Franchising a business offers a cost-effective, relatively low risk way for companies to expand while allowing local entrepreneurs to invest in a tried and tested concept. However, to make sure the franchise model works for you and your business goals, getting the right legal advise and support is essential.
Franklins’ expert franchising solicitors in Milton Keynes have extensive experience in all areas of franchise law. We can help you create a franchise agreement that matches both parties’ best interests while allowing you both the right framework for long term success. We can also assist you with any other franchise law issues, including resolving franchise disputes and buying or selling an existing franchise.
If you need a franchise agreement, are involved in a franchise dispute, want to buy or sell an existing franchise, or need help with any other legal aspects of franchising, please get in touch with our franchising solicitors in Milton Keynes now.
Call 01908 660966 or use our contact form for a prompt response.
Franklins’ franchising services in Milton Keynes
Our franchising solicitors in Milton Keynes provide a complete legal solution for franchisors and franchisees throughout the East Midlands and South East England.
Franchise agreements set out the framework for how the franchisee-franchisor relationship will work, including the rights and responsibilities of each party and the franchise fees. These are usually highly complex documents, so both franchisor and franchisee must have independent legal representation to make sure both parties fully understand the agreement and everything it entails.
Franchise dispute resolution
Disputes between a franchisee and franchisor can cost both a lot of time, money and stress, as well as being a distraction from running your businesses. Our non-confrontational dispute resolution expertise means we can usually find a solution quickly and cost-effectively without resorting to court action. This approach also increases the likelihood of maintaining a positive franchisor-franchisee relationship.
Buying or selling a franchise
There are various legal issues that must be considered when buying or selling an existing franchise. Our expert franchise lawyers can advise you on all of the legal implications, including your responsibilities towards the franchisor and help you to quickly and efficiently complete the sale.
Franchising law FAQs
What is involved in a franchise agreement?
The specifics of a franchise agreement will depend on the circumstances and type of business, but will typically include:
- The right for the franchisee to use the name of the parent business
- The right for the franchisee to operate according to the franchisor’s concept
- The franchising fees the franchisee will be required to pay to the franchisor
- The franchisor’s responsibility for providing ongoing support to the franchisee
- The franchisor’s right to exercise quality control over the franchisee
It is important that both parties fully understand the implications of all aspects of the franchise agreement before signing, which is why it is vital to have specialist legal advice on hand at all times.
How can you end a franchise agreement?
If you wish to terminate a franchise agreement, either as the franchisor or franchisee, your ability to do so and the process involved will generally be dictated by the terms of the franchise agreement.
Circumstances where you can end a franchise include:
- The franchise reaching the end of the fixed-term agreed in the contract
- The other party breaching the terms of the franchise agreement (depending on the details of the franchise agreement, you will likely have to give the other party a period of time to remedy the breach first)
- The franchisee selling the franchise (their ability to do so and their obligations to the franchisor when doing so should be set out in the franchise agreement)
Our franchising legal expertise
For over 30 years, Franklins has been advising franchisors and franchisees with respect to all aspects of franchise agreements. We help both parties to establish and maintain effective business relationships, including making sure all of the key issues are accounted for so that both parties interests are protected and potential problems are anticipated and avoided wherever possible.
With more than 100 staff spread across our Milton Keynes and Northampton offices, we represent businesses across the East Midlands and South East England. We have a reputation as one of the UK’s most innovative law firms, combining traditional legal expertise with the latest technology. The result is a truly modern legal service for our clients.
We are accredited to ISO 9001 standard, Lexcel accredited by the Law Society and are a recognised Investor in People. These achievements reflect our commitment to providing excellence as standard, not as an exception.
Get in touch with our expert franchising solicitors in Milton Keynes
If you need help creating a franchise agreement, finding a solution to a franchise dispute or dealing with any other issues related to franchise law, either as a franchisee or franchisor, we can provide the specialist legal expertise you require.
Contact our highly experienced franchising solicitors in Milton Keynes now by calling 01908 660966 or click on the “next step” button below to request a call back.