A franchise is a business opportunity acquired by one person, called a franchisee, in exchange for a fee paid to another person, the franchisor. The business opportunity may include a business plan, marketing strategies, training, advertising and/or an inventory supply structure. Before selling a franchise, a franchisor must register with the State where the business will be operated and provide the franchisee with certain information, called a circular.
Haley Palmersheim is experienced in drafting and filing the necessary registration materials on behalf of a franchisor, as well as reviewing those materials for the benefit of a franchisee. Because the fees paid to a franchisor can run in the tens of thousands of dollars, it is important to have a lawyer review those documents before signing any contract.
