Franchise Agreement Solicitors
A franchise agreement is a legally-binding contract between the parties to a franchise relationship, and for the franchisee to take ownership of the given franchise.
A franchise agreement protects both parties. It protects you as the franchisee and also protects the franchisor brand.
A franchise agreement is essentially a license from the franchisor to the franchisee. A license is essentially the permission one party gives to another to do or use something of value.
- The franchisor licenses to the franchisee the right to use the franchisor’s intellectual property, systems and brand.
- The franchisee obtains the rights to open a business using the franchisor’s intellectual property, systems and brand, if it meets certain conditions.
The documentation for a franchise agreement can be complex. Before the addendum and other content, they are usually 25-30 pages long- after these have been added, they can be 2-3 times longer.
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Franchise Agreement Fees
|Franchise Agreement||From £1000||£200||From £1200|
|Franchise Agreement Review||£600||£120||£720|