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A franchise allows the franchisee to trade under the brand of the franchisor, following the franchisor’s proven business format. This allows brand owners to exploit their existing intellectual property and generate additional revenue without the commitment of further capital, as well as expanding the business into new territories with the benefit of the franchisee’s local knowledge. For the franchisee, a franchise lowers their risk through following a business model that has already been demonstrably successful elsewhere.
Franchise agreements will often include a combination of:
In some cases, a franchisor will grant a master franchise whereby the master franchisee is licensed to grant sub-franchises in a particular region.
Our team has extensive franchise experience to assist in drafting and negotiating franchise agreements. However, we provide a truly holistic service; we have specialists who can be called upon to advise on every specific issue that may arise in negotiations or during the course of the franchise relationship. For example, intellectual property law, data protection law and commercial property law specialists as well as a team of litigators.
Furthermore, with our extensive network of overseas associate firms, we can also seamlessly deal with any related foreign aspects of our clients’ matters. For example, disputes with a foreign franchisee and overseas trade mark licence recordals. (In some jurisdictions, licence recordals can be crucial to ensure (for example) that the franchisor does not lose its registered trade marks if they are ‘attacked’ for non-use.)
For more information about how our team can assist you with your franchise contract needs, please do not hesitate to contact us on +44 (0) 208 092 2700 or info@barnes-law.co.uk or click the link below.
Whether you are a small business or a multinational firm, Barnes Law are committed to providing you with a seamless service that allows you to focus on your business, whilst we keep an eye on the finer details. If you need help from a member of our expert employment lawyers team, please do not hesitate to call +44 (0) 208 092 2700 or email us at info@barnes-law.co.uk.
