The exact content of the agreement will depend on the type of franchise and we will advise you on the best approach to take before entering into a franchise to extend your business. A franchise should consider the following:
- obligations of the franchisor and franchisee
- intellectual property
- payment provisions
- confidential information
- education and training programmes
A franchising agreement should be drafted and reviewed on behalf of both parties by experienced lawyers to ensure that both parties’ interests are protected by the agreement, and that neither is exposed to unreasonable commercial risk.
If you would like to find out more about franchising, contact us to arrange an initial free chat.