Press release
Mario L. Herman Helps Prospective Franchisees Weight their Options and Select a Franchise that Meets their Needs
Investing in a master franchise concept can be a fantastic business opportunity. But it can also be a financial disaster if a prospective franchisee fails to undertake due diligence. The good news is that Mario L. Herman can assist prospective franchisees in deciding whether to buy a particular master franchise in America. He boasts over thirty years of experience practicing both domestic and international franchise law.Answering a query, the company spokesperson said, "Federal law requires that franchisors give their prospective franchisees a Franchise Disclosure Document, or FDD, before they are requested to sign any contract or pay any fees. The prospective franchisees have at least 14 days to study this full document, as required by the Federal Trade Commission Franchise Rule."
Some of the strategies Mario L. Herman uses to determine whether an international franchise[https://www.franchise-law.com/franchise-law-overview/international-franchising.shtml] include reaching out to both current and former franchisees, gathering information about the franchisor, contacting the attorneys who formerly represented the franchisees in the network to inquire about their clients' problems with the franchisor, and more. In addition, the attorney assists with reviewing and analyzing the franchise agreement and other pro forma documents provided by the franchisor.
The company spokesperson added, "It is important to note that the FDD is not a contract, but a comprehensive prospectus comprising 23 separate sections, known as Items, designed to provide prospective franchisees with a clear picture of the franchise system. The history of the franchisor and its litigation record, as discussed in Items 1 and 3, are essential areas to review carefully. Moreover, all disclosures of initial and continuing charges, as explained in Items 5, 6, and 7, must be reviewed and more. For more insights, clients can contact us."
Mario L. Herman's representation also extends beyond the buying stage of the franchise to include guidance on operating and selling the franchise. Moreover, in the event of disputes with the franchisor, the attorney can assist franchisees in resolving them through arbitration and mediation. Some of the types of disputes Mr. Herman has successfully resolved fall under false earnings claims, territorial encroachment, trademark violations, breach of contract, and disputes regarding future royalties. So, if one feels their franchisor has breached the terms of their contract, they should consider obtaining franchise legal advice[https://www.franchise-law.com/before-buying-a-franchise.shtml] and representation from the attorney today.
About Mario L. Herman
Mario L. Herman is a franchise lawyer[https://www.franchise-law.com/] offering a complete line of services in franchise law, from advising a prospective franchisee on the steps to take before buying a business to selling it. He is nationally recognized, having contributed articles on franchising to the Wall Street Journal and been interviewed on television and radio shows about franchise issues. So far, he has represented franchisees from over 150 systems in the U.S. and foreign countries such as the UK, Mexico, Canada, India, China, Japan, Germany, Australia, and Brazil. So, reach out to the attorney today and work together to determine the franchise opportunity that best fits their situation.
Mario L. Herman
5335 Wisconsin Ave.
NW, Suite 440
Washington D.C. 20015
Telephone: 202-686-2886
Email: mherman@franchise-law.com
Website: https://www.franchise-law.com/
Mario L. Herman is a franchise lawyer offering a complete line of services in franchise law, from advising a prospective franchisee on the steps to take before buying a business to selling it.
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