Buying A Franchise
A franchise can be an excellent way to start your own business. Like any business venture however, there are certain pitfalls to be avoided.
Ask us a question?
Purchasing A Franchise – What To Look Out For
Whether you are buying your first franchise or your fiftieth, there are certain things that you should seek legal advice for:
Setting up the business entity – it’s important to establish the right business vehicle for your franchise, whether it is as a sole practitioner, a limited liability partnership, or a limited company, the choice of vehicle has legal ramifications for your business and for you personally.
Negotiating the franchise agreements – In a franchise agreement, the franchisor holds all the cards. It’s his (or her) business after all. Enlisting a franchise lawyer’s help might mean negotiating a more favourable deal.
Solving disputes – like any business venture, franchises are often the source of dispute. Sometimes these can be settled before they escalate but often they need careful handling. Most commonly franchising disputes involve performance – situations in which one party has not fulfilled their part of the bargain.
For expert advice on finding the right franchise, as well as expert handling of the legalities of the purchase and setting up of the franchise (including for instance property), contact us today.
Expert Franchise Solicitors Glasgow, Scotland
For advice on buying a franchise, the legalities of franchising or settling a franchising dispute, get in touch. If you are in Bearsden, Milngavie, the West End of Glasgow, Clarkston, Newton Mearns, the Southside of Glasgow or elsewhere in Scotland, we can help. To arrange an initial consultation with one of the top franchise lawyers in Glasgow, please complete our online enquiry form or contact us on 0141 673 1538.
