Considering starting or buying a franchise in South Africa? Here's everything you need to know.
Franchising is a business model which allows the owner of a business system (the franchisor) to expand the business through the buy-in of individuals (franchisees). The franchisor gives the franchisee the right to run a business selling a product or providing a service using the franchisor's business system. The franchisee benefits from buying into a business with an established brand name and system.
We assist both franchisors and franchisees with the wide range of legal functions they commonly face, including:
Creation of franchises and structuring of companies generally;
Drafting and negotiation of franchise agreements and disclosure documents, and litigation on breached agreements;
Advising on disputes, compliance and Consumer Protection Act matters;
Compliance with Franchise Regulations;
Labour law and contractual matters; and
Trademarking of brand names, logos and slogans.
If you're considering starting or buying into a franchise, read more below or call us for advice.