This Practice Note highlights some of the key provisions in franchise agreements and in a franchise context that help reduce the risk of disputes arising between franchisor and franchisee.
This Precedent is a set of franchisee acknowledgement clauses which can be included within a franchise agreement. One clause is an acknowledgement by the franchisee that it has taken independent legal advice in respect of entering into the franchise. The second clause is an acknowledgement by the franchisee that the agreement is in respect of a pilot franchise only and the franchise has yet to be established. A third clause is an acknowledgement by the franchisee that the franchise is commencing in pandemic circumstances.
This Precedent clause is for use in a franchise agreement, where the franchisee is an individual and where a principal is required to provide a guarantee to the franchisor guaranteeing the performance of the franchisee under the franchise agreement. The guarantee is given by the principal for the benefit of the franchisor.
This Precedent letter of confirmation of legal advice is to be sent from the adviser of a franchisee to the adviser of a franchisor. It confirms that the franchisee (and the principal of the franchisee) has received legal advice in relation to the franchise agreement and in particular in relation to any onerous provisions of it.
This is a Checklist of issues for a franchisee to consider prior to committing to enter into a franchise agreement or purchase an existing franchise. Taking a franchise is often a substantial financial investment and long term commitment for a franchisee and it is important they fully understand what they are getting into.
This Checklist is for a franchise disclosure document or franchise verification documentation. It provides a list of the key elements for the franchisor to include within the franchise disclosure document or franchise verification documentation, to support its standing as a franchise business.
This is a Checklist for taking instructions from either a franchisor or franchisee in relation to a proposed franchise agreement.
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