Is franchise renewal automatic?

Every franchise agreement has a specific term that applies to the arrangement, which often is 10 or 20 years. The franchise agreement between the franchisee and franchisor governs renewal of the franchise at the end of the term. Conditions usually apply to the renewal, including execution of the then-current version of the franchisor’s standard franchise agreement. When you prepare for the renewal process, assistance from a knowledgeable franchise law attorney is crucial, since renewal can significantly change your franchise obligations and rights. Ashley Nielsen assists existing franchisees with the franchise renewal process.