Jimerson Birr’s Franchising Industry Team knows franchise laws and how to utilize those laws to assist our clients in creating a method to best distribute their products or services and achieve their business goals. If you have a successful business and have decided to franchise it, there’s a lot of legal and business work that needs to be performed. That’s why our team can help with everything from strategic planning for growth to creating all the necessary legal paperwork.
Another area where our franchising team shines is helping new franchisors understand exactly what their franchisees will need in order to succeed, and ensuring that the expectations of the franchisor and franchisee are fully accounted for in binding documentation. Inevitably, every franchised business evolves, alters its model or business structure, adjusts the process that it sells franchises, improves upon the terms of its franchise agreements or policies, or recasts franchise partnerships. Since legal rights amongst many parties in many jurisdictions have to be accounted for with nearly every tweak a franchisor makes, franchisors need to be thorough to ensure franchisee system compliance and fidelity to the franchise agreement. While there is opportunity in every change in agreements or policies, or every franchisee coming and going, those opportunities come with attendant regulatory, statutory, contractual and common law risk that need to be managed. Jimerson Birr can serve as your legal partner in pursuing those vulnerability-treated opportunities so that the franchisor can continue to its own internal business operations. With our help, franchisors will be able to circumvent many of the hindrances that cause new franchising operations to fail.
For franchisees, who are often first-time business owners, buying a franchise is a major financial investment and a serious personal commitment that you should not take on without counsel. While understanding your abilities and goals is the first step toward deciding whether a franchise is right for you, understanding what your legal and financial responsibilities will be should be the second step. Because a problem that comes up after you have signed the franchise contracts may be very expensive to fix, if it can be fixed at all, Jimerson Birr attorneys help franchisees understand and comply with their obligations under these long and complex agreements.
Our Franchise attorneys know franchise laws and how to utilize those laws to assist our clients in creating a method to best distribute their products or services and achieve their business goals. Jimerson Birr provides franchisors and franchisees with legal counsel to address the full spectrum of franchise-related issues, including:
At Jimerson Birr, we represent franchisors and franchisees in a wide range of franchise law matters. Whether you are a franchisor seeking to do business in Florida or nationwide, or an individual seeking a franchise business opportunity, our business lawyers will handle your legal matter in accordance with the firm’s standards of service and commitment to excellence.
Jimerson Birr recognizes that companies in the risky, complex, and ever-evolving franchising sector depend on sound counsel for mission-critical operational, legal and regulatory issues. We are committed to the goal of helping franchisors and franchisees mitigate risk and prevent problems before they arise or escalate.
Part II: What Documents Matter Most In Determining Share Value in a Buyout? An Analysis of Key Documents and Why They Matter
Part I: What Documents Matter Most In Determining Share Value in a Buyout? An Analysis of Key Documents and Why They Matter
Jacksonville, Fla. – September 15, 2021 – Jimerson Birr, a business law firm with an overarching mission of adding value with
Represented majority stock purchaser in purchasing real estate valuation and brokerage franchisor, including all legal issues pertaining to franchisor purchase and franchisee relations.
Terminated automotive franchise and dealer agreements, advised client on all legal issues pertinent to impending corporate merger and litigated disputed issues pertinent to franchise termination.
Drafted shareholder agreement on behalf of prospective franchisee for commercial development with established restaurant franchisor with over 150 locations throughout the United States.
As a franchisor who has had substantial work to do in franchisor-franchisee relations when we bought the business, Jimerson Birr was incredibly helpful in getting us focused on the bigger issues that we had to prioritize in order to save all the franchises. We worked to terminate underperforming franchise owners and develop better support systems for performing franchise owners. At this point, I have developed a time-tested, close relationship with many of the attorneys at Jimerson Birr. There are a few we use because of their different specialties. My team is constantly impressed with their level of service, commitment to quality work, and profound recollection of matters that affected each franchisor through the years. The firm has been a good source of continuity when we have had turnover. They are teachers who help us understand what laws are important to us and how certain decisions impact the business. I have referred many friends and peers to Jimerson Birr because, honestly, they are a truly superior business law firm and their service and legal judgment is one I cannot speak more highly of.
As a new franchisee, the decision to purchase a franchise was one that involved much deliberation. During this time and as my family approached a decision, we enlisted Jimerson Birr to guide us through the extensive process. Both the level of service and detail that went into this were outstanding, and the firm’s assistance and direction made what can be a tiresome process a much more palatable experience. Without Jimerson Birr, certain contractual nuances may have been missed and become costly aftermath issues. However, nothing was overlooked, a thorough examination of all materials was conducted, and, in the end, we walked away with much more industry knowledge and a clean, successful acquisition. We are set up to succeed with help from this firm.