Franchise & Business Law | Westchester Franchise Attorney
Lusthaus Law P.C. represents franchisors, franchisees, and independent business owners in all aspects and at all stages of their business development, management, and operations. With extensive experience in franchise law, Lusthaus Law has one goal: To help every client navigate a clear path to franchise success.
Franchise Matters Blog
Franchise agreements provide for payment of royalties in exchange for the franchisee licensing the rights to use the franchisor’s trademarks, logos, service marks and systems of operation. The amount of royalties is typically based on a percentage of gross sales, a specified minimum amount, or the greater of the two. Gross sales are generally defined […]
One of the first steps involved in buying or selling a franchise is the sharing of the Franchise Disclosure Document(FDD). Under federal and state law, the franchisor must give the FDD to a prospective franchisee. The FDD is intended to help ensure that franchisees can make informed decisions about whether to purchase the franchise. The last […]
Opening a franchise may seem less risky than starting another type of business, but like all new businesses, it can require a significant upfront investment. Running out of money is a big reason why businesses fail. If you are thinking about buying a franchise, you must understand how much working capital you will need. Fortunately, […]