, also we’re conveniently located in Oak Brook.
