In the U.S. alone, the most recent Census Bureau survey reported that 1 out of every 10 businesses is a franchise. In addition, there are millions more that operate under licenses or various types of distribution networks.
Like in any other business enterprise, a potential franchisee or franchisor must understand the law, and those laws vary from state to state. Moreover, they are complicated and unforgiving. Franchising agreements and offering circulars must meet certain criteria and statutes, and if not, problems—both legal and otherwise—are often sure to follow.
The Gertsburg Law Firm offers franchise attorneys well versed in the industry, on both the transactional and litigation ends.