If you’re a business owner, you know that franchising is an effective and often lucrative way to grow your business. But with any type of franchising, there comes the need for legal help in order to ensure that all parties involved are meeting their obligations. One such example is when entering into a franchise area development agreement.
How can you tell when it’s time to get professional legal help? Let’s break it down.
Why You Need Legal Help with Your FADA
When it comes to setting up or reviewing your franchise area development agreement, it’s always best practice to consult with an experienced attorney before signing anything. An attorney can review your proposed agreement and provide advice on how best to protect your interests.
They can also help explain any potential risks associated with the agreement, help negotiate better terms, and make sure that everything complies with applicable laws and regulations. Additionally, they can advise on whether or not certain clauses should be included in the contract — such as arbitration clauses or confidentiality agreements — and suggest alternative language if needed.
What to Look for in a Franchise Attorney
The most important thing when choosing an attorney is making sure they specialize in franchise law so they understand all aspects of your franchise area development agreement. Additionally, look for someone who has experience representing clients in negotiations, disputes, and litigation related to franchises. Finally, make sure they have established relationships with local government agencies that could affect your franchise operation such as city zoning boards or state labor departments.