Franchisee Legal Services
The Principal of Greyson Legal | Franchise Lawyers has 20 years experience assisting and advising clients:
buying a franchise business
selling an existing franchise business
in relation to Franchise Agreement, Disclosure Documents and ancillary legal documentation
in regards to Franchising Code of Conduct compliance
with franchise disputes; and
on all legal matters relevant to franchising
What is Franchising?
Offers a way to buy a ready-made business package
Franchising is a method for doing business, sometimes called "business format franchising".
It's characteristics include:
a way of distributing goods and/or services and promoting the franchisor's brand through a network of franchisees
the franchisor (or an associate) owns certain intellectual property rights
the goods, the services and the franchisor have brand recognition in the marketplace
the franchisee wants to associate itself with the franchisor's brand
the franchisor grants a franchisee the right to operate an independent franchise business, subject to certain conditions being met, such as, the franchisee:
must comply with the franchisor's systems
acquires a range of goods and/or services for re-sale from franchisor approved suppliers
sells franchisor approved goods and/or services to consumers or others
pays the franchisor certain franchise fees and royalties in consideration for the above rights
operates within a prescribed franchise territory.
This terms and condition around such an arrangement are set out in a Franchise Agreement.
In Australia, franchisors and franchisees must also comply with the Franchising Code of Conduct, which exists under the Competition and Consumer Act 2010, as well as consumer and other laws.