Franchising is a method of distributing products or services through the license of a brand and a system. It can be a lucrative growth strategy for a business (the franchisor) as it allows a business to grow its brand through providing the use of its intellectual property to others (the franchisee) in exchange for certain…
POSTED IN: Corporate & Business, Franchise Law, Hospitality Practice Group, News
“The key to success of many franchise systems lies in establishing and maintaining great locations. In addition to the franchise agreement, the commercial lease is a fundamental document in any brick and mortar franchise. Given the competing interests of franchisees, franchisors, landlords, and lenders, legal issues abound at the intersection of real estate and franchise…
