Franchise Agreement Termination Guide
Summary
Review your franchise agreement for termination procedures, non-compete clauses, rebranding restrictions, and post-termination obligations. Consult a franchise attorney in California for personalized advice.Full Conversation
I have a franchise agreement which is coming to an end with the franchisor (or already has ended). I need help reviewing the agreement document and want to make sure there is no complications with ending our agreement and rebranding and moving away from the franchise.
Hi Bryan! It's important to review the franchise agreement thoroughly to avoid potential complications. Here are a few things to look out for:
- Termination clauses
- Non-compete clauses
- Rebranding restrictions
- Obligations post-termination
Could you confirm your location to provide more specific information?
Yes, Palo Alto, CA
Bryan, here are some key points to consider under California law regarding franchise agreements:
- Termination: Check if there are specific procedures for ending the agreement.
- Non-compete clauses: Ensure they are reasonable and enforceable.
- Rebranding: Confirm any restrictions on how you can rebrand.
- Obligations: Review any post-termination obligations.
You may benefit from consulting a franchise attorney to review your agreement.
Would you like any further information or assistance?