Franchise Agreement ServicesHow the service works
Invariably, the franchise agreement will be in standard form and not subject to negotiation which is entirely normal to ensure that all franchisees are operating under the same document. The legal review should not be perceived as an obstacle in terms of complexity, time and cost but it is vital that franchisees understand the rights and liabilities which they are taking on. Nina will provide a comprehensive written report outlining the key provisions of the agreement and highlighting anything which is unusual or, just as important, what may be missing, together with areas for clarification with the franchisor.
The report usually takes up to 5 working days to complete but Nina will aim to work within a shorter time frame if required. The fee includes any follow up calls and emails if necessary (within reason!).
Reports by franchise solicitors on franchise agreements are undertaken at a highly competitive fixed rate of £395 plus VAT. Nina is nominated by the franchise units of the major banks to offer a reduced fee arrangement to their current or prospective customers at £395 including VAT for HSBC customers through their Fixed Fee Vetting Scheme, £410 including VAT for NatWest customers and £444 including VAT for Lloyds customers through their Franchise Agreement Review Service. Nina is the only solicitor to offer this service through these leading franchise banks.