Franchising
What is Franchising?
Franchising & Franchise Agreements are arrangements where one party (the franchisor) grants another party (the franchisee) the right to use its trademark or trade name as well as certain business systems and processes, to produce and market a good or service according to certain specifications. The franchisee usually pays a one-time franchise fee plus a percentage of sales revenue as royalty, and in return, gains immediate name recognition, has access to tried and tested products, utilizes a standard building design and décor, has access to detailed techniques in running and promoting the franchised business, training of employees, and ongoing assistance and advice form the franchisor.
If you are interested in knowing more about Franchising & Franchise Agreements, please don’t hesitate to contact us.
Basic Services
- Franchisee
- Reviewing the Franchise Agreement
- Supply Independent Legal Advice
- Advice on franchise issues
- Franchise litigation
- Franchisor
- Advise on process and franchising
- Prepare franchise disclosure document
- Prepare franchise agreement
- Attend to compliance issues
- Prepare and implement recruitment and selection process
- Advise on franchise issues
- Franchise litigation
Additional Services
- Independent Legal Advice
- Legal advice on franchising matters and issues
- General franchise process advice
- Consult on start-up franchise opportunities with prospective franchisors
- Structuring of franchise companies
- Ensuring viability and feasibility of new franchise businesses