You are either franchising your business, or you’re thinking about buying a franchised outlet; you will need a Franchise Agreement review or draft! LegalVision is a franchisor or franchisee’s one stop shop for getting their Franchise Agreement reviewed or drafted by an experienced franchise specialist. If you are getting involved in franchising in St Kilda, a LegalVision franchise lawyer can assist you with your Franchise Agreement for an affordable fixed-fee.
Why is the Franchise Agreement so important? It is the legal document or contract that creates the franchise relationship between the franchise owner (franchisor) and the person buying a branch of the business (franchisee). It will include core terms such as duration of the agreement, franchise fees, intellectual property licences and what to do in the event of a dispute. Depending on the nature of your business, personal circumstances or future goals, certain terms of the Franchise Agreement will differ. A specialist LegalVision franchise lawyer will be able to assess the specific terms that are necessary to include in your Franchise Agreement.
If you’d like LegalVision to assist you with your Franchise Agreement in St Kilda, simply give us a call on 1300 544 755 or fill out the online form available on this page and we’ll get back to you.
It is important that your Franchise Agreement sees more than one set of legal eyes. What this means is that you should never sign a Franchise Agreement without first having it reviewed by an experienced franchise lawyer, or contract lawyer who has a working and up-to-date knowledge of franchising laws and common practices. This due diligence goes for any contract you sign, but it is particularly important for your Franchise Agreement, as this document creates significant duties and responsibilities that you will be bound to fulfill for the duration of the agreement. You also want to avoid as much as you possibly can the likelihood of a franchise dispute arising somewhere down the track.
If you’d like a LegalVision lawyer to draft or review your Franchise Agreement in St Kilda then get in touch for your free initial consultation today!