Purchasing and running a franchise is an excellent way to go into business for yourself. You have the advantage of purchasing into a known and established company, but you are in charge of your location. While franchises can provide a great investment for many people, it is important to know exactly what you are getting into before you enter into any agreement.
How an Attorney Can Help
Working with an attorney who is experienced in franchise law and shareholder agreements in Chicago helps ensure that you make the best decision for your particular situation. They can provide advice on the purchase process and help you make sense of the paperwork. Some examples of the types of research an experienced attorney can handle include performing a professional assessment of the franchise opportunity, reviewing the disclosure documents of the franchise, and handling the incorporation process. They can also draft shareholder agreements in Chicago and surrounding areas.
An experienced franchise attorney can also handle the acquisition of real estate for your franchise’s location, develop employment agreements, and handle the financial documentation. They can also step in later if there are issues that require litigation or arbitration. An experienced franchise attorney can handle all aspects of the business process from a legal standpoint. Click here for more information and advice. Liss & Lamar PC have the expertise to handle all aspects of the legal process and would love to talk to you about your particular needs.