Guidance When You Need It – Meet our franchise lawyer!
If you want to buy a franchise business, Barbara Berschler offers representation and guidance throughout the franchise purchase process. She can review and negotiate your franchise agreement, and answer questions about operating your business under such a system.
Requirements and processes for business franchises
The Franchise Disclosure Document (FDD), required to be provided by a franchisor before a sale of a franchise can take place, is a document you want to understand. By her review of the FDD, Ms. Berschler will help you to understand what will be expected of you and what you can expect from the franchisor. The FDD confirms the special relationship between franchisor and franchisee which includes an added level of oversight by the franchisor, as well as specifying royalties, advertising and training fees.
In addition, many states, such as Maryland and Virginia, require the franchisor to register its offering in the state before and may impose additional special requirements.
Barbara Berschler will aid you in understanding the Franchise Disclosure Document also known as the FDD, the allocation of responsibilities between the franchisor and franchisee, and the multiple documents you will be asked to sign, such as a franchise agreement, guaranty, commercial lease, special services contracts.
Because it is critical to be aware of important issues before signing a franchise agreement, Barbara Berschler can help you assess whether the franchisor’s vision will work for you. She is also able to provide such related services as: the formation of a corporation or limited liability company, commercial lease review and negotiation, and assisting in the sale or purchase of a franchised business.