Franchise Attorneys Towson MD

This page provides relevant content and local businesses that can help with your search for information on Franchise Attorneys. You will find informative articles about Franchise Attorneys, including "How To Franchise Your Business". Below you will also find local businesses that may provide the products or services you are looking for. Please scroll down to find the local resources in Towson, MD that can help answer your questions about Franchise Attorneys.

Michael C Hodes
(410) 938-8800
901 Dulaney Valley Rd, Ste 400
Towson, MD
Specialties
Franchising, Estate Planning, Elder Law, Business
Education
University of Baltimore School of Law,Pennsylvania State University
State Licensing
Maryland

Brian Michael Sheahan
(410) 752-5830
One South Street, Suite 2200
Baltimore, MD
Specialties
Mergers & Acquisitions, Real Estate, Environmental, Franchising
Education
University of Virginia School of Law,University of Richmond
State Licensing
Maryland

Barron Legrant Stroud JR
(410) 296-8500
1 SOUTH ST
BALTIMORE, MD
Specialties
Employment, Franchising, Defective & Dangerous Products, Litigation
Education
University of North Carolina School of Law,University of North Carolina
State Licensing
Maryland

Harry M Rifkin
(410) 332-1400
201 N. Charles Street, Suite 2404
Baltimore, MD
Specialties
Litigation, Franchising, Business, Arbitration
Education
University of Pennsylvania Law School,George Washington University
State Licensing
Maryland

Thomas D Kohn
(410) 962-0550
7 SAINT PAUL ST STE 940
BALTIMORE, MD
Specialties
Business, Corporate, Litigation, Commercial, Franchising
Education
University of Maryland School of Law,University of Pennsylvania
State Licensing
DC, Maryland

Neal D Borden
(202) 344-4822
2 HOPKINS PLZ STE 1800
BALTIMORE, MD
Specialties
Business, Mergers & Acquisitions, Franchising, Tax
Education
University of Maryland School of Law,Harvard University
State Licensing
Maryland

Neal H Strum
(410) 244-7504
2 HOPKINS PLZ STE 1800
BALTIMORE, MD
Specialties
Business, Franchising, Mergers & Acquisitions, Financial Markets And Services, Antitrust
Education
University of Maryland School of Law,University of Maryland
State Licensing
Maryland

David Brian Hamilton
(410) 545-5850
250 W PRATT ST STE 1300
BALTIMORE, MD
Specialties
Antitrust, Franchising, Business, Litigation, Banking
Education
University of Maryland School of Law,Duquesne University,Duquesne University
State Licensing
Maryland

Arthur D Kuhl
(410) 576-8927
111 S. Calvert Street, Suite 2700
Baltimore, MD
Specialties
Franchising, Litigation, Insurance, Real Estate, Transportation
Education
Widener University School of Law,Glassboro State College
State Licensing
Delaware, Maryland

David E Rice
(410) 244-7713
2 HOPKINS PLZ STE 1800
BALTIMORE, MD
Specialties
Bankruptcy, Franchising, Education
Education
University of Baltimore School of Law,University of Pennsylvania
State Licensing
Maryland

How To Franchise Your Business

If your business is doing well, and your products or services are in high demand, it may be time to think about franchising your business. Franchising not only provides customers with the choice of buying products and services from a name that they know and trust, it also allows the franchising business owner to grow and increase sales and profits to their full potential.

Since franchisees usually pay all the startup costs, one of the greatest things about franchising your business is that it doesn't take much capital on your end. However, there are costs involved. The main costs are having an operations manual written, implementing a training program for your franchisees, writing and implementing a marketing plan, legal costs and costs associated with other professional assistance.

The first step to franchising your business is to find a good franchise attorney. This professional will write all the basic legal documents, including your Uniform Franchise Offering Circular (UFOC) and your franchise agreement. They will also work to ensure that your trademark is protected and help you comply with the franchising laws in your state.

You will also need to have an operations manual written. This is the guideline that your franchisees will be required to follow. Its purpose is to help franchisees run successful businesses and to protect your trademark and other copyrighted material, by telling franchisees how they can and cannot use your material.

The operating manual should ensure quality control, by making sure that the franchisees follow a certain protocol. The manual covers topics such as opening procedures and day-to-day operations of a franchise. Furthermore, the operations manual should put limits on your liability when it comes to the actions of franchisees and their employees. Work with your lawyer and your accountant if you are writing the manual yourself. Otherwise, hire a professional consultant or franchise company to take care of this for you.

You will need to design and implement a training program for new franchisees. Training the people who will own franchises will be vital to their success, which is a reflection of your success as well. This may require training manuals, as well as personnel to do the training. A business coach or consultant can help you design the right training program for the type of business you are franchising.

Finally, you will need two marketing plans – one to market your franchise opportunity to potential franchisees, and another to market your franchise to potential customers. The marketing of all of the franchises is usually paid for with the marketing pool fund, which each franchisee contributes to, as agreed to in the franchise agreement. You should have a solid marketing plan in place, as potential franchisees would want to know about it in advance.

Marketing the franchise opportunity is a bit easier. You can market your franchise online at franchise op...

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