Can you legally get out of a franchise agreement?
Buying a franchise may seem like a great business opportunity, but there are a few situations that may warrant the termination of a franchise contract.
Although it’s best to talk to a business and commercial law attorney about any issues that arise, here are a few ways you may be able to get out of your franchise agreement:
Before you take the drastic step of terminating a franchise agreement, you may want to try to address your issues with the franchisor first – or hire a lawyer to do so on your behalf.
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Related Resources:
- 5 Legal Considerations for Buying a Franchise (FindLaw’s Free Enterprise)
- Franchise Agreement Questionnaire (FindLaw)
- How to Draft a Business Franchise Agreement (FindLaw’s Free Enterprise)
- McDonald’s Franchisees Furious Over Costs (FindLaw’s Free Enterprise)
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