If you recently attended a franchise show and are thinking about buying a franchise, there is a lot you need to know. Buying a franchise is a major investment; and, while franchise ownership presents many opportunities, there is also a lot that can go wrong. Before you sign a franchise agreement, be sure to follow these 10 tips from national franchisee attorney Jeffrey M. Goldstein.

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As a franchisee, there is a good chance that you are required to resolve any disputes with your franchisor through alternative dispute resolution (ADR)—either mediation or arbitration. Franchisors like mandatory ADR clauses for a variety of reasons, and they tend to favor mandatory arbitration clauses in particular. Arbitrating a dispute with your franchisor requires experienced legal representation; and, if you are facing a dispute with your franchisor in Massachusetts, you will want to speak with a Boston franchise attorney as soon as possible.

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If you are facing a dispute with your franchisor, you need to be very careful to protect yourself. Whether your goal is to save your franchise or to exit the system and move on to your next opportunity, you need to avoid a variety of mistakes that could prove very costly. As national franchise lawyer Jeffrey M. Goldstein explains, while franchisees have clear legal rights, these rights are limited in various respects, and those who do not take advantage of the rights they have available can find themselves facing unnecessary consequences.

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As a franchise owner, you can feel price pressure on both ends. Not only can rising prices make it more difficult to make ends meet, but you can also face resistance from customers (or would-be customers) who think you are charging more than you should.

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Buying a franchise in Illinois requires careful decision-making. This applies across the board—from choosing the specific franchise opportunity that you want to pursue to choosing your territory. When it comes to choosing your territory, there are lots of factors to consider, and this makes it critical to work with an experienced Illinois franchise attorney who can help you make informed decisions throughout the buying process.

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When you are thinking about buying a franchise, one of the key factors to consider (among many others) is the size and geographic dispersal of the franchise system. This includes not only the number and location of unit franchises, but also the number and location of any master franchisees.

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As a franchisee, you need to know that you are making informed decisions when facing a dispute with your franchisor. For most franchisees, making informed decisions starts with looking for information online, and in New York, a good place to go for reliable information is the New York State Attorney General’s website.

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With concerns about climate change, habitat loss and other environmental threats regularly garnering headlines, we are seeing a resurgence in environmentally friendly businesses and business practices. A recent study found that more American consumers are willing to pay premiums for sustainable products than they were a few years ago, and we are also seeing an increase in sustainability-focused franchise opportunities. Does this mean that now is a good time to consider an environmentally friendly franchise? Learn about some key considerations from national franchise attorney Jeffrey M. Goldstein.

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If you are thinking about buying a franchise, how can you make sure you don’t regret your franchise purchase? This is a critical question that far too many prospective franchisees fail to take seriously. Buying a franchise requires a substantial investment that you can lose if your business isn’t successful, and even after you lose your investment, you can still find yourself facing claims from your former franchisor for lost future royalties. So, how can you ensure that you are making a sound decision? National franchise lawyer Jeffrey M. Goldstein explains.

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If you are thinking about buying a franchise, you need to be sure to avoid costly mistakes. While buying a franchise can be a good investment, franchises can—and do—fail. Ultimately, it is up to you to decide what you want to do; and, while this can be daunting, there are clear steps you can take to help maximize your chances of success. Here are some tips from national franchise attorney Jeffrey M. Goldstein.

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