A franchise allows a potential business owner to use a successful business model for the sale of goods and services. Franchises are regulated by both federal and state laws, and it is extremely important that you understand your rights and obligations before entering into any contracts. As with any decision, there are many points to consider before buying a franchise. Due to the complexity of this type of business transaction, it is best to engage an experienced attorney who can ensure that you are meeting all the legal requirements.
Written By:Tracy Jong