We represented our client on the sale of their nanny franchise business. We knew from previous experience that it was important to review our client’s existing franchise agreement, and to advise on any relevant rights and obligations. In this case, the franchisor had the right of first refusal to acquire the business at a prescribed price which helped us to effectively advise our client on the proposed sale to an independent buyer.
Find out moreFranchising solicitors in London and Essex
The NatWest British Franchise Association 2020 survey reported that here are more than 900 franchisor brands operating in the UK, with just over 44,000 franchisee outlets between them. The sector provides jobs for 621,000 people, and it turns over £15bn per year. In short, franchises are an important part of the UK economy.
Although a franchise arrangement is not usually a legal “partnership”, it does involve many of the hallmarks of a partnership, such as collaboration and trust. However, as with all collaborations, things can go wrong, misunderstandings can occur, and relationships can breakdown.
We are well-versed in all aspects of franchising and advise on a broad range of issues including:
- Franchise agreements
- Selling and buying franchises
- Employment law advice
- Shareholder agreements
- GDPR and privacy
- Commercial property
- Disputes between franchisors and franchisees
For franchisees, it is essential to consider the legal issues that will apply during the franchise period as well as what might happen if your business strategy changes, including what your legal rights are.
For franchisors, there are key issues to consider when thinking about turning your business into a franchise.
Our unique selling point is that we understand what clients want from their lawyers. We will manage your transaction proactively, with careful attention to detail while never losing sight of the bigger picture.
While working with us you will have access to our strong network of other professionals such as accountants, brokers, independent financial advisers and bankers.
We offer a range of pricing options and will be happy to discuss these with you. As a client-centred law firm, we will be transparent with you about our pricing and actively manage this throughout your matter.
