Franchise Documents Review

Reviewing your Franchise Agreement

A Franchise Agreement is an agreement signed between the franchisor and the franchisee containing detailed information about the franchise opportunity that one may be investing in. The franchise agreement contains the complete terms and conditions of the operation of the franchise, the operating procedures as well as restrictive covenants that become operative on the termination of the agreement.

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    Fit Solutions

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HOW DOES IT WORK ?

HOW DOES IT WORK ?

Step 1

We collect and verify the supporting documents & forms required for Franchise Documents Review

01

Step 2

Our Franchise Documents Review experts draft and prepare the required supporting documents

02

Step 3

We take care of your filing or We take care of your Franchise Documents Review

03

WHY CHOOSE LEGALO ?

Quick Turnarounds

Have access to a wide range of quality services at reasonable and competitive prices

Value For Money

We understand Time is the most valuable resource and are flexible and responsive to your requirements

Expert Professionals

We cater to a wide range of services across legal, CA, CS and consulting and bring to the table the most relevant and experienced professional to provide the right solution.

Custom Fit Solutions

We provide customized solutions to meet your unique requirements.

FREQUENTLY ASKED QUESTIONS ?

  • Legalo is a platform to help you connect with the best professionals, legal experts & financial experts to deliver efficient and cost-effective solutions to your business and personal needs.
  • We help create business contracts & other documentation such as Memorandum of understanding, Franchise Agreement, Joint Venture Agreement, Hiring Documentation, Employment Contract, Consultancy Agreement, Freelancer Agreement , including serve legal agreement, Vendor agreements & More.
  • A trademark public search is made in the Indian Trademark Registry database. The search determines whether a proposed trademark is available for use in connection with certain goods or services
  • Yes, GST applies to all service providers, traders, and manufacturers. It is applicable to dealers, bloggers and content writers, earnings from Google through PayPal, import-export businesses, all types of startups companies and organizations whether they are LLPs, proprietorships, partnerships, or private limited companies. Legalo provides assistance in GST registration, GST Filing & GST advisory Services.
  • Legalo offers both Labour compliance & Corporate Compliance solutions, Following are the list of labour compliance solutions. a) Provident Fund Registration b) ESI Registration c) Professional tax Registration d) Shops & Establishment LIcense e) Employee Stock option plan
  • We offer solutions right from Franchise documents review to legal/ financial solutions around buying & selling the franchise. Check out the links for more information.
  • Legalo offers the following solutions Shareholders Agreement : A legal document among a company's shareholders that describes how the company should be operated and outlines shareholders' rights and obligations Company registration: Registration of private Limited Company, LLP, Proprietorship etc. Business terms & Conditions: Business terms and conditions set the contract foundation between you and your customer. . Discretionary trust -An arrangement that gives trustees flexibility and control over how best to use the trust assets for the benefit of the beneficiaries Business Taxes: Accounting & Bookkeeping, Payroll, TDS Filing, Income Tax filing etc.
  • Legalo Connect you with the best industry experts to deliver efficient and cost effective, tailor-made solutions. We also understand that time is the most valuable resource and we offer solutions with a very quick turnaround time.
  • Legalo offers a wide range of services from business, Accounting & Tax to Legal Solutions such as business structuring, company registration, Company licensing, intellectual property, trademark, copyrights registration, Patent Filing, GST & TDS registration/ Filing, Accounting Services, Corporate & labour Compliance , Franchising, Business sale & purchase, Personal/Civil/Property / criminal related legal services & more.
  • We help draft the following A ) Terms of service & Privacy Policies B) Disclaimers C) Joint Venture Agreements d) Data Protection Regulation Policies e) Non- Disclosure Agreements.

FREQUENTLY ASKED QUESTIONS ?

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LEGAL BITS YOU SHOULD KNOW

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Why reviewing the agreement is important?

A franchise agreement is usually a standard form of contract with the 'take-it-or-leave-it' conditions. The covenants in the franchise agreement play a crucial role in determining the interests of both parties. Review of these covenants and other terms and conditions in a franchise agreement helps a potential franchisee or dealer to gain vital knowledge of the legal obligations drafted in the said agreement.

If a franchisee is not able to understand and comprehend the franchise agreement, then that may be used by the franchisor to their advantage. This can result in the form of undue termination of contract or enforcement of post-term restrictive covenants that will prevent the franchisee from continuing to engage in further similar business after termination.

How to apply?

Elements of the Franchise Agreement:

The following elements are to be taken into consideration while reviewing the franchise agreement:

  1. Duration of the agreement: The duration of the Franchise Agreement determines the period for which the franchise relationship will remain operative. Usually, the franchise agreement continues for a period of 5 to 10 years and gets renewed if the relationship between the parties remains harmonious.
  2. Business operation: This part of the franchise agreement includes information regarding the level of support that will be provided by the franchisor. It contains information regarding the procurement of goods and services, maintaining the standard of operation, account management, etc.
  3. Site selection: The franchisee agreement contains complete information regarding the site where the franchisee will conduct his/her business.
  4. Training and Support: The franchisee agreement contains covenants regarding the training and support to be provided by the franchisor to the franchisee. These pieces of training are provided before the opening of the franchisee business. The agreement also mandates stipulations on conditions  &  future changes in case of any changes in operation
  5. Use of intellectual property: The intellectual properties such as Trade Marks, patents, and copyright are valuable properties of the franchisor company. The agreement involves covenants regarding the rights of the franchisee to use the intellectual property of the Franchisor.
  6. Franchise Territory: The franchise agreement contains the territories in which the franchisee operates his/her business. The purpose behind the demarcation of territories is to avoid too much competition in a single area.
  7. Advertising marketing: The Franchisor pays the expenses towards the advertisement of the brand. The franchise agreement contains covenants as to the fees to be paid by the franchisee towards the advertisement expenses.

Key Requirements

To be updated in Future

How can Legalo help you?

Our firm is there to help you sort the documents or undertake a review. Our partners & associates bring years of experience to the table to help you navigate and deliver these works. Our company can customize a program to meet your specific needs and budget. Contact us here to see how we can help you.

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