Franchise Agreement

Creating a franchise can be a great way to grow and expand your business. To start your franchise operations, you’ll first need an airtight franchise agreement to govern and define the legal relationship with your franchisees. A franchise agreement will:
  • Protect your reputation
  • Set out your franchisee’s obligations
  • Clarify your own obligations
  • Define the duration of the agreement and what happens if either party wants to terminate early
  • Explain how to deal with disputes
Your lawyer can draft you a franchise agreement that works for your business and is compliant with competition law and the relevant code of ethics. This service is for franchisors who want to draft a brand new franchise agreement. If you are a franchisee and you would like a lawyer to review your franchise agreement, please see our service for reviewing documents.

What you will get from this service

A 60-minute consultation with your lawyer to align objectives. You’ll discuss:
  • Your uniform business format
  • The obligations that you will take on as the franchisor
  • The obligations your franchisee will undertake
  • The basis on which you are happy to grant a renewal of the franchise
  • Payment terms
  • Your specific questions about the agreement
  • The key information/documents your lawyer needs from you to begin drafting the agreement
You’ll receive a professionally drafted franchise agreement, which you can use as a precedent to define the relationship with each of your franchisees.

What this service will enable you to do

You will have a formal, legally binding document that regulates the relationship between you, the (the franchisor) and your franchisees. This provides you with:
  • Control over your uniform business format
  • Protection for your reputation and brand
  • Clarity on the franchisee’s rights, responsibilities and obligations
  • Clarity on your own rights, responsibilities and obligations
  • Efficient recourse in the event of a disagreement.
  • Peace of mind that your agreement is compliant with competition law and your industry code of ethics.

What happens after I hire a lawyer?

1. Onboarding

You send your lawyer proof of ID and address and your lawyer checks for conflicts. You send any relevant documentation to your lawyer. Your lawyer send you a client engagement letter to sign and return.

2. Personal Consultation

Choose between a phone, online or face-to-face meeting with your lawyer

3. Draft documentation

Your lawyer sends you a draft version of the document for you to review

4. Revisions and approval

You review the draft, provide comments if necessary, and request revisions. Your lawyer will provide you with another iteration, incorporating your changes as far as possible. Once you’re happy with the document, you approve the final version.

5. Leave a review of your Experience

Leave a review for Legal Drop and your lawyer