Buying a franchise is an increasingly popular option for many people looking to find a way into business without the burden, risks and insecurity of starting a new operation completely from scratch. A franchise typically offers the benefits of working as your own boss with the support of an established and proven brand, business model and system. This assists you to establish your business quickly with a reasonable indication of how much you will earn.
For many first time franchisees it will be the most significant investment of their lives and the right franchise for you should be researched fully and considered carefully before you make your commitment. As part of that research, every franchisee should undertake a full vetting service from an adviser who specialises in franchising. We have advised hundreds of franchisees on their investment which, together with our network of franchised specialists, includes:
A full franchise agreement review to ensure that the contract you are signing is fair and reasonable and protects your investment.
A due diligence package which includes review of the disclosure material for BFA compliance and a risk audit of the Franchisor’s Business.
A business planning review service to ensure the accuracy of the financial projections upon which you are basing your investment.
A business start up package including company set up and HMRC registrations.
Ongoing first year support including accounting based services and monthly legal advice helpline.
We are happy to advise franchisees on all aspects of franchise law with respect to franchise reviews, franchise agreements and any franchise disputes that you may be affected by.
If you are a first time franchisee and are looking specifically at retail franchise opportunities then you might find this article from our Managing Director and leading franchise lawyer Andrew Pena useful:
Cubism Law are experts in all aspects of franchising and our practice led by Andrew Pena was recently voted the Franchise Law Firm of the Year 2011 by Finance Monthly Magazine.
If you are about to enter into a Franchise and would like some expert professional advice before you do so, please give us a call on 0207 831 0101 for our free factsheet on “Assessing a Franchise Opportunity”. Our professional help and support can ensure that you invest with confidence.
Judged to be 'UK Franchise Firm of the Year 2011'.
Cubism Law is proud to be a BFA Affiliate Member
“Andrew Pena is a force to be reckoned with. He is managing director of Cubism Law and has amassed a great deal of experience in franchising disputes, having handled more than 1,000 cases over the past decade.”
Chambers & Partners
“At commercial law boutique Cubism Law, Andrew Pena and associate Robert Bedford act in a range of high-value and complex franchise disputes.”
Legal 500 - 2013 Edition
"The team at Cubism Law has been involved with a number of high-profile cases recently, and continues to attract praise from clients and peers. Clients note that the team has “a genuine ability to listen and analyse the issues,” and that it “helps the client to understand the process.” Sources also feel the team shows “a clear and substantial knowledge of dealing with franchise matters from both a franchisor and franchisee perspective.”
The team recently acted for Elsada Doyley in a landmark case against the Papa John's pizza franchise, and for Thomas Brown Estates with regards to a disputed rebranding of franchisee-owned outlets.
Andrew Pena leads the franchise law practice and is held in high regard by market sources. Commentators describe him as a “formidable tactician” who is “experienced and knowledgeable in franchising.”
Robert Bedford has expertise in advising on commercial disputes centred around franchising and licensing. Sources say that he “follows up on issues promptly. He is constructive and seeks clarification” to ensure the best for clients.
Chambers & Partners 2013
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