Franchisee Leasing

Leasing the business premises (real estate) can make or break a franchisee, requiring adequate legal oversight thereof.

Contact Neufeld Legal PC for franchising legal matters at 403-400-4092 / 905-616-8864 or Chris@NeufeldLegal.com

Commercial real estate leasing tends to be one of the most significant financial investments for franchisees, given that leasing the business premises for the franchise from a commercial landlord represents a decades long financial commitment together with a very significant expenditure on the commercial build-out to meet the franchisor's design specifications. Given its significance, it is extremely important that you do not enter the lease agreement for the commercial property without the input at of an experienced commercial leasing lawyer early in the process.

Your greatest advantage in any commercial negotiation exists in the early stages of negotiations and for that very reason you should be engaging legal counsel as early as possible. On far too many occasions, I have witnessed business owners try to save a few dollars by waiting until the last moment to have the lease agreement reviewed, which results in their having a highly unfavourable commercial arrangement that is extremely difficult (and costly) to re-negotiate any concessions out of the landlord. Given how significant real estate is to many business ventures, there is simply no rationale for not engaging the right legal professionals early on to protect your interests and obtain the best possible business deal.

Christopher Neufeld is a business lawyer knowledgeable in the rigors and challenges of the franchise business, together with the legal constructs that are critical to their effective operation. For experienced legal representation in starting, acquiring / selling, operating and managing a franchise, contact franchisee lawyer Christopher Neufeld at 403-400-4092 [Alberta], 905-616-8864 [Ontario] or Chris@NeufeldLegal.com.

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