Many people dream of starting their own business from scratch, but are concerned about certain risks involved with that. For some, getting their business started has had a large element of risk removed. They have no great business secret - they’ve bought a franchise.
Many businesses dream of expanding but don’t have the capital or the people within their own organisation. For them, franchising can be a great way of achieving the potential for growth for their business.
Franchises are not for everyone and the creation of a good franchise relationship is a two way process. Not only do prospective franchisees need to fit the ethos of the franchise they are buying, but franchisors also want to ensure that their brand name and network are protected by suitable franchisees.
how we’re different:
Ranked by Chambers’ Guide to the Legal Profession as “number one in Scotland” and as a practice which “clearly knows its way around the industry”, WJM’s franchise team has a lot of expertise in advising franchisors and franchisees.
The experience of our specialist team includes:
- franchise business development
- franchise agreements
- area development and master franchises
- resolution of franchise disputes
- sales and acquisitions of franchise businesses
- confidentiality agreements
- pre-purchase agreements
- due diligence for both franchisors and franchisees
WJM acts for franchising clients (both franchisees and franchisors) across the UK and beyond.
WJM was one of the first legal firms in Scotland to become affiliated to the British Franchise Association as professional franchising advisor.
We have many years of experience in franchising, and our lawyers are straightforward, straight-talking advisors.
WJM’s franchising team has recently acted in franchising deals featuring (amongst others) Auditel, Autoshine, Bathstore, Carewatch, Century 21, The Ceramic Experience, Curves, Dominos, Downland Marketing, Driveway Doctor, DRM Driver Training, Energie Fitness, Gymboree Play and Music, The Ink Shop, Jani King, Mail Boxes Etc, Minuteman Press, O2, Pizza Hut, Platinum Limo, Pirtek, Printing.com, Puccino’s, RE/MAX, Signs Express, Subway, Swisher, The Alternative Board, and Toni & Guy - to name but a few!
Download more information on Franchising:
Franchising - What you need to know