Business Law

Franchising 101: An Introduction to Franchising a Business

Franchising a business is the process where business owners license the rights to operate their business to third-party operators. Depending on whether you find yourself as either a buyer or seller in a franchise, there are many differences as to how you would normally approach a franchising situation. Whether you are a franchisee or a franchisor, contacting a business lawyer with expertise in franchising is essential. There are many considerations and bodies of law that are apparent in the franchising world and taking the right steps to handle franchising could be the difference between success and failure.