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SIGNIFICANCE OF BUSINESS FRANCHISES IN THE GASOLINE STATIONS INDUSTRY
You’ve researched the subject, calculated your savings, and found a good place. What’s now?
How is actually to figure out about proper purchasing a gas station franchise? A lot of gas stations are oil company franchises appreciate defense from termination for no reason and non-renewal, in some cases, under the Federal Petroleum Marketing Practices Act.
Typically, the oil company possesses the station and leases the premises to the franchisee under an agreement that computing rent as a percentage of sales. It also happens that an individual owns the station premises and buying gasoline from the refiner under a franchise agreement.
Buying a gas station franchise is perfect for a lot of people concerned in keeping their private small business. This alternative ensures the security of a solid name and its brand’s reputation, guarantying a prospective investment for your future.
Also, if recent regulations demand on any environmental or safety improvements, your franchisor will be liable for carrying these financial issues. Moreover, your parent company will supply guidance and training to contribute that your gas station franchise is a business success, for both sides.
WHY YOU NEED TO HIRE THE BUSINESS FRANCHISES ATTORNEY
For a lot of individuals buying a franchise is a pretty big investment. Once you become certain about the franchise or franchises in which you’re most concerned, it’s better to do your due diligence, containing reviewing of all of the financial indicators of the business. To make it right, it’s essential to hire a tax or financial specialist who can check the businesses’ previous years complete tax returns, containing profit and loss statements and all other relevant graphics.
It’s also a great idea to have an attorney to look at the purchasing contract as well as any present legal agreements between the station and its product suppliers, etc.
WHAT TO DO WHEN FACING A PROBLEM
If you are planning to begin, offer for sale, or buy a gas station business, our multi skilled lawyers can lead you on the way to business success. We assist clients to prevent unfair termination or failure to resume and to deal with the complicated issues you can face.
GASOLINE STATIONS BUSINESS FRANCHISES LAWYER
We can assist you define whether possessing an oil company franchises is the suitable option for you and prevent the risks connected with purchasing a franchise.
We can also guide clients with complex legal assistance across their business endeavor.
GASOLINE STATIONS BUSINESS FRANCHISES LAW
If you are planning to purchase a gas station, you should consider whether to own a franchise. There are pros and cons to possess a franchise and it’s better to be aware until you will get your first steps in sales. Obvious benefits will be having a brand-name gas station. In case of the environmental issues franchiser will be responsible to handle them.
Opposite if you run an independent gas station and suddenly environmental issues come to light, you may lose large sum of money to fix it.
We can handle questions related to arranging, licensing and operating a gas station franchise in New York, or any other parts of New York, containing, but not limited to:
Consulting on if a franchise system meets your needs
Considering and guiding on the Franchise Disclosure Document
Negotiating the franchise agreement to promote your interests
Negotiating and drafting your lease
Forming and maintaining your operating companies
Obtaining permits and licenses
Managing franchisor relations
Managing employment relationships
General counsel services
Planning for expansion
Recovering for fraud claims and franchise agreement breaches
Defending claims for franchise fees and royalties
Defending actions to enforce non-competition agreements
GASOLINE STATIONS BUSINESS FRANCHISES ATTORNEY AT SHAROVA LAW
The New York franchise legal team of the Law Office of Yelena Sharova has extensive practice in representing franchisees and franchisors in transactional cases, as well as helping in solving franchisee vs. franchisor disputes. We have been handling various legal issues in the name of franchisees and franchisors for different businesses, containing, but not limited to, fast food franchises, restaurant franchises, oil changes franchises, automobile dealerships, rent-a-car franchises, carwash franchises and gas station franchises.
During the start-up phase, our lawyers can help you in negotiating, arranging and considering franchise agreements, in addition with aspects of the Uniform Franchise Offering Circular.
Also we can educate you with regulatory standards and approach you to effectively proceed with the everyday matters after you have completed the start-up of your franchise.