Franchising is a popular way to achieve growth for your business. However, if you are considering expanding your business into a franchise, then it is important to know what to include in agreements with potential franchisees.
To assist you, LegalVision's Emma Jervis (Practice Group Leader) and Hanin Naji (Lawyer) discuss:
+ the seven main decisions to make before drafting;
+ typical franchise agreement inclusions;
+ meeting Franchise Code of Conduct requirements; and
+ what not to include in your franchise agreement.
About Emma Jervis
Emma is the Practice Group Leader of LegalVision’s Franchising Team. Emma’s extensive experience in franchising law includes acting on large franchise disputes in the Federal Court, and representing numerous franchisors and franchisees in setting up, managing and expanding their businesses.
About Hanin Naji
Hanin Naji is a Lawyer at LegalVision within the Franchising and Leasing team. Hanin has experience working with franchisors in all practice areas relevant to running a successful franchise, allowing her to give pragmatic and commercial advice to clients.
About LegalVision
LegalVision is a market disruptor in the commercial legal services industry. The firm’s unlimited legal services membership provides businesses with a faster, better quality and more cost-effective client experience. LegalVision is a leader in delivering legal services and has assisted more than 150,000 businesses across Australia, New Zealand and the United Kingdom. The firm was recently named Law Firm of the Year at the Australasian Law Awards for the second time.
00:00 - Introduction
02:08 - Before You Draft
05:56 - Drafting Process - Top 7 Decisions
13:29 - Common Drafting Mistakes
16:59 - The Franchise Suite of Documents
19:33 - The Operations Manual
22:49 - Why Franchising is Worth it
26:28 - Q&A
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The information provided in this video is for general informational purposes only and does not constitute legal advice. While we aim to provide accurate and up-to-date content, laws and regulations may vary, and the information may not apply to your specific circumstances. We encourage you to contact us for a free consultation so we can provide advice specific to your circumstances.
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