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This program was recorded on November 16, 2018
Buying a franchise is often the first business ownership endeavor for franchisees and review of the exhaustive franchise disclosure document can be a daunting task. Lawyers providing legal services to their franchisee clients can greatly alleviate the client’s discomfort and help them make informed decisions. Negotiating a franchise agreement can often be a very different process as compared to most other business contract negotiations or even settlement agreements. Practitioners will get a basic understanding of the unique features and requirements of a franchise relationship and the specific areas where they can provide their clients with the most value.
Sanjeev Kumar is the founder and principal at the Kumar Law Firm, which provides a wide range of legal services to entrepreneurs and business owners in the area of business & corporate law and intellectual property along with related areas of interest to clients such as business succession planning, wealth preservation through estate planning, and alternate dispute resolution.
Sanjeev has had experiences in negotiating deals with the industry stalwarts like Apple, Sony, Samsung, Microsoft, and Philips. He has dealt with customers, suppliers, and partners in various geographies like Japan, Taiwan, Korea, Europe, India and China/Hong Kong. He has managed remote teams in India, Taiwan, Hong Kong, Korea, and Japan. All these experiences enable him to be the savvy and tough advocate a client appreciates to have by his/her side.
2 General Credits
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- Laws governing franchise relationships
- Basics of a Franchise Business
- Franchisor and Franchisee Obligations
- Franchise Agreement and what may be up for negotiation
- Tips on issues to spot and raise with clients and possibly negotiate out
- Franchisee-Franchisor Relationship Issues