If you are considering buying a franchise it is vitally important that you consult an experienced franchise solicitor before you sign any agreement or contract – and certainly before you part with any money!
The solicitor who handled your house sale or your divorce may not be qualified or experienced enough to advise you on the ‘ins and outs’ of franchise agreements; so come to Parrott & Coales to receive the professional advice and support you need.
At Parrott & Coales, we have a team of experienced franchise solicitors who can assist you at every step of the process. As we deal with hundreds of franchise agreements every year, we will advise you as to whether or not the franchise agreement is compliant with UK law and if it adheres to the code of ethics drawn up by the British Franchise Association (to which Parrott & Coales are affiliated).
A franchise agreement sets out the rights and obligations of both the franchisor and the franchisee and while most contracts keep to a set format (and are not usually negotiable), there are sometimes terms or exclusions that can cause problems later on.
In such cases, we would help you compose a side letter that would be annexed to your agreement and which would be legally enforceable in the event of a dispute between the franchisor and franchisee.
Franchise agreements typically run to 60 pages and contain many obligations and restrictions on the franchisee, some of which can be hard to interpret, so it is important that you understand your legal position. Our experts will advise you on:
Occasionally, things do go wrong and franchisees want to terminate their agreement early. In such cases, our advice is always to seek professional legal advice as soon as possible, so that things can be resolved promptly and at minimum cost. We can advise if:
To speak to one of our professional advisers and to find out more about how we can help you, call us today on 01296 318 500 or fill out the form below.
