Advising the Prospective Franchisee
With over 27 years of experience, Mr. Kaplan has reviewed almost every kind of franchise agreement that has been drafted. Quite often what isn't provided for in the agreement is as important as what is. You need an attorney who knows the kind of business relationship that-you are entering into, who is familiar with working and negotiating with Franchisors.
Mr. Kaplan will assist you with the due diligence of the opportunity that you are contemplating, helping you to understand such things as:
You will be best served if you work with someone who has the knowledge and experience of franchise legal relationships. Jerome Kaplan has that knowledge and experience.
With over 27 years of experience, Mr. Kaplan has reviewed almost every kind of franchise agreement that has been drafted. Quite often what isn't provided for in the agreement is as important as what is. You need an attorney who knows the kind of business relationship that-you are entering into, who is familiar with working and negotiating with Franchisors.
Mr. Kaplan will assist you with the due diligence of the opportunity that you are contemplating, helping you to understand such things as:
- What the agreement is committing you to.
- How it compares and competes with others in the industry.
- What may and may not the Franchisor negotiate.
- Any type of special experience that is required in the business.
- · Who the franchisor is, what has its track record been, and the experience of its primary personnel.
- What questions to ask other franchisees.
- What are the true costs to get into the franchise.
- What are the products or services that must be bought from the franchisor and/or its designated or approved sources.
- The terms and conditions under which the franchise relationship can be terminated or altered.
- The financial conditions of the franchisor and its system
- Many of the other areas that are unique to a franchise system.
You will be best served if you work with someone who has the knowledge and experience of franchise legal relationships. Jerome Kaplan has that knowledge and experience.