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we talked about
understanding your expectations as the first role
that a new jersey franchise lawyer will undertake when representing you
the second role
relates to reviewing the FDD
reviewing the franchise agreement
and providing you with a practical real world breakdown
as to what each document contains
that is a break down about the economic factors that will influence
your franchise investment
and legal factors that influence your franchise investment
economic factors include
things such as royalty fees
advertising fund fees minimum purchase requirements
and other legal obligations that once you open your franchise
will impact your day-to-day profitability
legal factors relate to items such as your ability to sell certain goods or
services
to protect the territory that you're being granted and whether or not the
franchisor can allow third parties into your market