FRANCHISING

 

Franchising is where the owner of the business (franchisor) allows another business (franchisee) to operate under their name and brand, and sell their products or services for a specified period.

Franchising could be rewarding for business owners who are looking to expand their business, while buying a franchise could be a good alternative to starting a new business. However, it is important that the right legal processes are followed. Franchising is regulated by the Franchising Code of Conduct and franchisees will be bound to run the business according to the terms of the franchise agreement.

We can help you with all facets of franchising at any stages:

PREPARATION FOR FRANCHISING YOUR BUSINESS

  • Advise on setting up business

  • Preparation of the business structure and policies

  • Advise and protection of your intellectual property

  • Setting up the proper structure and contracts

SELLING YOUR FRANCHISE

  • Advising and preparation of franchise agreements

  • Drafting of all legal documents such as service agreements

  • Stewardship of the sale process

BUYING A FRANCHISE

  • Advise on the franchise agreement

  • Setting up your company and trust if required

  • Preparation of your company structure and policies

  • Advice on licenses and permits

ONGOING FRANCHISE NEEDS

  • Preparing and reviewing Franchise agreements

  • Franchising Code of Conduct

  • Resolving franchise disputes

  • Franchising penalties and infringements