Thinking about Franchising for Business Development – Get in Touch with Commercial Lawyers Perth

Franchising is a legal structure that permits a business to grow without incurring the capital expenses that would in other ways be mandatory. It is important for both franchisors and franchisees to understand the legal issues involved in the franchising process. It involves both the parties, the franchisor and franchisee, registering into an agreement under which the franchisor permits the franchisee the right to support and move on a business providing goods or services controlled by a specific system or marketing plan as designed or managed by the franchisor. The franchisee’s business is connected with a particular trademark, advertising or a commercial symbol possessed, used, licensed or state by the franchisor and the franchisee is frequently need to pay a percentage of income or another amount to the franchisor prior to starting and/or while operating the business, which may also involve portions for the marketing of the franchise and managerial costs.

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More About Franchising – Commercial Lawyers Perth

Commercial Lawyers Perth, represent many big franchisor companies in commercial litigation and dispute matters. We also review Franchise agreements and disclosure documents which have been given to prospective franchisees by franchisor and give advice on the rights and obligations under the Franchise agreement before it is signed.

The Franchising Code of Conduct governs franchising in Australia. It’s essential that any prospective franchisor ensures every element of their franchise is compliant with the Code. A franchise agreement sets out the legal connection between the franchisor and franchisee, includes the franchise history, and details how the franchise will work. This includes upfront and ongoing payments by the franchisee, and what the franchisee obtains for those payments.

Commercial Lawyers Perth are experienced in advising clients about legal matters related to Franchising law. We can help with drafting key documents, negotiations, leasing, intellectual property and, purchasing and selling a franchise. If you need legal advice about franchising law, don’t hesitate to contact us.

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