Have No Fear

Expert Advice

No prospective franchisee should attempt to comprehend a franchise agreement without the benefit of legal counsel. Your attorney will be familiar with the complexities of contract law and can advise you about your rights and obligations.

For all the attention the contract receives at the start of the relationship, it will not likely loom large in your daily operations. When your franchise is succeeding and your relationship with the franchisor is on solid footing, that carefully evaluated franchise agreement, the foundation of your business investment, won't even come out of the drawer. Solid foundations are all supposed to work that way.

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This article was originally published in the December 1998 print edition of Entrepreneur with the headline: Have No Fear.

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