A small business franchise is where a small business owner opens up a branch or another department of an existing company. Here, the business owner is allowed to use the existing company’s:
This may be beneficial for persons who’d like to operate their own business, but don’t want to do so from scratch. Franchises operate in a similar manner to a small business partnership.
Some advantages of small business franchising may include:
Some drawbacks may include:
In addition, franchise liability laws can sometimes be tricky. Depending on the violation or legal issue involved, the franchise owner can still be held liable for certain claims. In other instances, the overall (national) management may be held liable. This all depends on the fact involved in the legal dispute.
Small business franchises can offer various advantages to future small business owners. You may wish to hire a lawyer if you need help starting a business or if you need assistance with documents. Your attorney can advise you during the filing process. Also, if you need to file a legal claim for a dispute, your attorney can represent you on those issues as well.
Last Modified: 05-05-2014 02:46 PM PDTLaw Library Disclaimer
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