Why You Should Hire A Franchise Lawyer
Going into the franchising business can be very exciting for the first-time franchisor. On the other hand, thinking about all the legal matters that need to be considered and the required documentation to be submitted, may seem intimidating and can be overwhelming. Hiring a Franchise attorneys - a legal expert in this field - can make your goal of owning your first franchise a lot less difficult to achieve.
A Canadian Franchise Lawyer can help you in many ways, starting from the very first step of the franchising process. Your lawyer can help you create a franchise program and draft the necessary legal documents. He or she can also give you advice on day-to-day business matters and regulatory compliance, and help enforce the franchise agreement terms in the event of a dispute. In addition, franchise attorneys can also give advice on matters relating to franchising and distribution: secured transactions, bankruptcy, intellectual property, employment law, antitrust, and vicarious liability.
In addition to these services, franchising attorneys can also represent you in the review and negotiation of franchise and master licensing agreements, as well as in contracts relating to international franchising, strategic alliances, and branding programs. If you are looking to put up a franchising company that distributes products through networks of wholesalers or dealers, these lawyers can provide counsel on contract issues and potential application of franchise statutes.
Some other situations may arise during the course of running a franchise business that may warrant the services of a franchise attorney. Such cases include: terminating the franchise relationship, vicarious liability cases, and statutory compliance. In the case of termination of the franchise relationship, your lawyer will ensure that the terms of the franchise agreement are upheld. For vicarious liability cases, your attorney can have the case against you dismissed, or negotiate a nominal settlement. And for statutory compliance, your lawyer will act as a liaison between you and the federal and provincial regulatory agencies to resolve andy issues or concerns related to allegations made by the franchisee. Your attorney will also represent and defend you during legal proceedings.