In this article, our Schaumburg franchise attorneys explain Schaumburg franchise law and federal franchise law as applied in Schaumburg. Because franchises are governed by both federal and state regulations, Franchise law is complex and are governed by both state and federal regulations and an experienced franchise attorney is essential whether you're the franchiser or franchisee.

Read the full article by our Schaumburg franchise lawyers explaining franchise law in Schaumburg. 

Buy-sell agreements typically provide an assessment of the business’ value in one of three ways:

• An agreed-upon value;
• Fair market value at the time of sale;
• Use of a formula to determine value.  

Buy-sell agreement allows business owners to map out how the business and the owner part ways in case of voluntary decision to leave, death or disability.

‍Read more on determining the value of a Schaumburg Business by our Schaumburg franchise law attorneys.

In this article, our Schaumburg franchise attorneys discuss the details you should look for in a commercial lease agreement for your franchise business, these include:

• Attorney fee clauses
• Permitted use of the property
• Repairs
• Termination notices
• Indemnification
• Landlord's approval of operations

Choosing an experienced Schaumburg franchise law attorney to protect your interests and that will review your franchise agreement, vendor contracts, asset purchase agreement, and lease agreements is imperative in order to ensure that they are fair and protects your interests.

Read the full article by our Schaumburg franchise attorneys regarding commercial leases.