Franchises
If you’re considering buying or selling a franchise we would strongly recommend you have a chat with our dedicated Franchise team who can offer comprehensive legal advice to both Franchisees and Franchisors.
As a proven method of setting up your own business entering into a Franchise Agreement can be an attractive prospect, especially as it allows you access to a brand or trade mark which is already well established; but it’s still crucial that the terms of the contract are checked to insure your interests are protected for the future.
Elements of the contract that require specialist knowledge include those relating to; rights and obligations, provision of goods, payment terms, renewal terms, territorial rights, ongoing support from the Franchisor and how to end an agreement.
If you already own a successful business and operate a Franchise system or are considering entering this market, we can advise on screening potential Franchisees and drafting agreements that protect the reputation of you business going forward.