Getting Business Help
Home | Blog | Getting Business Help
Getting Business Help

Even the most comprehensive franchise agreements leave a great deal of decisions that the individual franchisee must solve. As a new franchisee, you should not assume that a franchisor will automatically help you with certain critical business decisions. One of the first and greatest business decision that you can make, is how to select, negotiate, and close the deal on a commercial lease. Rather trying to figure it out on your own, call international franchise attorney Mario L. Herman to work with you every step of the way as you set up your franchise.

When we analyze a franchise agreement, one of the first things we check is to what degree, if any, the franchisor is willing to provide assistance to you in selecting a location for your business and negotiating a lease. Does the franchisor offer specific recommendations on the terms and length of a lease that is recommended, or is it left up to the discretion of the franchisee?

Franchisors will sometimes offer to sign the lease and sublet the space to the franchisee. You also need to know who will have the final say on the terms and conditions. The more involved the franchisor is willing to be, the more favorable terms they naturally want on their side to limit their exposure. Another question you may want to ask is if there is a local realtor that has experience in finding excellent or up and coming locations for similar franchises. Do you get to make the final decision as to location and lease or is that left up to the franchisor?

These questions and more should be handled by your franchise attorney. You can solve a host of important technical question by having a franchise attorney on your team that will scour your franchise agreement and works with your franchisor to facilitate getting the best location available and the best terms that can be negotiated. Call franchise attorney Mario L. Herman today.