Franchising is a vital method of distributing goods and services throughout the world. It is estimated that one-third of all consumer spending passes through a franchised business. Franchising is also a highly regulated area of the law and Wheatley, Sopp & Madsen, LLP is uniquely qualified to provide legal services to both franchisors and franchisees dealing with the myriad of issues which arise in the franchise relationship.
We provide representation for franchisors going through the franchise registration and renewal process including the preparation of the license agreements, UNIFORM franchise disclosure documents (UFDDs) and applications for registration. We also counsel franchisors in dealing with the growth and expansion of franchise systems and the day-to-day legal issues which often arise from dealing with franchisees.
We advise people who are considering the purchase of a franchise. We review UFDDs for a flat fee so you will know exactly what it will cost before we begin. We can assist you in forming your franchise business and dealing with any legal issues which might arise with the franchisor. We also represent buyers and sellers in the sale and purchase of franchised businesses.