Taking on a franchise is a legally binding agreement. Get it wrong and it could be a costly financial decision. Before entering a franchise agreement you need to carry out proper and thorough research – with expert legal advice. What are you actually buying the rights to? How much will it cost in fees to the franchisor? Are there any restrictions on trade? What are the costs of supplies? And importantly how do you check projections and cash flow figures? And if things aren’t quite working as you hoped for, what are the conditions if you want to leave early or if the franchisor ceases to trade?
QualitySolicitors Howlett Clarke lawyers are specialists in their field. If you want to buy or sell, or have a problem with your franchise arrangements, our lawyers can help. We can help you risk assess the legal implications of your franchise agreement before you sign. We promise to explain any complex legal matters in plain and simple English. Our advice will be pragmatic and commercially savvy. If you are having difficulties or there has been a breach we can help you assess your options, then decide the best approach to take. We promise to explain our costs upfront and to update you if anything changes. Any queries we respond to the same day – you have a business to run and your time is precious, we know.