Hire a Franchise Lawyer
Franchisee agreement is the final contract between the franchisor and franchisee. Franchisor gets this agreement prepared with the help of his franchise lawyer. Obviously he will inculcate strong points in the agreement which would be in his favour.
You must be aware why you need to hire an attorney as your business will depend on it. Hiring Franchise Lawyers Sydney is a good choice.
Points of Negotiations
Though most of the terms of franchise agreement stand same for all the franchisees, but still there are some points about which your franchise lawyers can certainly negotiate with your franchisor.
There are different rules such as, royalty rights, rights of refusal, territory rights etc. with the franchisor, they can be negotiated because they tend to vary on the basis of territory. There are numerous other negotiable legal issues such as, secured transactions, intellectual property rights, distribution and franchising, creditor’s rights, and antitrust employment law.
You might or might not get sufficient help from your franchisor regarding various business matters. Hiring franchise lawyers will keep you at safer side. At the time of starting the franchise, you need franchise lawyer for various purposes. He will also assist you in understanding the branding law agreement.
For an instance, for establishing you as a separate business entity such as, corporation, limited liability Company etc., you need to protect your assets. Besides that he will also assist you in making contract with other employees of the business and several other legal matters.