Mario L. Herman is a franchise attorney with nearly 40 years of experience practicing franchise law in the US and abroad. He is a solo practitioner, and the legal services the attorney offers include reviewing and preparing franchise disclosure documents, mediation documents, litigation documents, and more. So far, he has served hundreds of clients with his legal service in more than 40 states in the United States and more than ten countries, including China, Poland, Russia, and Mexico.A company spokesperson said, “Before franchising, one should understand the financial implications, particularly the initial and ongoing fees and insurance costs. The initial fees are the upfront costs that franchisees must pay to the franchisor to gain access to the franchise system. These fees usually cover the costs associated with franchisees, training, site selection, and legal fees. In addition to these fees, there are ongoing fees that franchisees must also pay franchisors throughout the franchise agreement. These fees are just designed to support the franchisor's ongoing efforts to maintain and grow the franchise system.”
When it comes to purchasing a franchise agreement, studying and reviewing the franchise documents at hand is necessary. Failure to do so may end up resulting in unfavorable conditions they negligently agreed on themselves. Since it may be tiresome to go through the documents, considering one is unfamiliar with the nuances of franchise law, clients can seek the assistance of Mario L. Herman to help them with that.
He is a top franchise agreement lawyer who has worked with hundreds of franchisees during his years of practicing franchise law and has studied franchise disclosure documents for hundreds of different business industries. Thus, by outsourcing their legal service, clients are assured that the attorney clearly knows the ins and outs of franchise law.
The company spokesperson added, “Typically, ongoing fees include advertising, royalty, and technology fees. The specific insurance requirements will typically depend on the type of franchise business. For more insights, the clients can contact us.”
From restaurants to hotels to small and large franchise companies, Mario L. Herman has the experience to produce franchise documents that comply with the Federal Trade Commission's regulations. Besides studying and reviewing franchise agreements, Mario L. Herman also handles the proper drafting of franchise documents for clients. Remember that improper franchise documents can result in costs and delays and make a contract's terms unenforceable should they be challenged later. So, contact a franchise attorney Mr. Herman, and get the franchise documents that are up to date on the changes and developments that have occurred in the franchise industry.
About Mario L. Herman
Mario L. Herman is a renowned franchise law attorney who has contributed articles on franchising to the Wall Street Journal and even interviewed on big television stations and radio channels about franchising issues. He is licensed in Washington, D.C.