Franchising / Business
Franchising depends on a marketing idea which can be perceived by an association or business organization as a technique for their business extension. It categorically involves some unique ideas and resolutions, excellent strategy for its implementation in compliance to the products and services that it provides. In simpler words, franchising is a pathway to success if adopted wisely. Likewise, franchising for the distribution and sale of services and products also limits its capital and liability risk.
At Wenokur Riordan PLLC, we guide franchisees with the most competent concepts as per their needs and demands. Our Franchise Attorneys in Washington are highly dedicated to their work and make sure that each franchising resolution is different from the other, if not different, and suits the most to your business strategy.
We help franchisees with all aspects of buying, selling and developing units, leasing space, borrowing money, leasing equipment, making improvements, handling insurance matters, renewing franchise agreements and advising generally on all aspects of their business. We represent franchisees with dozens of locations, and many with units in more than one concept. Some representative franchise systems are: Taco Bell, KFC, Wendy’s, Burger King, PIP Printing, Arby’s, Carl’s Jr, Hardee’s, Jiffy Lube, Massage Envy, Fantastic Sam’s and many others.
We understand the unique nature of running a franchised business. We understand what issues matter to franchisors, bankers and landlords and how to help the franchise owner navigate these competing priorities and even use them to advantage. Our clients appreciate that we often know their bankers and key people at their franchisor’s corporate office. We learn about franchised businesses every day and bring new ideas and solutions to each franchisee’s business.
For those purchasing a franchise for the first time, we offer flat fee review, consultation and negotiation with respect to the FDD and franchise agreement itself, as well as a full menu of flat fee arrangements for lease review and negotiation, asset purchase agreements for existing sites, partnership agreements, review and negotiation of loan documents, drafting loan documents for friends and family lending and corporate formation. You will know the cost before we start, not when you get the bill.
Contact us to discuss how we can help you grow and hang on to the business you’ve built!
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