Intellectual Property
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What is the difference between Franchising and Licensing?
Many people tend to use the terms Franchising and Licensing interchangeably but they are quite different for several reasons. Often people think licensing has all the advantages of franchising but without the cost or regulation, but this is not corr...
Foreign Investors purchasing a business in Australia
As with foreign property purchases, business purchases will require prior approval by the treasurer to ensure that the purchase is not contrary to Australia’s national interest. Approval will be subject to the treasurer discretion in making sure inve...
What steps to take when selling your franchise
When you’ve made the decision to sell your franchise, there are several important steps to take so that you get the price you want and the transaction runs smoothly.(1) First things first, read the franchise agreement and get a good understanding of...
Due Diligence when buying a business
There are many things you need to consider when buying an established business. Here is a list to get you started:• Financial records of the company such as the income statements, records of accounts receivable and payable, and cash deposit, along w...
10 things to watch in the Disclosure Document
So you’re keen on a franchise and have started the application process and engaged a franchising lawyer to review everything, but what should you be looking for in the Disclosure Document? Let’s look at the top 10 things to watch for:(1) Franchisor’...
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