Taking on a franchise can be a great opportunity to go into business for yourself. However, before you sign up you must make sure you are fully aware of the risks and liabilities you will be taking on.
Hutchinson Thomas / For business / Franchise agreements
Our franchise law team has extensive experience advising franchisees across a wide range of sectors. We can support you:
• Before entering into a franchise agreement
• During the operation of your franchise
• In resolving disputes or negotiating changes
We’re known for our responsive, commercially focused service and are always available to answer your questions. As accredited members of the British Franchise Association (BFA), we uphold the highest standards of ethical franchising.
The franchise agreement is a legally binding contract that sets out the full terms of your relationship with the franchisor. It will typically include:
• Your responsibilities and obligations
• Initial and ongoing fees or profit-sharing arrangements
• Termination clauses and exit procedures
• Dispute resolution mechanisms
• Restrictions on competition and use of business know-how
These agreements are often lengthy and complex. We’ll help you understand the implications of each clause and negotiate amendments where necessary to protect your interests.
Franchising often involves more than just the agreement itself. We work closely with colleagues in:
• Commercial property – reviewing leases and property obligations
• Employment law – advising on staff contracts and HR issues
• Business and commercial law – supporting your wider business needs
• Dispute resolution – helping resolve issues quickly and effectively
We also collaborate with trusted professionals in accounting, finance, marketing, and franchise recruitment to offer a well-rounded support network.
Buying a franchise gives you the opportunity to run your own business with the backing of an established brand. But it’s still vital to carry out proper due diligence. We’ll help you:
• Understand the market and financial risks
• Assess the franchisor’s track record and support offering
• Clarify what help and guidance you can expect
• Specialist franchise law expertise
• Practical, commercially focused advice
• Full-service legal support across related areas
• Recognised in The Legal 500 and awarded the Law Society Mark of Excellence
Our specialist commercial lawyers offer a one-stop-shop for legal advice for all types of business – from start-ups to established companies.
All of our lawyers are specialists in their area of law. Book in for an initial discussion where we will discuss all of your options with you.