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Franchising

June 26 2018
Vicky Reinhardt Don't forget to renew those vows – the franchise marriage

United Kingdom - Fieldfisher LLP

Franchise relationships are rarely life-long commitments; most will be for a fixed term with a right to renew. The renewal process provides an opportunity for both parties to re-assess and recalibrate the relationship, as well as to settle any issues before either renewing their vows or deciding to go their separate ways. This all makes good commercial and legal sense; however, it is surprisingly common that the renewal process is not always followed.

Authors: Vicky Reinhardt, Gordon Drakes
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