What are the legalities to consider before buying a franchise business?

Discussion in 'Legal and HR' started by jeanettepaltrow, Jan 30, 2013.

  1. jeanettepaltrow

    jeanettepaltrow
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    I was thinking of investing through franchising but before that I want to understand first the legalities of it. Do any of you know the legalities behind buying a franchise? :)
     
  2. Fergal

    Fergal
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    What country would the franchise business be based in jeanettepaltrow? Is the franchisor in the same country?
     
  3. jeanettepaltrow

    jeanettepaltrow
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    Hello Fergal,

    Thank you for your response. It would have to be in Australia and I prefer the franchisor would be in the same country.

    Best regards.
     
  4. athanmanchee

    athanmanchee
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    I am also planning to start a franchise business in Australia, with my research I get to come into this blog, just wondering if it might help you. franchisebuyerblog.wordpress.com/2013/01/30/10-steps-to-cover-before-buying-a-franchise-business/
    They discuss about the things that you should cover first from due diligence to the franchise documents and franchise agreements. Regardless is this will help, I recommend talking to a franchise lawyer. It's good to get a better understanding about the business' legalities with a lawyer itself.
     
  5. eelizasanchez121

    eelizasanchez121
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    Franchise business have a very good advantage. But you should investigate about the business in which you want to investigate properly. Or else you can also face loss.
     

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