There are many great franchise opportunities out there and if you’ve found one you’re interested then it’s important to find a reputable franchise lawyer. Franchise agreements and how these work with other contracts such as your shop lease can be complex. Make sure you do your research and get advice from an experienced franchise lawyer to ensure you know what you are entering into. Platinum Lawyers in Sydney have extensive knowledge in the franchising area and can help you make an informed decision. Here are 4 reasons why you should use a franchise lawyer in Sydney.
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We Are Concerned with Your Interests
If the franchise you are purchasing in Sydney is from a renowned franchiser you may think the agreement will be fine. You may also find it reassuring if they have a large number of franchisees and presume that the agreement is no cause for concern. However, regardless of the reputation or size of the franchiser the franchise agreement could contain anything. Just because many others have signed the contract doesn’t mean you should simply sign it without really knowing what’s involved. It’s important that you understand and accept what you are signing. This is where a franchise solicitor comes in handy. We are valuable to your investment as we can read through and explain everything to you so you know exactly what you’re in for.
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All Angles Are Covered
If you’ve had a read through the agreement and it looks straightforward and self-explanatory you might consider skipping using the services of franchise lawyers in Sydney. However, sometimes it’s what has been left out of the agreement that can be a problem. A franchise solicitor can provide legal advice to help you avoid making mistakes with your investment. What may look innocent enough to you in a contract may be interpreted differently legally and it’s advisable to seek professional advice.
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Make an Informed decision
The franchiser may have already informed you that they won’t make any changes to the agreement so you may be reluctant to hire a franchise solicitor in Sydney. However, whilst most franchisers are generally unwilling to make alterations it’s not universally true. Regardless of whether they will make changes or not you should understand what you’re signing. Making this type of investment is a big decision and you should be as informed as possible. A professional franchise lawyer can help ensure you are making an educated decision.
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Experience with Franchise Law
You may already have a lawyer and get them to take a look. However, if they’re not experienced in franchise law this is a pointless exercise which will still cost you in their legal fees. Use a franchise lawyer in Sydney as franchise law is a unique area. A solicitor that specializes in this area will know exactly what should be included in the agreement as well as what shouldn’t. We can also advise you what is reasonable to expect and what is unreasonable so that you can make an informed decision.
Using a lawyer experienced in franchising is essential to make an informed choice when looking at entering into an agreement with a franchiser. This area of the law is complex and seeking legal advice is important no matter how big or reputable the franchiser is. A franchise solicitor will look at what’s been put in the agreement and what’s been left out. You should choose a reputable and experienced franchise lawyer such as Platinum Lawyers in Sydney.
