In this article we’ve set out some initial considerations on starting a franchise business and whether it is the right option for you and your business.
The team at ASCO Legal has a wealth of experience acting for both franchisors and franchisees. Alistair and the team at ASCO Legal have many years’ experience acting for clients in both New Zealand and overseas. They have been involved in drafting the Code of Practice for the Franchise Association of New Zealand Inc. which is the industry standard. In addition, ASCO Legal is also the author of the franchising precedents for a market leader which is used by lawyers nationwide.
Read more below about whether or not franchising your business might be right for you...
Certain provisions of the Fair Trading Amendment Act, 2021, amending the Fair Trading Act, 1986 are to come into effect on 16 August 2022. One of the amendments which has potentially far reaching effects is the power given to Courts to find terms in a “standard form small trade contracts” as unfair. If a term is found to be unfair, it prevents the inclusion of the term and it cannot be applied, enforced or relied on.
Read on to find out what this all means, and how it might impact you and your business...
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The information posted on this website is prepared for a general audience, without investigation into the facts of any particular case. This information is no substitute for legal advice and does not create a lawyer-client relationship; you are advised to consult with a lawyer on any legal issue.