Legal Advice and Drafting for Running, Buying or Selling Businesses
Franchise Agreements
Are you thinking of buying into a franchise or franchising your existing business? Would you like the benefit of good legal advice without the fear of expensive, mounting legal costs?
Franchise Agreements are complex, and quite different from many other forms of business contract.
For Franchisees:
If you are considering becoming a franchisee, and buying into a franchise, are you willing to take that financial risk without gaining legal advice on what you are signing yourself up to? There is no need to, as we provide time and advice to guide you and place you in an informed position to make your decision. We charge a fixed fee and so can provide you with the time and guidance you need without a clock running up an expensive legal bill.
If you are the sort of business person who would like to know as much as possible about a deal, before entering into it, we are looking to assist you. We seek to advise sensible and cautious people who are potential franchisees. We will explain your rights and obligations under the franchise contract. Then, you can make your financial decisions based on a firmer understanding of what the contract is binding you to do as a franchisee.
Our advice is tailored to the many potential franchisees who don't want to take a leap in the dark but who cannot afford huge legal costs for advice on a franchise agreement.
Our niche is to advise potential franchisees at a fixed cost of £1000 for a contract of up to 20 pages. For longer contracts we offer similar competitive rates for our advice.
For Franchisors:
From our experience, franchisors want to retain a good relationship with their franchisees. They want an agreement that looks after their own interests and makes the franchisee feel valued and incentivized to make the business grow. Franchises vary hugely in their nature. Drafting the right agreement requires detailed consultation with the client. Through this careful method, the final draft is created to fit the particular needs of the franchisor and their business.
At Morton Consulting Law we understand that this process is traditionally very expensive. When charged for by the hour, legal fees can mount up and good franchise agreements routinely cost a lot of money. Our business was set up to provide great service without unnecessary expense, so we keep our overheads to a minimum and pass on the savings to our clients.
We offer a fixed price for each franchise agreement we draft. This allows us to draft an agreement for £1,600.
We advise potential franchisors at a fixed cost of £1000 for a contract of up to 20 pages. For longer contracts we offer similar competitive rates for our advice.