Embarking on a franchise venture is an exciting prospect. However, before one enters into a franchise agreement, they should make sure they have weighed all of their options. With more than 33 years of experience helping franchisees throughout the U.S. and abroad, MARIO L. HERMAN has the knowledge and experience any prospective franchisee needs to make informed decisions about selecting a franchise that fits their needs and business goals.Answering a query, the company spokesperson said, "Every franchise involves fees, but knowing what one is paying for is essential. Fees typically include upfront costs like initial franchise fees and ongoing royalties, such as a percentage of the gross sales made. But be cautious, as these percentages can add up, especially with mandatory marketing or advertising fees. The structure of these payments can break one's business, especially during the early stages when cash flow might be tight."
So far, the franchising attorney has helped clients select franchises in industries such as hotel, real estate, printing and copying service, domestic services, pharmaceuticals, postal communications centers, and more. To determine the right franchise to pursue, MARIO L. HERMAN assists clients in reviewing and analyzing the franchise agreement and other pro forma documents of the selected franchise, reviewing the franchise disclosure provided by the franchisor, and conducting independent research about the franchisor and other franchisees. With all this being taken care of by Mr. Herman, clients are assured of signing on the dotted line with the confidence it deserves.
The company spokesperson added, "For instance, one may be required to make contributions to a national advertising fund, which is supposed to benefit all franchisees. However, these fees can sometimes go toward nationwide campaigns that don't align with one's local market needs. Understanding such financial obligations upfront ensures that one won't be blindsided later. For more insights, clients can contact us."
In case disputes arise after purchasing a franchise, clients can still count on MARIO L. HERMAN to help resolve the disputes. He does so through arbitration, and this approach is perfect as it usually causes minimal interruption to the franchise business. Some of the disputes the attorney has helped resolve include breach of contract, false earnings claims, territorial encroachment, disputes regarding future royalties, and more. Mr. Herman has also resolved disputes involving the Federal Trade Commission regulations, which include fraud and other deceptive business practices. So, reach out to the franchise dispute attorney today and discuss the available dispute resolution options.
About MARIO L. HERMAN
MARIO L. HERMAN is a franchise lawyer who helps prospective franchisees understand and capitalize on franchise opportunities. He is a solo practitioner who usually works directly with domestic and international franchises. The attorney has contributed articles on franchising to the Wall Street Journal and has even been interviewed on television and radio about franchise issues. This showcases that his knowledge and skills are nationally recognized. So, if one is seeking an experienced franchise lawyer in the U.S., contact Mr. Herman today.