Isn't the franchise agreement standard? Why obtain legal advice.

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Warren Scott is the Partner at Mills Oakley Lawyers. Warren is a recognised expert in franchising law. He heads the Mills Oakley franchising team, which offers a premium service nationally. Warren advises both franchisors and franchisees about franchise strategy, documentation and disputes. His clients are businesses considering starting a franchise network, large national franchisors, master franchisees and franchisees.

Isn't the franchise agreement standard? Why obtain legal advice.

No. There is no such thing as a standard franchise agreement. Each franchise system has its own current standard franchise agreement but franchise agreements vary dramatically from business to business. It is important to obtain legal advice to ensure that you undertand your obligations under the agreement and the limitations that come from operating in franchise environment. In some cases it is appropriate to request amendments or clarifications to the franchise agreement. By way of example, some franchise agreements allow the the franchisor to terminate on 30 days notice. If you are required to undertake substantial upfront expenditure (such as a store fitout) you would be concerned about that that provision.

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