Posted by Elizabeth Gore-Jones
on 9 June 2015
OK, so I get that the use of song titles and somehow tying them into franchising or business law may be becoming a little tenuous.
However, you would be surprised the number of people who jump into legally or contractually binding relationships or agreements without fully appreciating their obligations or risks, and thus, like a prayer just hoping things will work out.
Here is a checklist of some of the due diligence enquiries you should undertake when enter into a new legal relati...
Posted by Elizabeth Gore-Jones
on 5 June 2015
Is it best that franchisees "walk the line" (in the words of the late Johnny Cash)?
It is often accepted that franchisees should not be entrepreneurial types. That franchisees should be of the ilk that can follow the system and the directions of the franchisor and not have an entrepreneurial bone in their body.
Whilst a stable of franchisees who can and do walk the line is obviously very attractive to a franchisor, does this stagnate the growth of the franchise syst...
Posted by Elizabeth Gore-Jones
on 4 June 2015
I have just returned from lecturing the Bond University PLT course about the wonderful world of franchising.
Franchising is such an in depth and intricate area of the law, it is difficult to give tomorrow's lawyers a complete understanding of what is involved in the practise of franchising law.
I gave them a run down of the services we provide to franchisors including preparing a franchise suite of documents, business structuring, issuing franchise agreements and all of the fro...