Establishing A Franchise
If you have a successful business then the next natural step is expansion. Sure, you could take on the additional expense of property, training, staff recruitment etc but a more favoured approach is to simply sell your model as a franchise. The Franchisees themselves are responsible for the day-to-day running of their business and they must do this strictly in accordance with a well-written Franchise Agreement.
Gibson Sheat can help you draft the documentation you need (franchise agreement, disclosure document, terms of supply, confidentiality agreements, application forms, software licence agreements, intellectual property licences, subleases, licences etc) as well as help with negotiations with potential buyers. Any aspect of franchise agreements you need explaining, talk to us.