Franchise Lawyer – a specialist in franchise law
Copyright 2011, Kevin B.
Murphy, B.
S.
, M.
B.
A.
, J.
D.
- all rights reserved
A franchise lawyer is one whose primary practice is franchise law.
There can franchise
lawyers who help those interested in making a franchise investment.
The types of legal
services offered by...
More
Franchise Lawyer – a specialist in franchise law Copyright 2011, Kevin B. Murphy, B. S. , M. B. A. , J. D. - all rights reserved A franchise lawyer is one whose primary practice is franchise law. There can franchise lawyers who help those interested in making a franchise investment. The types of legal services offered by franchise lawyers of this type include negotiating franchise contracts, reviewing disclosure documents and sometimes negotiating the lease for the ultimate retail location. Fees for franchise lawyers are an hourly rate that ranges from a low of $300 to $600 or more per hour. The second kind of franchise lawyer are those who help companies that want to expand and sell franchises for their business model. A franchise lawyer of this type usually drafts Franchise Foundations - 4157 23rd Street, San Francisco, California 94114 Ph: 800. 942. 4402 Page 1
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From Smith Allen
How To Franchise
Copyright2010,Kevin B.
Murphy,B.
S.
,M.
B.
A.
, J.
D.
- all rightsreserved
Answering the“how tofranchise”questionis relatively straightforward.
Beforewe getto
that, the starting point is to realize a franchise your business program allows your
company to get out of the trenches and become highly-paid generals...
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How To Franchise Copyright2010,Kevin B. Murphy,B. S. ,M. B. A. , J. D. - all rightsreserved Answering the“how tofranchise”questionis relatively straightforward. Beforewe getto that, the starting point is to realize a franchise your business program allows your company to get out of the trenches and become highly-paid generals overseeing your soldiers. Long-term options are also attractive. Build an empire and relax, or let the franchise company be acquiredby an increasing numberof large,international companies thatare looking for small, but growing U. S. franchise companies to take to the next level. According to the International Franchise Association, 900 new companies have franchisedin thelastthreeyears. FRANCHISE FEASIBILITY The first critical step in how to franchise is conducting a feasibility analysis. Is the business model successful? Can it be replicated and taught to others? Are their any underling problems that need to be addressed? Franchising will not solve existing
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From Smith Allen
Franchise Lawyer – a new breed of legal eagle
Copyright2010,Kevin B.
Murphy,B.
S.
,M.
B.
A.
,J.
D.
- all rightsreserved
A franchise lawyer is an attorney who specializes in franchise law.
Typically, thereare
two types of franchiselawyers.
The firstareattorneys who representpeoplewho wantto
buy a franchise.
The spectrum of legal...
More
Franchise Lawyer – a new breed of legal eagle Copyright2010,Kevin B. Murphy,B. S. ,M. B. A. ,J. D. - all rightsreserved A franchise lawyer is an attorney who specializes in franchise law. Typically, thereare two types of franchiselawyers. The firstareattorneys who representpeoplewho wantto buy a franchise. The spectrum of legal services by these franchise lawyers include reviewing the FDD Franchise Disclosure Document, evaluating the provisions of the franchise agreementand helping negotiatethecontact. Fees to do thesetasks areusually an hourly ratethatrangesfrom $300 to$600 perhour. The second type of franchise lawyer are attorneys who help successful firms become even more successful by entering the franchise industry. These franchise lawyers typically draft a FDD Franchise Disclosure Document, prepare and file franchise registrationapplications in thevarious registration states,as well as respond to comment letters issued by state examiners. The same $300 to $600 hourly rates
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From Smith Allen
FRANCHISING VS.
LICENSING A BUSINESS
© 1990-2010, Kevin B.
Murphy, B.
S.
, M.
B.
A.
, J.
D.
- all rights reserved
FRANCHISE VS.
LICENSE
What s the difference between franchising vs.
licensing a business? Is a license business
model really different from a franchise business model? Whether you’re a franchise
attorney or not, the...
More
FRANCHISING VS. LICENSING A BUSINESS © 1990-2010, Kevin B. Murphy, B. S. , M. B. A. , J. D. - all rights reserved FRANCHISE VS. LICENSE What s the difference between franchising vs. licensing a business? Is a license business model really different from a franchise business model? Whether you’re a franchise attorney or not, the starting point in any analysis is to consider the legal aspects, then the business aspects. This article focuses on the legal aspects. A franchise always includes a license of the brand and operating methods, along with assistance (training, an operations manual, etc. ) or support (providing advice, quality control, inspections, etc. ). A license that is supposedly "not a franchise" but contains these elements is a disguised, illegal franchise with significant legal ramifications and risk. REGULATORY BACKDROP In considering the legal aspects, begin with the following premise that applies to both options: If you put someone into business (or allow them t
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From Smith Allen
BUYING A FRANCHISE – TIPS FROM AN
MBA FRANCHISE ATTORNEY AND FORMER
FRANCHISE OWNER
Copyright 2010, Kevin B.
Murphy, B.
S.
, M.
B.
A.
, J.
D.
- all rights reserved
BUYING A FRANCHISE VERSUS STARTING AN INDEPENDENT BUSINESS
As a franchise attorney who has owned and operated a successful franchise, I can say
buying a franchise...
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BUYING A FRANCHISE – TIPS FROM AN MBA FRANCHISE ATTORNEY AND FORMER FRANCHISE OWNER Copyright 2010, Kevin B. Murphy, B. S. , M. B. A. , J. D. - all rights reserved BUYING A FRANCHISE VERSUS STARTING AN INDEPENDENT BUSINESS As a franchise attorney who has owned and operated a successful franchise, I can say buying a franchise represents a different approach to starting a business. Millions of people dream about owning their own business. Having the independence that being your own boss brings, the security that no one can fire you, hopefully enjoying a good income - and for the most successful - the accumulation of wealth and prosperity. Unfortunately, the cards are stacked against a new small business making it big - or making it at all. An endless stream of problems makes competition from large, sophisticated chains just too intense. Most new start-ups end as failures. Buying a franchise business opportunity may help level the playing field. The U. S. Department of Commerce
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From Smith Allen
HOW TO FRANCHISE A BUSINESS – TIPS FROM AN
MBA FRANCHISE ATTORNEY AND FORMER FRANCHISE OWNER
Copyright 2010, Kevin B.
Murphy, B.
S.
, M.
B.
A.
, J.
D.
- all rights reserved
WHY COMPANIES FRANCHISE A BUSINESS MODEL
Imagine opening 100 new business locations without having to foot any bills for real
estate, equipment and build out...
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HOW TO FRANCHISE A BUSINESS – TIPS FROM AN MBA FRANCHISE ATTORNEY AND FORMER FRANCHISE OWNER Copyright 2010, Kevin B. Murphy, B. S. , M. B. A. , J. D. - all rights reserved WHY COMPANIES FRANCHISE A BUSINESS MODEL Imagine opening 100 new business locations without having to foot any bills for real estate, equipment and build out costs or taking on any risk. Even more, imagine managers running all those locations, which are just as committed to growing the company as you and not having to pay them a dime. In fact they pay you money for the right to operate your business model. For many companies, creating a franchise program is a sensible way to achieve rapid, profitable growth without giving up any control or ownership. Going from a single location to a dozens or even hundreds is possible and well-documented because franchise owner-investors put up all investment capital, shoulder all risk and assume all day-to-day operating responsibilities. It s expansion, using OPM - Other Pe
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From Smith Allen
United States
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