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Don’t Be A Cheapskate: Hire A Franchise Lawyer

why hire a lawyer

 

When do you need a franchise lawyer?

Before you sign your franchise contract.

Why?

So you know exactly who’s responsible for what.

There are certain obligations that you’ll be responsible for as the franchisee. And, there are certain things that the franchisor will be responsible for during the life of the contract.

Since most franchise contracts (agreements) last a period of 10 years, don’t you think that it’s kind of important for you to know what your obligations are?

 

Don’t Be A Cheapskate: Hire A Franchise Lawyer

You may be about to invest $250,000 into a franchise business.

It’s not the time to start looking around for a bunch of free franchise information. There’s no such thing as free legal advice from a franchise lawyer.

Don’t be a cheapskate: Hire a franchise lawyer.

There are lots of details involved in setting up a franchise business. Most of them will be found in the Franchise Disclosure Document, a really long and really boring document that you must have in your hot little hands (by law) before you send a check to the franchisor.

The FDD may even contain an earnings claim.

The infographic below shows why lawyers charge what they do.

Maybe it will help you not be cheap.

Being a cheapskate now could cost you a lot later.
Click image to see a larger versionThe True Cost of An Attorney InfographicThe True Cost of An Attorney Infographic via UpCounsel





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Don't Be A Cheapskate: Hire A Franchise Lawyer by
About The Franchise King®

My name is Joel Libava, and I'm the author of Become a Franchise Owner! In addition, I'm a franchise ownership advisor. I teach people the best way to choose, research, and buy franchises.