At Travers Smith LLP, the team, led by Dan Reavill, advises leading brands on franchise issues in the restaurant, hospitality, leisure, retail and fashion industries. The department relies on the firm`s international network and can assist clients with cross-border components of transactions and agreements related to franchising issues such as brand licensing, IT agreements, and supply and logistics contracts. The legal industry is at a time of dramatic change, with many small businesses being devoured by more well-known and established brands. But you don`t have to worry because law firms have entered the 21st century, with excellent franchise opportunities and unlimited potential for success. When it comes to the most sensitive issues of writing a will, buying a home, or getting divorced, consumers want a brand they can trust. However, this often means going to a big city just to talk to a lawyer. Here, your franchise opportunity makes sense not only for you from a business point of view, but also for your customers: established brands are brought to the local main streets. Simons Muirhead & Burton regularly advises retail companies in national and international franchise networks, supported by the „extensive experience and knowledge of Practice Manager Maninder Gill in retail“. Gill is also adept at franchise network issues, international franchise agreements and franchise litigation. In addition to the luxury retailer`s skills, the team also has experience advising publishers and schools on franchise issues.
At the same time, the company name is suitable for providing a range of legal services and for those looking for franchise opportunities offering a wider range of opportunities, we are worth contacting. The Hamilton Pratt boutique company, often taught by franchisors who are members of the British Franchise Association, has an „excellent track record“ in the franchise business. Areas of expertise include handling franchise disputes, resales, franchise agreements, competition issues and international franchising issues, including framework franchise agreements and foreign franchise agreements. The Warwick-based team is led by partner John Pratt, who is a „respected authority on franchising.“ Controversial expert James Barrett and Barbara Lock are the other names to keep in mind. Head office support gives you the opportunity to focus on building your legal and financial franchise client base and move on to building your new business. Franchise regulation There are no franchise-specific laws in the UK. Instead, franchises are subject to the general principles of contract law, like other types of businesses. However, the British Franchise Association (BFA), a self-regulating and voluntary organisation, has developed a Code of Ethics which is followed by its members. The Code of Ethics contains, but is not limited to, provisions relating to the franchisor`s experience, the fair relationship between the franchisor and its franchisees, and restrictions on the recruitment and hiring of new franchisees.
There are no initial disclosure requirements in the UK. However, franchisors who are members of BFA are required to provide their potential franchisees with a copy of the Code of Ethics. By joining the BFA, franchisors also agree to comply with the terms of the disciplinary procedure, the complaint procedure and the appeal procedure. Whether you`re a franchisee starting a new business or a franchisor who needs a strong and competitive legal team by your side, we`re here to give you advice when you need it most. If you`re looking for a franchise in an industry that has always been strong and profitable in the market, a legal and financial franchise might not be a better choice. The field of franchise legal support services is booming and offers a huge opportunity to build and develop excellent B2B networks. Whether you want to run an accounting business or want to provide high-quality legal services, you can rest assured that buying some of the best legal franchise opportunities will give you instant authority in this market, which is particularly difficult to penetrate independently. With the support of the franchise`s head office, you will be freed up to work on building your franchise legal and financial client base and growing your business. This British franchise offers a range of legal services, but specialises in wills and estates – or „estate planning“. The company says investors who take advantage of its franchise opportunity will have a huge pool of 35 million potential customers. That`s because two-thirds of people haven`t made a will. However, half of the people die without having made one, so the company also strives to raise awareness about the importance of making a will, no matter how little money people think they have or their personal circumstances.
We have an enviable track record in the franchise industry by consistently providing relevant and high-quality legal advice. What sets us apart is that we treat each case with the care and attention we would apply if we were doing the work for ourselves. I think it`s this personal approach that really relieves important business transactions. The biggest mistake potential franchisees can make when buying a franchise is not seeking legal advice. The lack of legal advice is cited as one of the main reasons for the failure of franchisees. Cutting corners when it comes to hiring a lawyer to buy a franchise can be extremely expensive in the long run. We can`t stress enough the importance of all potential franchisees seeking legal advice and that you only hire a franchise lawyer. Below is a list of all lawyers who are members of the British Franchise Association.
Our highly respected lawyers create your franchise agreement, assist you with international franchising, assist you with trademark licensing and intellectual property protection, and help resolve franchise disputes to ensure your franchise transaction always follows best practices. Another important legal development affecting franchises operating in the UK is the new UK Bribery Act 2010 (UK Bribery Act). The main feature of the UK Corruption Act is a new offence committed by companies for failing to prevent corruption. .