Legal Counsel For Franchisors And Franchisees
Franchising can be a win-win proposition, but it raises unique risks and obstacles for both parties. Klafter & Mason, L.L.C., enables established companies to profit from their success and expand the market while protecting the brand. Our law firm also enables entrepreneurs to take advantage of a ready-made business opportunity while protecting their investment.
Our experienced business law attorneys provide counsel and representation for all facets of franchise law, from franchise agreements to franchise litigation. Based in Manalapan, we counsel franchisors or franchisees in Monmouth County and throughout New Jersey. Contact us to arrange a free initial consultation.
New Jersey Franchise Agreement Lawyers
A franchisor is a business entity that owns the rights to a product or service, including intellectual property rights. A franchisee is a business or investor group that purchases the right to sell that product. Franchisors typically receive a franchise fee upfront to buy into the business opportunity, plus ongoing royalty fees. In exchange, the franchisee is able to quickly ramp up an independent business around a recognizable brand.
Franchise law is complex and technical, and franchising is strictly regulated by the Federal Trade Commission (FTC) and by New Jersey laws. Our lawyers can advise either party regarding:
- Negotiation of franchise fees and royalties
- Negotiation or review of franchise agreements
- Franchise disclosure document (FDD) required by the FTC
- Franchise registration
- Business entity formation (LLC or partnership)
- Transfer of the franchise
- Termination or non renewal of a franchise
- Fraud, nondisclosure or misrepresentation
Franchise agreements may dictate a wide range of issues, including management, hours of operation, use of trademarks or service marks, signage, equipment and production processes, franchisor promotions, independent advertising, hiring and training, and more. Our knowledgeable attorneys work to clarify each party's rights and obligations under the agreement to avoid legal disputes or regulator scrutiny.
When conflicts do arise, we represent franchisors or franchisees in litigation with each other or in regulatory disputes with the FTC or state agencies. We will vigorously protect your interests in settlement negotiations, administrative law proceedings or civil court.
Experienced Manalapan Franchising Law Attorneys
Astute legal counsel on the front end of franchise transactions offers the greatest protection, but we can advise clients at any juncture. Contact us online or call 732-410-6321 or toll free at 866-219-2495 to schedule a free consultation with one of our knowledgeable business lawyers.