No franchise agreement is the same. How a franchise agreement is setup depends on the type of franchise being bought and sold. There will definitely be provisions in the franchise agreement that will have a direct impact on how you run
How a franchise agreement is setup depends on the type of franchise being bought and sold. No franchise agreement will be the same. There will definitely be provisions in the franchise agreement that will have a direct impact on how
Buying a franchise is an alternative option for entrepreneurs who don’t want the risks of starting a new business. Franchising is a public business format and people recognize a franchise business because it carries a well known trademark and brand.
If you are a business owner and you want to start a franchise, or buy a franchise, you will need a franchise attorney to setup a franchise contract that is lawful within the scope of statutory and common law contractual requirements. Both parties must
Article by Esmari Jonker, Attorney – Head of Franchising, Smit & Van Wyk Published in FASA (Franchise Association Manual) Franchise Manual 2019. A franchise system is based on a reciprocal relationship between a franchisor and its franchisees. For a franchise group to expand, one
Buying a franchise can be an attractive way to enter the business world, offering the advantage of operating under an established brand with proven systems and support. However, buying a franchise is also a complex legal transaction that involves significant
A business that has set out its systems and procedures, and is trading profitably, may choose to start a franchise. Successful franchising is difficult but if you want to expand your business to its’ maximum size and profitability, you may
Franchise Contracts and Licence Agreements How a franchise agreement is setup depends on the type of franchise being bought and sold. Many countries have specific laws on franchising and what is allowed in the franchise agreement. There will definitely be
Legal Representation for Franchisors and Franchisees Franchise attorneys act on behalf of local as well as international clients in the franchise industry. Esmari Jonker is an Attorney of the High Court of South Africa with more than 16 years experience with franchise agreements / franchise contracts,
