
Franchise Legal Considerations
When considering a franchise, it's important to understand legal aspects that protect both the franchisor and franchisee. This includes reviewing the Franchise Disclosure Document (FDD), which outlines essential details like fees, obligations, and legal rights. Franchise agreements are contracts that specify terms of operation and support. Compliance with local and federal laws is crucial, as is understanding intellectual property rights, such as trademarks. It’s wise to consult a legal expert to navigate these complexities and ensure a secure investment and operational framework for your franchise business.