Q&A
What is the Franchising Code of Conduct?

Answer:

The Franchising Code of Conduct controls the legal procedures and requisites that must be followed by all franchisors prior to entering a franchise agreement. The Code requires full disclosure by the franchisor of important details regarding the franchise. Once you have signed the franchise agreement, you’ll have a 7-day cooling off period to mull over the investment decision. In this time, it would be very wise to speak with a franchise lawyer to discuss the advantages and disadvantages of entering a franchise arrangement.

Answered by Emma Jervis

Emma is a Practice Leader who heads LegalVision’s Franchising Team. Emma’s experience in franchising law is extensive and varied, including acting on a number of large franchise disputes in the Federal Court, and representing numerous franchisors and franchisees in setting up, managing and expanding their businesses.

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