North Carolina Franchise Law Attorneys
We Are Your Partner in Business, Not Just Law
At Providence Law, we take a personal approach to each case we handle and are invested in our clients and the franchises they wish to establish or expand.
Franchise clients are important to our firm. We know that franchise practices are rare in the legal field, which is why we are committed to using extensive resources and legal insight to provide the clients we serve with reliable and practical legal counsel. We believe your franchise business is important, so let our experienced legal team put our skills to work to protect your best interests.
Franchise Law Services We Offer
Providence Law exists to serve you in accomplishing your goals. We proudly offer the following legal services out of our firm in Charlotte:
Franchise & Business Formation
As a business owner opening a new franchise, you should strongly consider forming a corporation or an LLC. Forming your franchise as a business entity generally allows for limited liability for shareholders. We can assist with incorporating your business, preparing initial bylaws, and other crucial formation steps. Our firm also drafts or reviews buy-sell agreements for the purchase and sale of franchise businesses.
Franchise Acquisition & Consulting
We offer comprehensive legal services to help franchisees and franchisors with mergers and acquisitions. We can guide you through issues with investors or acquiring competitors so you can target new markets. Whether you want to grow your franchise or wipe out a smaller competitor, we can provide top-notch representation.
Franchise Termination & Non-Renewal
You can potentially face claims and liabilities if your purchase agreement is terminated or not renewed. Actions for wrongful termination require careful analysis of your rights and duties, which is why you should contact Providence Law immediately to discuss further actions and possible claims and defenses.
Franchise Transfers & Sales
Our firm also drafts or reviews buy-sell agreements for the purchase and sale of franchise businesses. However, problems can arise when you try to sell a franchise business. While permission from the franchisor is required, you might have rights if the franchisor interferes with your efforts to sell.
Contract Review & Negotiation of Franchise Disclosure Documents
We have been reviewing and negotiating franchise agreements on behalf of franchisees for decades. Our lawyers can take a close look at all of your franchise disclosure documents to identify potential liabilities and any language that needs to be altered to protect your business interests.
The franchise agreement stipulates the relationship that exists between the franchisee and the franchisor. It is crucial for franchisees to fully understand their role and obligations to the franchisor. Our attorneys are here to help you understand the fine print, and if appropriate, ask and negotiate concessions. While every agreement, franchise, and situation is different, we always tailor our representation and services to the needs and goals of our clients.
Multi-Unit Development Agreements
Multi-unit area development agreements mainly define franchisee development obligations. Multi-unit area development agreements generally focus on responsible franchise growth and development in specific regions, that benefit both franchisors and franchisees.
We have represented clients in courtrooms, arbitration, and mediation forums so they can resolve their franchise disputes. When negotiations break down, we are willing to proceed to litigation and will use our experience and extensive resources to fight for what our clients are entitled to.
Franchise Disclosure Documents Compliance
Franchisors are required to comply with both federal and state regulations and must also provide potential franchisees with a Franchise Disclosure Document (FDD). The FDD contains specific information about the business offering, the contract provisions, and the background of the franchisor. While the FDD is an invaluable resource, it can also be a burden to read and difficult to understand without a background in law.
We understand business owners. Our price point is strategic, designed for small and middle-market individuals and business people. We offer general counsel, flat fees, and payment plan options.
Providence Law has locations in North Carolina, Missouri, and serves franchise clients Nationwide.
At Providence Law, we are here to listen to you and help you navigate the legal system. We understand that things arise at unexpected times which is why we are always accessible to you.
We have personally owned businesses and helped countless others do the same successfully. Our decades of experience paired with our in-depth knowledge of Franchising & Franchise Law dramatically improve client results and experiences.
From Franchise to Mergers & Acquisitions, the synergy of our overlapping practice areas allows for increased efficiency and effectiveness. We are the partner you can rely on to handle all your legal matters while you focus on growing your business.
Providence Law is a Business law firm with a focus on Business, Corporate, and Franchise Law. We draft, negotiate, consult, strategize, create, and resolve to accomplish your goals.