Franchising an already successful business
can be one of the most exciting and challenging business decisions
you’ll ever make. It holds out the potential for significant
expansion, largely financed with the investments of your franchisees,
as well as developing a nationally recognized brand and expanding
your market share and level of customer recognition. Each franchisee
is deemed an independent contractor so, as a general rule, the potential
liability is far less in franchising than in traditional company expansion
methods.
At the
same time, the legal requirements associated with franchising can
be complex and intimidating. Becoming a successful franchisor requires
learning a whole new set of skills, beyond those that have already
made you successful in business.
Holmes Lofstrom specializes in franchising, representing “start
up” franchisors along with well-established franchise systems.
We have extensive franchise law experience, and a number of our attorneys
have been in senior positions with nationally and international known
franchisors. We’re familiar with the business and legal challenges
of building a franchise system, and can share our knowledge of “best
practices” in franchising, having seen common factors in successful
and unsuccessful systems.
After your franchise system has been launched, we remain available
to your team, counseling you on how to stay in compliance with complex
franchise laws and to deal with the day-to-day issues that arise in
franchising. Our multiple years of experience in franchising allow
us to provide you with practical, time-tested solutions in an efficient
cost-effective manner.
We have a national reputation in franchise law. Our attorneys have
been members and Co-chairs of the California State Bar Franchise Law
Committee, drafting significant portions of the California Franchise
Investment Law, been members of various International Franchise Association
(IFA) committees and are regular speakers at IFA-sponsored events.
Fill out
our Information Request Form or call us at
(562) 596-0116 for a free initial phone consultation.