Franchising is a growing area for small businesses. Having a “parent” organisation to rely on for business, logistical and marketing support while being part of a known brand can present an exciting opportunity for entrepreneurs.
Setting up a franchise isn’t as straightforward as it may seem, we therefore advise both franchisees and franchisors on all aspects of their franchise agreements.
There are crucial questions each party should address prior to reaching any agreement concerning fees, sales targets, pricing, product sourcing, franchise reviews, insurance, indemnities, reporting and franchise termination, amongst others.
With the correct advice from Dallas & Co franchisees and franchisors can protect themselves from future disputes in any of these areas, with the knowledge they have clear parameters within the structure of their agreement.