Things you should know

  • Franchise opportunities often hide fees and charges.
  • Franchisors have to comply with a franchising code of conduct.
  • Business and financial advice is recommended alongside legal advice, to ensure that sound financial decisions are made in relation to pursuing a franchise opportunity.
  • It is important to decide your business structure before entering into a franchise.
  • You need to understand the franchisors requirements of its franchises before entering into the franchise as sometimes the franchise can be a relatively illiquid asset and you must be prepared for a long term commitment.
  • Franchises depend on the franchiser’s integrity and commitment for success – do you understand and know the background of the franchise and its history?

The Goldbergs Difference:

  • We have experience providing advice for clients who have owned and operated a range of franchises in various industries.
  • We provide commercially-sensible advice and understand the business structure of a franchise.
  • We act for franchisors as well as franchisees.

Why would you need this service?

Do you want to buy and operate, or sell a franchise? If so, you should seek expert legal advice to ensure you understand the risks, benefits and challenges of such a business structure.