Franchising allows an existing business to expand using capital and resources.
Franchising allows an existing business to expand using capital and resources provided by third parties and can lead to very rapid growth. For the franchisee, there is the opportunity to start a business with an existing brand and marketing support.
Chris Wiper, has considerable experience of franchising law. He advises both franchisors and franchisees, guiding them through the regulatory environment. Whether you are starting to consider franchising or looking to expand to a wider geographic area, he can advise you at every stage.
Under a franchising agreement a franchisor permits a franchisee to exploit its trademarks or signs, as well as its know-how for the sale of goods or services. Any agreement allows the franchisor a degree of control over the way in which the franchisee runs the business and so brings the franchising agreement within the scope of competition law. For this reason, good legal advice is very important.