Speaking about the types of franchising, the company spokesperson said, "There are generally two types of franchising, product name, and business format franchising. In product name franchising, the franchisor typically possesses the privilege of the trademark or name and avails that privilege to a franchisee. On the other hand, in business format franchising, the franchisee acquires the franchisor's experience, mastery, and strategy for working together. For more franchising information, clients can visit our website."

Buying a franchise is usually a popular quick-start business opportunity for new entrepreneurs. Franchises have name brand recognition, an established business method, and a true and tried a product that fits customer needs. Thus, one can be tempted to jump into purchasing a franchise before they have identified the risks. Clients can consider contacting MARIO L. HERMAN to learn more about the dangers. The attorney assists one in deciding if they should buy a particular franchise. He also helps clients solve various issues concerning franchise agreements, non-compete agreements, and more. Those looking for a lawyer for a franchise agreement can contact the attorney.

The company spokesperson said the penalties for violating franchise laws, "If one violates franchise laws, the state can penalize the individual with permanent bans, fines. These penalties are typically given to the franchisor. Directors, managers, and officers responsible for formulating and controlling the franchisor's activities are penalized."

Nowadays, franchise arbitration has become a primary alternative dispute resolution method to traditional franchise litigation. It is less costly than a traditional court and helps resolve various contract issues. Franchise arbitration also enables franchisees to settle their matters quickly. During a franchise arbitration process, appointed arbitrators (usually third-party attorneys) listen to both sides of the dispute. They act as a judge and issue legally binding decisions. Those looking for a lawyer for franchise arbitration can consider contacting MARIO L. HERMAN. The attorney offers arbitration representation in the franchise and various contract disputes. Some disputes include false earnings claims, breach of contract, territorial encroachment, trademark violations, and more.

About MARIO L. HERMAN

MARIO L. HERMAN helps business owners during the formative stages of purchasing a franchise. He also represents franchisees in disputes that must be resolved through arbitration. Over the years, the attorney has helped clients in several industries, including hotels, restaurants, printing, and many more. He is committed to providing skilled representation for numerous international franchise opportunities.