7-Eleven, Chick-fil-A, The UPS Store, ACE Hardware… walk down any street in America and you will by numerous franchises. Truly an American invention, it was Benjamin Franklin that created the first “franchise” in 1731 that now dominates American business.
Chris Howard specializes in this growing area of law and he represents both franchisors and franchisees all across the country. He counsels his clients with practical information to help avoid some of the common pitfalls that can trip up franchisees. Chris will mainly discuss: Terminology & Key Documents, the Regulatory Framework, Key Items in the Franchise Disclosure Document (FDD) and How to Review a Franchise Agreement. Additional topics: FTC Franchise Rule (16 CFR pt. 436), the 14 Day Rule, state franchise laws, “material change,” Going Dark, Item 3 — Litigation, Item 12 — Territory Restrictions, Item 19 — Financial Performance Representations, Item 20 — openings, closings & transfers of franchise locations, Step 1 — Questions for the Client, Step 2 — What type of FA is it?, Step 3 — Review Material Terms, Step 4 — Territory Rights, Step 5 — Obligations, Step 6 — Default, Termination, Breach Provisions, Joint—Employer, Trademarks, Territorial Encroachment Arbitration and Inadvertent Franchise.
Chris specializes in franchise and corporate law, representing both franchisors and franchisees all across the country. He has drafted franchise documents and contracts for many large franchisors, franchisees, and entrepreneurs.