Franchise and Franchisee Law and Operation
Attorney Russell D. Brown is a veteran and was a United States Army Reserve Judge Advocate. Because of his military background, he pays close attention to detail, which is required in Michigan Franchise law and business law. Attorney Brown likes to help entrepreneurs and business people build and protect their dreams.
Buying a New Franchise
If you are considering a franchise operation, you will need an attorney who is experienced in franchise law, franchisee law and business operations. When you purchase a franchise, you are the franchisee and must follow the terms and conditions of the franchisor. This may be as simple as ordering certain products and wearing a uniform for a retail outlet or it could be as complicated as purchasing inventory and following recipes for a restaurant franchise.
Franchise agreements also spell out how much you must pay for using the name. This may be in a monthly fee or it may be a percentage of the profits. Often, it is a combination of both. This part of the contract is negotiable and should fall within reasonable market terms. For example, you wouldn’t want to buy Franchise A requiring you to pay $1,000,000 per month when other similar franchises require you to pay a flat fee of $1,000 plus a percentage of the profits.
Michigan Franchise Agreements
Franchise agreements, even for the smaller or simpler franchises, can be complicated, and you should always have an experienced franchise attorney review the documents before you close on the deal. There may be options in the agreement that you would like to have removed, or you may want to add other options or requirements. A Michigan franchise law attorney such as Attorney Russell D. Brown will help you negotiate a fair franchise agreement.
If you are a franchisor and need franchise agreements drafted, Attorney Brown will help you draft the appropriate documents to protect your business and to ensure that each franchisee is bound by terms and conditions that are the same for all of your stores. Attorney Brown will also help draft documents with restrictions and requirements for specific businesses.
In addition to creating franchise documents for the franchisor or reviewing franchise document for the buyer, Attorney Brown may attend franchise closings. Since Attorney Brown is well-versed in the area of franchise law, he can represent the franchisor and the franchisee (in separate transactions).