Franchises

Franchises are becoming an increasingly popular business model in the UK, and with the Natwest/BFA 2015 report concluding that franchises contributed £15.1 billion to the UK economy in 2015, it’s not hard to see the benefits.

Additionally, the report states that, of the 44,000 franchisee owned businesses in the UK, 97% reported profitability, and 20% of new franchisees were under 30. 

If you are a business owner who believes that your business model can be easily and profitably replicated, you may wish to discuss the process of franchising with our Company Commercial team. Becoming a franchisor is a complex process, and we recommend that you seek legal advice to ensure that you understand the obligations and risks which you would be undertaking. Once you have decided to proceed, we are able to assess your business structure and advise on the suitability of the business, in the current format, for franchising. The team would also draft the relevant franchising documents, and advise on the necessary internal paperwork such as branding guidelines.

Additionally, we are also able to offer professional advice to those wishing to take on a new franchise (the franchisee). The franchise agreement is likely to contain terms which will commit you to long term financial investments as well as placing certain restrictions on your own actions. Our review service can evaluate the franchise documentation and ensure that you understand these obligations before you enter into the agreement.

 

What our clients say

  • "No improvement to service needed. Alison was the epitome of professional calm in going over options and maintaining patience, and indeed advised against a path that certainly would have achieved higher fees for her, but the correct call in retrospect. So I feel her advice was professional and unbiased. She was attentive in keeping me appraised of news, and maintained a polite and stress free approach which kept me calm and optimistic a final result in my favour would occur. Would recommend her, and the firm, to others." Anon
  • “The service received was first class and I am now using Chris for a second property and have recommended him to others as well.” Mrs Q
  • “Dealt with Alison primarily for Power of Attorney, very helpful and polite.” Anon
  • “I cannot think of any way that we could have had better service!!!” Anon
  • “I wanted to let you know what a fantastic job your colleague Serhat has done over the last couple of months supporting the eviction of a tenant from my property. ” Anon
  • "Our solicitor has been extremely conscientious at all times, always available to advise and above all has always been very supportive and empathetic to my case. He really did make a stressful situation a lot easier for myself and my family" Mrs T