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Franchising for Foreign Investors and Business Owners

ALG Lawyers offers professional franchising services to both Franchisors and Franchisees. Whether you’re looking to start your own franchise or buy an existing one, we can help you through the entire process.

What is franchising?

Franchising is a means of marketing services or products. The legal agreement between the franchisor and the franchisee is called a franchise. The franchisee pays the franchisor royalty and usually an initial fee for the use of his trademark and particular business system.

Can I start my own franchise?

Yes. The path to becoming a franchised chain begins with just one store. If the business becomes successful, the owner may decide to set up one or two other stores that he himself will manage. Once he is operating two to three stores, he may want to franchise the business name and system to independent individuals in exchange for a royalty payment and/or initial fee.

How do I buy a franchise?

Start by choosing a franchise business to buy. Although economical success of the franchise is very important, it’s important to choose a franchise that you will enjoy managing.

How much money do I need?

Each and every franchise has different investment requirements. Required investment amounts can range anywhere from $30,000 to $1 million depending on start-up costs. You may also be required to have a minimum net worth to be approved for a franchise.

As a current business owner, why should I franchise my business?

If you offer a special or unique product or service, you should consider franchising. Franchising creates additional income without having to manage another business. You can collect franchise and royalty fees while creating brand recognition.

Why should I buy a franchise?

Buying a successful franchise usually provides more stability than starting your own business. Why? Because brand recognition already exists with successful franchises. Brand recognition means customers are familiar with your products or services and creates stronger consumer confidence. Stronger consumer confidence creates stronger revenue.

How do I begin?

Start by calling and speak with one of our attorneys. Whether you’re starting your own franchise or buying one, we can help you become a successful in your business.

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Amicus Law Group, LLP

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