FRANCHISE

Franchise is one of time-tested business models based on the assignment of the rights for a royalty fee for a certain or unlimited period of time. Such a business model may be beneficial to both a franchisor and franchisee. The franchisor may use an opportunity to expand its business more rapidly and successfully in certain jurisdictions, whereas the franchisee is offered new opportunities to use business concept, philosophy, training and, most importantly, recognised trademark. Thus, under the current market conditions franchise is becoming a more attractive business model to foreign investors as it facilitates their entrance onto new markets and strengthens their trading positions. In any case the secret of franchising success lies in close cooperation between the franchisor and franchisee as well as in prompt organisation of their activities. Therefore, in order to help our clients optimise their business we counsel them on matters of commercial law with respect to all aspects of franchise agreements. Both the franchisor and franchisee may use our services.

We offer the following services to our clients:

• Counselling on matters related to selecting franchise
• Counselling on trademarks, copyright, patents, licenses and design
• Representing clients in negotiations over franchise
• Due diligence/audits
• Preparing business plans and strategies
• Drafting franchise and related agreements
• Drafting agreements on the use of software, confidentiality agreements, etc.
• Coordinating franchise implementation