What To Remember When Drafting Contracts For Your Franchise
Companies have many ways to expand. They may opt to increase their physical stores, or they may choose to introduce their brand internationally. When it comes to brand expansion, franchising often comes to mind. It is a billion-dollar industry that...
Clean slate
Manzoor Ishani discusses the conditions surrounding the renewal of a franchise agreement and their effects on both the franchisor and franchisee
The general practice on the expiry of a franchise agreement has been for a franchisor to grant its...
In competition
Franchise solicitor Manzoor Ishani explains how to avoidpotential territorial disputes with your franchisor.
It is not uncommon, especially in franchises where the franchisee travels to the customer, for the franchisor to grant exclusive rights...
In the end
When your franchise term comes to an end and it's time to move on, what restrictions lie in your franchise agreement? Legal expert Robert Bedford explains
Most franchise agreements contain measures aiming to restrict ex-franchisees from carrying out...
Make an exit
Know your exit strategy before you enter into a franchise agreement, says legal expert Jonathan Chadd
Every franchisee (like any prudent business man or woman) should have a proposed exit strategy from their business. This may be a sale to a third...
Trading confidentiality
A new type of clause is becoming commonplace in franchise agreements to safeguard the relationship between a franchisor and franchisee. Legal expert Manzoor Ishani simplifies the most important contract you'll sign
Franchisees are increasingly...
Close examination
The devil is in the detail. A cliché? Possibly - but not a bad one to have in mind when considering buying a franchise. Jane Masih reveals
Any prospective franchisee should proceed with a degree of caution when weighing up different franchise...
On the market
Manzoor Ishani on the legalities of selling up and moving on, otherwise known as franchise resales
‘Be your own boss - own your own business!' scream various advertisements for the sale of franchises. It is true that one of the principal reasons why...
Boom and bust
What happens if your franchisor goes bust? Franchise solicitor Robert Bedford offers his legal advice
Most franchise contracts will deal with the situation where a franchisee cannot pay its way (generally the franchisor has the option to terminate),...
Why take legal advice?
Legal expert Jane Masih explains why you should take independent legal advice before signing a franchise agreement
When deciding whether or not to buy a franchise you are likely to have been told that you should take independent legal advice before...
Breaking a signed agreement
Can you break an agreement once you’ve signed? Manzoor Ishani explains
If you sign a five-year contract with someone, it means you have a five-year contract doesn't it? I mean you'd think that if a bloke was given life for killing someone, he'd be...
Understanding different franchise agreements
Kevin Smith reveals how to understand the different agreements in franchising
Franchisors sometimes require prospective franchisees to sign one or more agreements before signing the franchise agreement itself. Also, the franchise agreement may take...
