The New York Law Blog by Hayes & Simon, P.C. | Int'l Law Firm
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Choosing the right franchise model for your business can be a life-changing decision. Most industries across America are linked to some form of franchise business and choosing the right one in the right business will come down to your personality, goals, and long-term passions. While a franchise will allow you
New York franchise agreements typically contain restrictive covenants against competition and/or a franchisee non-compete clause. Such provisions are meant to prevent franchisees, whom are granted rights by the franchisor to operate a business modeled on the Franchise Program from engaging in business activities in competition with the franchisor during or
If you are serious about investing in a franchised business it best to consider the three basic type of New York franchises, typical, in the New York market. The following are the major types of New York Franchises. Business Format Franchises: In business format franchises, a company expands by supplying
If you are thinking about entering into a franchise agreement in New York, please consider these New York Franchise Warning Signs. All of the laws in New York that are intended to protect potential investors in franchises are not meant to act as a substitute for good business sense, so be
New York has a broad definition of a franchise, thus, leading to a broad range of mere “licensing” and “agent/distributor” relationships as franchises. Any business organization that is deemed or may be deemed a franchise by the State of New York should, immediately, retain a New York-based franchise attorney with
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