There are many benefits in franchising a business model or acquiring a franchised business.
If you are desirous of franchising your business, it is vital to ensure that your intellectual property rights are protected and your franchise agreements and disclosure documents are compliant with the Franchising Code of Conduct (the ‘Code’) and the Competition and Consumer Act 2010.
We have comprehensive knowledge through many years of experience in franchising law to provide expert advice on the statutory and regulatory requirements to roll out your franchise model and to prepare the contract and disclosure material for franchisees.
An upside in operating a franchised business for franchisees is the ability to benefit from the goodwill derived from the franchise systems, branding and intellectual property and to become involved in a structured business with management and marketing support.
We can assist franchisees by providing advise on the franchise documentation and explaining in plain english what can often been complex and overwhelming legal documentation. Additionally, we can assist by providing business structuring advice and guidance on setting up a new business or acquiring an existing franchised business.