Franchise Termination and Nonrenewal
Getting a notice of termination or nonrenewal from your franchisor or supplier may be the worst event in the life of a franchisee or dealer. If you are threatened with termination or nonrenewal, learn more about what an experienced franchise lawyer can do to help you avoid what might be a disaster.
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What is Termination or Nonrenewal?
Termination is the franchise equivalent of losing your job. If you get terminated or nonrenewed, you lose your business. Most franchise agreements contain clauses that prevent you from working in the same business for a period of time after termination, so your ability to make a living after termination may be severely limited.
What Are My Rights?
Depending upon a number of factors — such as where you live, what your contract says, what business you are in and your particular circumstances — you may have rights to stop a termination from taking place, to continue in the same business even if you are terminated, or to obtain damages if you’ve been terminated wrongfully.
If you have received a termination notice, if you are facing nonrenewal, or if you believe that your franchisor or supplier may be setting you up for a termination or nonrenewal, you should act quickly. Garner & Ginsburg, P.A., may be able to stop that termination or get you compensation.
To learn whether you have a case, contact one of the firm’s experienced attorneys to schedule a free consultation. The firm can be reached through the online contact form above or by calling 612-259-4800.