Neufeld Legal P.C.

Commercial Business Law Firm

Providing corporate-commercial legal advice and strategic direction to businesses in Calgary, Alberta and Toronto, Ontario.

 Main     Business Launch     M&A     Advancement     Corporate Future     Oil/Gas     Email   403-400-4092   416-887-9702

Neufeld Legal P.C.

Lawyer Profile

Business Commencement

Starting a Business

Incorporating a Company

Partnership / Joint Venture

Purchasing a Business

Franchise Businesses

Business Advancement

Contracts

Shareholders Agreements

Financing & Banking

Employee Arrangements

Leasing & Real Estate

Corporate Future

Selling Your Business

Business Succession

Tax Planning

 

FRANCHISE BUSINESSES

Franchises are a very particular form of business that pose a unique set of challenges to those looking to or currently operating a franchise business. Yes, there is an 'established' business system in place, however such a system creates its own responsibilities and financial obligations, which need to be properly considered in your decision-making process.

Only by understanding your obligations and integrating them into your ongoing business plan can you seek to realize the full benefits of a franchise. Some of the benefits associated with franchising include:

- attaining a recognized brand and use of relevant trademarks

 - realizing an established market presence

- gaining from their existing history in the particular area of business

- receiving comprehensive training, followed by on-going help and support

- benefitting from a generally higher success rate, with reduced risk exposure

- become a part of pre-established supply lines and major group purchasing power

- lower unforeseen costs (and in specific circumstances, potential financial support)

- pooled advertising and marketing system to increase exposure and brand recognition

- typically easier to start-up due to the experienced support

To learn more about how we can of assistance to your franchised business and optimizing your returns from participating in a franchise system, contact Neufeld Legal P.C. at Chris@NeufeldLegal.com or 403-400-4092 / 416-887-9702.

 

Neufeld Legal Professional Corporation. Our mailing addresses are 144 4th Avenue SW, Suite 1600, Calgary, Alberta and 1 Yonge Street, Suite 1801, Toronto, Ontario. Principal lawyer Christopher Neufeld is admitted to practice law in Alberta and Ontario (Canada) and New York (U.S.A.).  Christopher's legal practice focuses primarily on business law, in particular corporate commercial transactions (mergers, acquisitions, divestitures, business purchases and sales, etc.), business development, contract drafting and negotiation, tax and succession planning, financing and commercial real estate.  2014.

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