Franchising allows a business (franchisee) to operate under the same brand and business model as the franchisor. In this way, the franchise is a licence that grants the franchisee access to the expertise, intellectual property, processes, products, and services of the franchisor.
At 360 Legal, we have in-depth experience representing franchisors and franchisees. As a potential franchisee, its is essential to understand your rights and responsibilities under a franchise agreement. This legally binding agreement will determine the boundaries and framework that your business will operate it. Therefore, it is important to mitigate the risks and strategize for future eventualities such as unfair or lack of renewal terms.
In addition to this, our team have experience drafting and preparing franchise agreements. For such agreements to be valid, it is imperative that parties meet strict requirements such as satisfying:
Our team can also advise you on how you can comply with franchise laws, standards and codes. If you feel that your rights as a franchisee or franchisor have been breached, we can help enforce your rights against the breaching party.