franchise agreement

Franchising Aspects

Negotiating franchise agreement

Ramanjit Kaur Sep 29 2017 - 3 min read

After signing the franchise agreement, a franchisee is bound to follow the set policies and meet the specified obligations and responsibilities. If you have already made up your mind to take up a franchise business, it is advisable to get an experienced legal representative for yourself who would help you all the way long. As ...

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Advisory

How to part ways with a shake hand

Gowree Gokhale, Huzefa Tavawalla & Aarushi Jain Sep 29 2017 - 7 min read

Liberalization of the Indian economy has attracted many foreign franchisees to India, as a part of their expansion strategy. Pizza hut, Subway, and fashion retail brands like Mango are some such international names. Simultaneously, indigenous home grown brands such as Jumbo Vada Pav, Reliance Fresh, Metro, Archie’s, Pantaloons etc have also benefitted, both in terms ...

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Franchising Aspects

Fab five success strategies for retail franchising

Dr S P Parashar Sep 29 2017 - 5 min read

The Chapter five of the Finance Act 1999 defines a ‘franchise’ as an agreement by which the franchisee is granted representational right to sell or manufacture goods or to provide service or undertake any process identified with the franchisor, whether or not a trademark, service mark, trade name or logo or any such symbol, as ...

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Franchising Aspects

Perfect partners develop profitable franchise

Abha Garyali Sep 29 2017 - 4 min read

Every aspirant dreams of having a flourishing franchise outlet with a lot of profits pouring in. Similarly, each business owner while taking the franchise route imagines himself becoming a successful franchisor with a big network of successful franchisees. Nevertheless this dream will merely remain a dream if franchisor and franchisees do not enjoy strong, trouble ...

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Advisory

Cautiously parting ways with franchisee

Namita Bhagat Sep 29 2017 - 5 min read

The Indian laws permit any agreement between private parties to be terminated whether the nature of the agreement is terminable or interminable nature? The point of consideration here is when the agreement is terminated abruptly without conveying any rationale for doing so by either party the defaulter is liable to pay compensation for unlawful termination.Franchisor’s ...

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