1851

Honoree:&nbsp;<a href="https://www.linkedin.com/in/amy-cheng-771b663/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=top-franchise-legal-players-amy-cheng-cheng-cohen-llc-2726938" target="_blank" rel="nofollow">Amy Cheng</a>Role:&nbsp;<a href="https://www.chengcohen.com/who-we-are/amy-cheng/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=top-franchise-legal-players-amy-cheng-cheng-cohen-llc-2726938" target="_blank" rel="nofollow">Partner,&nbsp;Cheng Cohen&nbsp;LLC</a>Amy Cheng is an accomplished attorney specializing in domestic and international commercial transactions, with a particular focus on franchise, licensing and distribution law. She provides comprehensive legal services to franchisors, from structuring and operating franchise programs to regulatory compliance and addressing complex issues related to brand ownership, non-traditional opportunities, system restructuring and brand acquisition.&nbsp;Cheng’s clientele spans from start-ups to multinational companies, including leaders in the restaurant, retail, fitness and home services industries. She also represents non-U.S. based franchisors entering the U.S. market and private equity firms acquiring franchise companies. Her extensive experience includes advising on mergers and acquisitions, complex commercial relationships and corporate formation.&nbsp;1851 Franchise recently spoke with Cheng to find out more about her experience in the franchise legal field and for some insights into strategies franchisors can use to navigate legal challenges effectively.1851 Franchise: How important is the information in Item 19?&nbsp;Amy Cheng: Extremely important. It is hard for a development team to sell franchises legally without it. Prospective franchisees want the information. Without information to share, you risk your development team making illegal FPRs [financial performance representations]. It’s not only important to have an&nbsp;<a href="https://1851franchise.com/how-to-buy-a-franchise-exploring-item-19-of-the-fdd-2724955#stories">Item 19</a>, but also to make sure that the information is accurate and you have a reasonable basis to include it. If you have no reasonable basis to include such information or if the information is inaccurate, you are exposing yourself to more risk than not having an Item 19 at all.1851: What is the single largest legal mistake brands make?&nbsp;Cheng: Allowing franchisees to be noncompliant for a long period of time before taking any action. An “action” doesn’t necessarily need to be legal action, but it is important to take some kind of action. If you wait too long, then you may have no choice but to take legal action and no franchisor wants to go down that route.&nbsp;Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit&nbsp;<a href="http://www.1851growthclub.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=top-franchise-legal-players-amy-cheng-cheng-cohen-llc-2726938" target="_blank" rel="nofollow">www.1851growthclub.com</a> and start your journey.

Expert Franchise Attorney Amy Cheng Offers Insights

1851 Franchise

1851 Franchise’s annual showcase of the top players in the franchise industry is back. Meet Amy Cheng and hear her insights on legal issues in the franchise space.

Top Franchise Legal Players: Amy Cheng, Cheng Cohen LLC

top-franchise-legal-players-amy-cheng-cheng-cohen-llc

Home Halo

Home Halo’s 160-Step Launch Process: Setting Franchisees Up for Success

home-halo-franchise-launch-process

VA Reimbursement: A Unique Opportunity for Home Halo Franchisees

va-reimbursement-a-unique-opportunity-for-home-halo-franchisees

Home Halo’s "Frank" Method: Coaching Franchisees to Greatness

home-halos-frank-method-coaching-franchisees-to-greatness

home-halo-dan-deak-personal-journey-headshot

Dan Deak's Personal Journey: From Caring Son to Home Halo CEO

dan-deaks-personal-journey-from-caring-son-to-home-halo-ceo

10 Reasons Why You Should Invest in a Home Halo Franchise

10-reasons-why-you-should-invest-in-a-home-halo-franchise

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Dave’s Hot Chicken Sold to Roark Capital in $1 Billion Deal to Fuel Global Expansion

daves-hot-chicken-sold-to-roark-capital-in-1-billion-deal-to-fuel-global-expansion

Homebuyers Keep Buying — And That’s Good News for Home Service Franchises - 1851 Franchise

Homebuyers Keep Buying — And That’s Good News for Home Service Franchises

homebuyers-keep-buying-and-thats-good-news-for-home-service-franchises

AI Could Push Unemployment to 20% — Fueling a Surge in First-Time Franchise Buyers - 1851 Franchise

AI Could Push Unemployment to 20% — Fueling a Surge in First-Time Franchise Buyers

ai-unemployment-impact-white-collar-job-loss

How To Sell Just One Franchise: What You’ll Learn at FranCamp NJ 2025

how-to-sell-just-one-franchise-what-youll-learn-at-francamp-nj-2025

House Passes Tax Relief Package With Key Benefits for Small Businesses and Franchises

house-passes-small-business-tax-relief-bill-2025

The Ultimate Guide to Selling Franchises: How To Create a Strong Incentive

how-to-build-strong-incentives-to-attract-prospective-franchisees

The Ultimate Guide To Selling Franchises: How to Leverage Franchise Expos

how-franchisors-can-leverage-franchise-expos-to-drive-success

How Franchise Brands Can Prepare for the Rise of AI-Driven Advertising

how-franchise-brands-can-prepare-for-the-rise-of-ai-driven-advertising

The Ultimate Guide to Selling Franchises: How to Position Your Value Proposition

The Ultimate Guide to Selling Franchises: How to Position Your Value Proposition — Point of Differentiation

how-to-position-your-value-proposition-with-a-point-of-differentiation

How Car Sales Taught Buddy's Home Furnishings’ Mitchell Lee the Secrets of Franchise Development

how-car-sales-taught-buddys-home-furnishings-mitchell-lee-the-secrets-of-franchise-development

What You Need To Know About Low-Cost Franchise Opportunities

what-you-need-to-know-about-low-cost-franchise-opportunities

Sola Salons Franchisee Grows Salon Freedom Into a Multi-State Powerhouse 

sola-salons-franchisee-grows-salon-freedom-into-a-multi-state-powerhouse

Dan Yangas Brings Family Flooring Legacy Full Circle With Footprints Floors Franchise in Naperville 

Dan Yangas Brings Family Flooring Legacy Full Circle With Footprints Floors Franchise in Naperville, Illinois

dan-yangas-brings-family-flooring-legacy-full-circle-with-footprints-floors-franchise-in-naperville-illinois

Franchisee spotlight graphic with photo of Sean Phelan & Caring Transitions logo

From Tech to Transitions: Why This Caring Transitions Franchisee Left the Corporate World To Help Families Navigate Life’s Hardest Moves

sean-phelan-caring-transitions-franchise-austin

Top Franchise Legal Players: Amy Cheng, Cheng Cohen LLC

MORE STORIES LIKE THIS