STARTING A NEW FRANCHISE - Franchisee Lawyer

Beginning a new franchise can be extremely challenging, making the professional advice of a franchise lawyer invaluable.

The promoters of franchises are constantly selling a glorious tale as to all the benefits and rewards associated with acquiring and operating a new franchise. The truth, however, is generally very different from the sales pitch. Franchising offers no promise of success and anyone who believes that is simply fooling themselves.

When it comes to franchising, you really need to scrutinize the offer and pick through all the promotional fluff and rhetoric and honestly determine the financial returns that are possible from engaging in a particular franchise system in a particular geographic territory. The results for each franchisee will be quite different from those of other franchisees, irrespective of the common sales pitch delivered by franchise promoters as to the 'average' of financial returns that can be 'anticipated' on the basis of 'past performance'. All that really matters are the results that you will achieve, so you need to scrutinize this particular investment before your money and financial future are inappropriately directed to an underperforming franchise system and/or location.

This is merely the first step in the franchise acquisition process, as there are a range of challenges and issues that you will need to address as you determine the viability of proceeding and how you intend to optimize your particular franchising venture. Such a process benefits from the involvement of knowledgeable professionals, including experienced legal counsel that is interested in your business success.

Chris Neufeld is a business lawyer knowledgeable in the rigors and challenges of the franchise business, together with the legal constructs that are critical to their effective operation.  For solid legal representation in starting, acquiring / selling, operating and managing a franchise, contact franchisee lawyer Chris Neufeld at 416-887-9702 / 905-616-8864 or Contact@FranchiseeLawyer.ca.