RATES

For businesses who want to franchise:

Preparation of Disclosure Document (UFOC) and Franchise Agreement:

Initial retainer of $2,000, with fees billed on an hourly rate of $300 per hour, and a maximum cap of $15,000.

Rate includes:

• Detailed consultation with company concerning plans for business model, corporate structure, trademark issues, disclosure requirements, operating manual requirements, franchise fees, royalties, reporting issues, territories, state registration requirements, and financial statement requirements;
• Detailed questionnaire for company to provide information necessary for preparation of disclosure document and franchise agreement;
• Discussions with client concerning terms of franchise agreement and information required for disclosure document;
• Drafting and preparation of disclosure document to comply with federal Federal Trade Commission (FTC) disclosure requirements;
• Drafting and preparation of franchise agreement to govern relationship with franchisees; and
• Revising and finalizing preparation of disclosure document and franchise agreement to incorporate client comments and revisions.

For persons thinking about buying a franchise:

Disclosure Document (UFOC) Review: $1,200.00

Rate includes:

• consultation regarding your situation and concerns;
• legal analysis of disclosure document (UFOC) and franchise agreement;
• memo summarizing key terms of franchise agreement, and areas of potential concern; and
• consultation to discuss key terms, legal issues, and areas of concern.

For all other matters, fees are billed on either an hourly or flat fee basis, to be negotiated and agreed in advance.