Arkansas Franchise Attorneys can help you with the complex documentation that comes with buy or selling a Franchise in the state of Arkansas.
Butler, Horn, Nye & Johnson, PLLC, Attorneys at Law, counsel franchises in virtually all stages of development.
Our franchise practice spans from the initial evaluation of start-ups to entire system representation of well-established franchises.
Initial Franchise Evaluation
We help our clients determine if franchising is the best option to meet their business needs. We explore the benefits and drawbacks of franchising along with other forms of growth and discuss the realistic approaches to the development of distribution. If the client decides not to create a franchise, we have experience counseling clients on alternative modes of business expansion, whether it be licensing, joint venture, or use of an operating partner model.
Start-Up Franchisors
We work with companies initially starting a franchise system. For these clients, we counsel them on the structure of their franchise program, including the role of area developers, area representatives, and sub/master licensing. We help clients create the applicable franchise documents, including drafting and registering Franchise Disclosure Documents (formerly known as Uniform Franchise Offering Circulars) and other critical operational documents like franchise and license agreements.
Existing Franchisors
We work with existing franchisors and sub-franchisors to maintain or expand their franchise systems. We update the FDDs and franchise agreements annually or quarterly depending on need. We also work to ensure compliance with FTC regulations and assist with related state registration in the states that currently have franchise investment laws. We have an in-depth knowledge of the benefits and restrictions of franchise relationships and advise our clients on the complex aspects of these relationships.
We also help existing franchisors with the review of legal documents, agreement negotiation, litigation management and general business transaction consulting.
Licensing Agreements
Turning a Profit on Your Invention
A patent secures your rights in the invention - allowing you to safely speak with other individuals who may be interested in manufacturing, distributing or marketing your invention. When you find such a company that is interested in your invention, you would ordinarily make an agreement in which they pay you to make your product.
An agreement with a company to produce your patented product, and pay you a royalty in return, is called a "licensing agreement". Licensing agreements must be carefully negotiated and worded to ensure that the inventor's rights are protected.
At Goldstein Law Offices, P.C., we work with clients to help them maximize the benefits of a successful invention. Our attorney — Richard Goldstein — has 15 years of experience helping clients get the patents, trademarks and licensing agreements they need to protect and profit from their ideas.
Schedule your initial consultation | Contact us online | Call 501-392-5277
Why Should I Have a Licensing Agreement?
The purpose of a licensing agreement is to make money by selling the right to manufacture and sell your invention in exchange for royalties. Having a licensing agreement is one method of getting paid for your invention. As a result, this critical step must be taken carefully.
There are many traps you can fall into with licensing agreements. Only an experienced attorney with extensive knowledge of licensing agreements, patents and trademarks can help ensure you are getting the benefit of the agreement you are entering, especially when you are dealing with companies who have much greater experience and resources.
Schedule an Appointment
To schedule your initial consultation, contact our lawyer online or call 501-392-5277. We represent clients throughout the State of Arkansas, and we have three offices in central Arkansas to better serve our clients.