I would seek the advice of a franchise creator like United Franchise Group. They should be able to give you a perspective on all aspects (legal, marketing, protection, etc). As I understand it, there was once a group that wanted to franchise Longhorn Steakhouse out west - they ended up starting Outback.
I suspect there are many hazzards on many angles and you'd do youself good to consult with those in the business. Good luck,
Not sure if you are even still following this thread anymore. But, I was a franchise consultant, and know that franchising a business is terribly expensive.
Unless you are planning to launch a full blown franchise, a better option is to simply license your business model to this person. Of course you will need an attorney who is experienced is creating licensing agreements, but it will be a fraction of the cost you'd incur to franchise.
Franchises can be more affordable than people think. However, it is my understanding that Federal and State franchise law is pretty clear. If it looks like a franchise, if it walks like a franchise - it better meet franchise law. Misusing licensing law to try to cover a franchise is not advisable.
I have a small dessert shop in Los Angeles(just one store).
Someone wants to franchise my store(also in California), but what are the pros and cons for me?
Do I need any permit or license to franchise? Can I just do this between me and him? or Do I have to report some legal documents to somewhere?
What are the legal matters?
Please give me some advise.
Thanks in advance