Embarking on a journey of owning a franchise is usually an exciting prospect that promises both financial independence and the thrill of entrepreneurship. However, with many franchise opportunities available, selecting the one that aligns perfectly with one's skills, interests, and goals is crucial for long-term success. With over 37 years of experience practicing franchise law, Mario L. Herman is known for assisting prospective franchisees in not overlooking any aspect of buying an American franchise that deserves further consideration.Answering a query, the company spokesperson said, "Fraud and misrepresentation in franchise agreements can be devastating. They occur when one party lies to another, usually lying about or omitting critical details. Actions commonly considered fraud include exaggerating financial projections or concealing critical operational challenges."
Due diligence is what Mario L. Herman undertakes on behalf of their clients before they sign any real estate franchisee contract . Thus, when clients reach out to the attorney for assistance, they should expect Mr. Herman to independently research the franchisor, determining the strength of their trademark, the financial performance of their stores, and whether the franchise is a verifiable expert in the concept of being franchised. The attorney can also reach out to the Federal Trade Commission to determine whether complaints have been filed against the franchisor. All these are usually personalized by the attorney so that every client's due diligence experience is as streamlined as possible.
The company spokesperson added, "However, as a franchisor, one will need to know their role and what they owe during negotiations to avoid ending up in this situation. In this case, consult with us and get to navigate these complex waters and protect the existing interests."
So far, Mario L. Herman has assisted clients in joining franchises such as Century 21, Coldwell Banker, Remax, and others. In fact, the attorney has also helped franchisees enter into a master franchise contract in more than 10 countries other than the US. This includes Poland, China, and Mexico. And even when a dispute arises, the attorney is always in a position to resolve it in a manner that causes minimal interruptions to the franchise business. Some of the disputes resolved by the attorney include those involving territorial encroachment, trademark violations, false earning claims, breach of contract, and more. So, reach out to the attorney today.
About Mario L. Herman
Mario L. Herman is a solo practitioner who works directly with domestic and international franchises. He is licensed in Washington, D.C., and provides a complete line of services, including litigating in courts, reviewing and preparing franchise disclosure documents and agreements, arbitration, and more. In fact, the attorney's knowledge and skills are nationally recognized, and as a result, Mr. Herman has been interviewed by the Wall Street Journal, as well as local news and radio programs in the US.