Franchise Arbitration

Franchise arbitration is a process used to resolve disputes between franchisees and franchisors outside of court. Instead of going through a lengthy legal battle, both parties agree to present their case to an independent arbitrator, who makes a binding decision. This method is typically faster and less expensive than traditional litigation, helping to preserve business relationships. Arbitration is often outlined in the franchise agreement, specifying how disputes should be handled, making it a preferred choice for many businesses in the franchise industry.