I will draft business partnership and franchise operating agreements
Licensed US Attorney, Franchise Law, FDDs and Licensing Agreements
About this Gig
The number one cause of franchise failure isn't the marketits disputes between the founders who bought the franchise. If you are buying a franchise with a partner or setting up a corporate entity to hold your new business, you need the internal rules in writing from day one.
As a licensed US Attorney (Bar #145833), I draft bulletproof partnership and LLC Operating Agreements that dictate exactly how your franchise holding company is run, governed, and protected.
My Drafting Services Cover:
- LLC Operating Agreements (Single & Multi-Member)
- Business Partnership Agreements
- Shareholder Agreements
- Buy-Sell Agreements
- Corporate Bylaws
Crucial Scenarios I Protect You From:
- A partner abandoning the franchise while keeping their equity.
- Deadlocks in voting (e.g., whether to open a second location or sell).
- What happens in the event of death, disability, or bankruptcy of a partner.
- Profit distribution disputes.
Protect your equity and your relationships by getting the rules in writing now. Choose the package that matches your corporate structure and place your order.
Field of law:
Business (corporate)
Target country:
United States
Legal consulting Gigs are not screened
Please note that there is no screening process for this service. We recommend that you message the freelancer and check all necessary details before placing your order. Pro freelancers in this category have gone through a vetting process. You can find more details here.
FAQ
Why do I need an Operating Agreement to buy a franchise?
Most franchisors will require you to form an LLC (or Corporation) to buy the franchise. To prove this entity is valid and legally separate from you, you need an Operating Agreement.
What is a Buy-Sell agreement?
It is a critical provision that dictates exactly how a partner's shares are bought out (and at what valuation) if they leave the business, die, or are fired.
What is equity vesting?
Vesting means partners earn their shares in the franchise over time. This prevents a partner from taking half the equity and quitting in the first year.
Are these valid for my specific state?
Yes, I will tailor the Operating Agreement or Partnership Agreement to conform to the specific corporate codes of the state where your LLC is registered.
How long does it take to draft?
Standard turnaround is 3 to 5 days. Since we handle everything via text on Fiverr, I can begin drafting immediately upon receiving your order requirements.
