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Mr. McGaughey can help with all legal aspects of your Franchise business in Atlanta, whether you are a Franchisor or Franchisee. If you are looking to start a Franchise, you should consult with an attorney for such items as drafting your Franchise Disclosure Document (FDD) and Franchise Agreement, as well as all aspects of contracts that protect your interests.
Mr. McGaughey has extensive experience helping franchisors such as Steak-Out Franchising food chain, Computer Troubleshooters and other franchisors. He can guide you on many fronts. As you probably know, Franchises comprise a tremendous portion of the Unites States's economy. Franchise relationships can be mutually rewarding on both sides. But, a well-developed franchise system requires capable legal representation with knowledge of the state and federal legal requirements for both franchise systems and business realities. A Franchise attorney can bring great value to a franchise system by assisting the Franchisor not only on meeting the basic legal requirements but also in advising them on business development issues.
Mr. McGaughey also advises Franchisees on the pros and cons of getting into a franchise and in reviewing the Franchise Disclosure Document and Franchise Agreements of particular franchises. He has helped Franchisees in systems as diverse as Mailboxes, etc, Quizno's and EmbroidMe, Fantastic Sams, home healthcare agencies, hotel franchisees and many other systems and concepts. Mr. McGaughey can also advise a franchisee during the franchise relationship, particularly regarding issues with a Franchisor. If you are thinking about a Franchising opportunity, or are currently own a Franchise but have legal questions, you should contact an attorney.
Those interested in buying a Franchise should consider some of the following:
- Review the FDD for anticipated costs, background and financial strength of the Franchisor.
- Research the Franchisor's way of doing business by talking to current and former Franchisees.
- Get an accountant's opinion on the audited financials of the Franchisor
- Get legal advice from an experienced Franchise Attorney such as Mr McGaughey to assess the risks and advantges of a franchise, and forming a proper legal entity as well as other aspects of your business which may include:
- Your Company standing
- Your Trademark status
- Getting a thorough review of the Franchise Agreement, FDD, Financing Agreeemnts, Legal Agreement etc
- Your Indemnification rights
- Getting clarity of obligation at both ends
You can get advice from Mr McGaughey on any and all aspects of a franchise business. Mr. McGaughey can also assist with all transactional and litigation aspects of Business Law, small company M&A work and Business Torts. You can contact Mr McGaughey at tmcgaughey@tjmlaw.net.
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| Timothy J McGaughey Esq. |
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