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Helping
Start-up Franchisors
Additional
pages on franchise law:
Franchise Law
Helping Existing Franchisors
Helping Franchisees
I help
franchisors in launching your new franchise systems. I
help you decide whether or not a franchise system is a good
way to develop your business, including from a cost /
benefit perspective. If franchising seems right for
you, we will set up your new franchise system. My work
will include the preparation of your legal documents
including
your
Uniform Franchise Disclosure Document (commonly called the
UFDD or UFOC)
and
Franchise Agreement, your franchise
registrations and your other legal compliance work.
If you are
interested in the basics of franchising, please read my
articles
Should I Franchise My
Business? and
How to
Start a Franchise System. Start with the first
article, Should I Franchise My Business, and if you are
still interested in franchising, move on to How to Start a
Franchise System.
For help
with your franchise disclosure document (UFDD / UFOC), see my
article
The
Franchise Disclosure Document.
For an
overview of registering your franchise in CA, see
California Franchise Registration.
To
understand how to use non-competition covenants against
franchisees, see
Franchise Non-Competition Agreements in California.
As for the timetable for roll out of your franchise
offering, we can have your UFDD / UFOC and Franchise Agreement ready in less
than a month (assuming that you respond quickly and
thoroughly to my requests for information). Once the
franchise documents are ready, you can begin selling
franchises in non-registration states. For states that
require registration, add on another 2-6 weeks for filing,
depending on the state.
In addition
to franchise matters, I help franchisors with your general
legal needs, including trademarks, corporate / LLC
structures, partner / shareholder issues, business purchases
or sales and more. In addition, because I practice
securities laws, I help franchisors with the capital
financing of your franchise systems. This work includes
private offerings of stock in the franchisor corporation to
investors to raise capital for the franchise system launch
and expansion.
Legal Fees.
I offer a flat-fee arrangement for the preparation of
your UFOC, Franchise Agreement and other franchise
documents. My fees for a basic franchise package
consisting of a UFOC plus Franchise
Agreement range from $15,000 to $25,000, depending on
the complexity involved. My fees for franchise
registration and renewal range from $500 to $2,000 per
state, depending on the state. Otherwise I charge $225
per hour. I offer discounts for volume work.
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