Q&A

Question: What is the Franchising Code of Practice?

Answer:

The Franchising Code of Practice 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.

Emma Jervis

Answered by Emma Jervis

Emma is an experienced franchise lawyer and litigator who has successfully helped many clients achieve commercial and workable solutions to their legal problems. With over 10 years legal experience, Emma has run many cases in all tiers of the NSW Court system and Family Court of Australia, as well as having many years experience in advising clients of their legal rights in both the commercial and family law spheres. Emma is also experienced in drafting a range of documents, including complex binding financial agreements for high wealth individuals, franchise documents, and all other commercial contracts.

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