Franchise law deals with the franchising of businesses.
This is the licensing agreement whereby one party licenses another to use its business system and trademark. In return for this agreement, the franchisor must pay certain fees to the franchisee and the franchisee helps the franchisor with aspects of the business such as site selection, training, opening assistance, advertising materials, accounting, and operating system assistance.
Franchised businesses make up 35% of all retail sales (one out of every twelve business establishments is a franchised business) in the United States and skilled New York Franchise attorneys are essential to their success.