Experienced North Carolina Franchise Law Attorney

Franchising your business or buying into a franchise can be a lucrative venture. But the key to success is doing it correctly from the beginning. An experienced franchise lawyer can make certain you are on the right track.

Attorney Norman L. Sloan has been facilitating franchise opportunities in Clemmons for 40 years. We assess the risks and advantages of franchising, as well as the commitment required, so you have sufficient information to support your decisions.

Knowledgeable about all aspects of franchise law
For franchisors, we can:

  • Explain your rights and obligations
  • Create a financing plan
  • Draft and review critical documents

-Franchise agreement
-Equipment lease
-Software license
-Escrowed lease assignment
-Term and renewal provisions
-Transfer conditions
-Development agreement formulas
-Protected territory arrangements
-Disclosure documents

  • Help formulate franchise payments, royalties, advertising contributions
  • Register the franchise
  • Ensure compliance with state and federal disclosure requirements
  • Discuss trademark issues

For franchisees, we ensure your interests are protected by reviewing the terms and conditions in your franchise agreement for:

  • The term
  • Right to renew
  • Protected territory offering
  • Franchise opening requirements
  • Franchise fee
  • Trademark requirements
  • Transfer restrictions
  • Termination provisions
  • Dispute resolution parameters

We make certain you understand your rights and obligations under the agreement. We also negotiate your agreement with the franchisor if necessary, draft or review the franchise purchase agreement, and represent you through the closing.

If you are selling a franchise, our firm drafts and reviews documents related to sale of assets, assignment of the lease and assignment of the franchise agreement.

Clients trust Norman L. Sloan to provide concrete advice and outstanding service as they work through the franchise process.
When you need a dedicated North Carolina franchise law firm, call Norman L. Sloan in Clemmons at 336-748-0008 or contact us online to schedule a consultation.