Franchising and licensing lawyers - Stacks Law Firm
Franchising your business or buying into a franchise can involve many complex legal issues. Stacks will help you put the right structures in place, and understand your obligations within the franchise structure, so that your business can run smoothly.
Many Australian small and medium enterprises operate as franchised businesses. Clients of our corporate and commercial team include franchisors and franchisees in a broad cross section of industries.
Our corporate and commercial lawyers are experienced in dealing with all of the legal issues that arise for both franchisors and franchisees in the operation of a franchised business.
What is a franchise?
Unlike buying a business, when you buy a franchise you are buying a license to use the franchise name for a set time period. You effectively buy intellectual property in the franchisor’s trademark and benefit from the good reputation of the brand. The Franchisor owns the product or service, and the franchisee becomes a dealer of that product or service. The franchisee gains access to a standardised system, but they will be accountable to the franchisor and contractually obliged to run their business in a certain way.
Legal matters where Stacks Law Firm can assist you
- Preparing and advising on franchise agreements
- Preparing disclosure documents and other ancillary documents
- Obligations of each party
- Taxation, revenue and business structuring advice
- Purchase and leasing of commercial premises
- Acquiring and protecting intellectual property
- Mediating and resolving disputes between franchisors and franchisees
- Tax and succession planning, and asset protection advice for the owners of franchised businesses
Need advice about franchising or licensing? Call us today
