| Franchising |
|
|
|
|
Franchising is a method of trading where a franchisor grants a license to the franchisee to use the name, intellectual property and method of the business in return for a fee. Typically the franchisor carries on certain tasks of the business such as:-
The franchisee gets the benefit of the established business system and goodwill of the franchise. For a solicitor acting for a franchisee it is important to determine the rights of the franchisee and the financial and other obligations. In terms of developing an existing business into a franchise for a potential franchisor, it is important to carefully pass on the business system while maintaining the essential control to further develop and maintain the brand. At DC Adolphe Legal we can help either franchisors or franchisees protect their interests and ensure that they understand their rights and obligations in the franchise process.
The comments above are a general discussion of franchising and should not be taken as legal advice. Before you make any decisions you should consult a qualified solicitor to protect your interests.
|




