Latest news:

  • Inheritance claims – can you recover ‘no win, no fee’ legal costs? - An adult child with complex mental health issues has succeeded in an inheritance claim against her late Father’s estate for reasonable financial provision, despite being estranged from her parents. After much deliberation, the daughter was awarded £138,000 (approximately 25% of the estate), which valued at £554,000. The Judge declined to make an award to buy [...]
  • Have you had a change in employment? - Make sure you know your rights. The Coronavirus pandemic has resulted in a lot of uncertainty amongst workers whose employers are severely impacted by the outbreak. In response to the national lockdown, and enforced closures of businesses, many employers made fast and drastic decisions to terminate contracts, make employees redundant or place employees on furlough [...]
Show all news items 
fixed fee divorce solicitors aylesbury bucks franchise agreements

Franchise Agreements

If you are considering buying a franchise it is vitally important that you consult an experienced franchise solicitor before you sign any agreement or contract – and certainly before you part with any money!

The solicitor who handled your house sale or your divorce may not be qualified or experienced enough to advise you on the ‘ins and outs’ of franchise agreements; so come to Parrott & Coales to receive the professional advice and support you need.

Come to us before you ‘sign on the dotted line’

At Parrott & Coales, we have a team of experienced franchise solicitors who can assist you at every step of the process. As we deal with hundreds of franchise agreements every year, we will advise you as to whether or not the franchise agreement is compliant with UK law and if it adheres to the code of ethics drawn up by the British Franchise Association (to which Parrott & Coales are affiliated).

A franchise agreement sets out the rights and obligations of both the franchisor and the franchisee and while most contracts keep to a set format (and are not usually negotiable), there are sometimes terms or exclusions that can cause problems later on.

In such cases, we would help you compose a side letter that would be annexed to your agreement and which would be legally enforceable in the event of a dispute between the franchisor and franchisee.

How Parrott & Coales can help

Franchise agreements typically run to 60 pages and contain many obligations and restrictions on the franchisee, some of which can be hard to interpret, so it is important that you understand your legal position. Our experts will advise you on:

  • Franchise start-up costs, including deposits, fees, royalty payments and additional costs such as training and equipment
  • Any restrictions in the agreement about your other business interests
  • Timing of the franchise agreement (subject to bank loans, hiring of suitable premises etc)

Franchise Disputes

Occasionally, things do go wrong and franchisees want to terminate their agreement early. In such cases, our advice is always to seek professional legal advice as soon as possible, so that things can be resolved promptly and at minimum cost. We can advise if:

  • Your franchise business is making a loss and you ‘want out’
  • Your personal circumstances change and you want to sell the franchise on
  • You feel that your franchisor misled you at the beginning

Contact our specialist Sharon Stone today on 01296 318 500.

What our clients say:

Fabulous service, good prompt and clear communication, always willing to meet and discuss issues and these were dealt with promptly - thank you.
pornplaybb.com siteripdownload.com macromastiavideo.com