The Jon McComb Show
June 17, 7:38 AM
Tips and Tricks for Potential Franchisees
Interested in buying into an established franchise system and being your own boss? While becoming part of a successful franchise is an attractive option for aspiring entrepreneurs, it is not for the faint of heart. And you might find that you are not really your own boss after all. Hear from Vancouver franchise lawyer and Globe and Mail business columnist Tony Wilson about the hidden pitfalls in franchise agreements and how to negotiate the best deal possible. For more information, check out the resources below or visit Tony’s profile.
Negotiating Your Franchise Agreement
5 Things to Consider Before Buying a Franchise in Canada
Have you ever considered buying a franchise? Franchising is a complicated area of law and, like any other investment, involves a high degree of risk. Some franchises work out very well for the franchisees. And some do not. So do your homework before investing.
Hey Business Owners! Take a Look at the Governing Law Clause
All too often, proprietorships, partnerships, startups and even established small business owners negotiate business contracts without the use of a lawyer. In my experience, many of these small business owners can be very astute and adept negotiators, concentrating on the important issues pertaining to money. Sometimes, however, they ignore the importance of the “boilerplate” (the parts of a contract that are often considered standard non-negotiable legalese ) because it’s only “boilerplate” and not really a “money issue”.
*The material posted on this website is for your general information and should not be taken as legal advice.