Franchising code amendments - dispute resolution
The long awaited dispute resolution provisions under the Franchising Code of Conduct (the...
A well drafted franchise agreement will:
Under the terms of a franchise agreement a franchisee is usually granted the right to use the franchisor's name, trade mark and system, within a certain defined territory (or site) for a certain period.
The franchise agreement will also set out the franchisee's obligations such as:
If you are buying a franchise or renewing your franchise agreement, it is important that you have an experienced franchise lawyer look over your documents and advise you of any risks. An experienced franchise lawyer will also advise you of the terms that are standard in the franchise industry.
We will review the franchise agreement considering:
We will provide you with advice about
We will meet with you for an hour to an hour and a half and go through the franchise agreement and disclosure document in the meeting (but not read the franchise agreement beforehand).
We will read and review the franchise agreement and go through the franchise agreement with you in a meeting of approximately one and a half hours, highlighting and explaining any clauses that we consider you should be aware of, that are important or that we believe are harsh or unusual.
The Premium Franchise Agreement Review includes the Standard Franchise Agreement Review plus a written review.