I am a Franchisor and an existing Franchisee is selling their business. The Franchisee has given the buyer a copy
Wisewould Mahony Lawyers specialises in franchising and our lawyers have assisted franchisors and franchisees since well before the introduction of
What happens if your franchisor goes bust or sells its rights?
Termination without cause: a time bomb for franchisees?
Yes, and in fact we recommend that you certainly do so. A Franchisor must give you a Disclosure Document for
This involves an analysis of the nature of the business you are acquiring as well as your own personal circumstances,
There are many successful Franchise systems that operate responsibly and support their Franchisees. The Franchisors have invested in their business,
Section 47 of the Trade Practices Act 1974 prohibits corporations from engaging in the practice of exclusive dealing, although usually
The Disclosure Document must be updated every time the Franchisor enters a new Franchise Agreement, including when there is a
It is often the case that franchisees are attracted to a franchise brand or system by the enthusiasm and vision
Careful consideration needs to be given to whether the franchisor will hold the Lease of the business premises or require
A franchise is a licensed contractual right which is not necessarily transferable unless there is a provision in the Agreement