Practice Areas

• Personal Injury
• Zadroga Bill
• Social Security Disability
• Workers' Compensation
• Real Estate Law
• Business Law
• Franchise Law

Blog

Franchise Law

• Restaurant Franchise in New York: Fast Food Pasta Coming to Manhattan, Long Island and New Jersey
• Personal Service Franchises Are Gaining More Popularity and Are Expected to Grow Faster Than Other Types of Franchises
• Home Based Franchises Becoming More Popular Because of Economy
• Developing a Franchise System that Will Survive Despite a Down Economy
• Franchising in the New Economy: Quiznos Expands to Convenience Stores and Gas Stations

view more

Library

Franchise Law

• Considering Purchasing a New York Franchise? Read This First.

view more

Considering Purchasing a New York Franchise? Read This First.

In the United States there are many possibilities for entrepreneurship. For people who want to start a business that is already planned out for them, buying into a franchise is ideal.

A major advantage to purchasing a franchise is that the business already has an established name and the buyer can capitalize on the franchise’s popularity. Plus, you are able to capitalize on the franchise’s business model.

When negotiating a franchise agreement in New York it is always best to have an experienced New York business attorney on your side to look over and evaluate the contract. It is during the negotiation phase that you will be able to set the terms that will govern the guidelines in which you will have to run your business. Some areas of negotiation that should be considered are price, timing of payments, duration of the franchise, the number of people that will be trained and territorial exclusivity. If you are looking for territorial exclusivity, then you may have to make some concessions to other areas, such as price or duration of franchise.

Always make sure that any modifications to the franchise agreement are recorded in writing, because oral agreements are difficult to recall later and even harder to prove.

Finally, there are many federal regulations that may affect your ability to operate a franchise the way you would like. In addition to the federal regulations, states such as New York, have regulations. Having a New York franchise lawyer who is proficient and experienced in business law is key because he or she will be able to navigate the local restrictions and allowances in order to get your new business on the right track.

If you live in New York and are in the process of or looking to negotiate a franchise agreement, then you should contact the law firm of Decker, Decker, Dito & Internicola at 1-800-976-4904 to talk about your rights and options.