Both setting up a franchise or entering into a franchise as a franchisee can be a great financial investment and it’s important that you are well advised by both lawyers and accountants. We know what to look for and can advise you on what is standard and acceptable, ensuring you make the best decisions and investments.
We are here to guide you through the franchising process and help you make informed decisions whether you’re the franchisor or franchisee!
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Franchising is a business relationship whereas the owner of the business providing the goods or services (the franchisor), assigns to you (the franchisee) the right to market and distribute their goods and services.
When you buy a franchise, you are not buying the business. You buy a way of doing business. You buy the rights to leverage the power of their brand.
This may include a set marketing and business plan, distribution, training programs and more which can provide you with a healthy way to achieve a stable financial return without the stress and uncertainty of starting a new business from scratch.
Once this has occurred, the seller (vendor) has successfully transferred the property to the buyer.
Purchasing and operating a franchise can be a great financial investment, but beware! Franchises are a legal minefield with many key indicators you must be aware of when you consider to purchase a franchise.
We are here to guide you through the franchising process and help you make informed decisions whether you’re the franchisor or franchisee! Invest with peace of mind and achieve your financial goals.
Book a free consultation with us and we will help get you started. Choose to visit us in person at our Padstow or Wollongong Offices, or via teleconference today!
Located in Padstow, South-west Sydney and in the heart of Wollongong CBD. We look forward to your enquiries and assisting you with your legal matters.
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