Welcome back to The Deal Room Podcast! In this special replay episode, we dive deep into some of the key differences you need to know when considering acquiring a franchise vs standard business. Our guest, Nicole Segal, Special Counsel at Aspect Legal and absolute guru on working with Franchisees and Franchisors, joins host Joanna Oakey to provide her invaluable insights on what happens in the world of Franchising Deal Rooms.
Nicole and Joanna explore the essential distinctions between buying a franchise and a standard business, shed light on the advantages of each approach to acquiring a business. They delve into the crucial components of a franchise agreement that a buyer should be aware of, and how to ensure you’re well-informed before making any decisions. Additionally, they touch on the Franchising Code of Conduct, with a special focus on some of the more recent changes that could impact your business strategies.
If you’re considering investing in a franchise or a standard business, this episode is a must-listen. Tune in for expert guidance from Nicole and Joanna, as they equip you with the knowledge you need to make informed choices in the dynamic world of business acquisition.
Episode Highlights:
- What do you need to know about acquiring a franchise vs a standard business acquisition
- Critical parts of a Franchise Agreement for a buyer to understand
- Examples of clauses that are deal killers
- Key benefits of acquiring a franchise
- What is the Franchising Code of Conduct
- Code of Conduct Changes
- Final takeaways
Connect with Nicole Segal
Speak to Nicole or our other Legal Eagles!
Relevant Episodes
[EP 229] Acquiring a franchise vs standard business? – key differences you need to know
[EP 156] The top legal tips in selling a franchise
[EP 152] The top legal tips when buying a franchise
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iTunes: https://podcasts.apple.com/au/podcast/the-deal-room/id1267098895
Our Business Sales and Growth by Acquisitions Services
Aspect Legal has a number of great services that help businesses prepare for a sale or acquisition to help them prepare in advance and to get transaction ready. And we’ve also got a range of services to help guide businesses through the sale and acquisition process.
We work with clients both big and small and have different types of services depending on size and complexity. We provide a free consultation to discuss your proposed sale or acquisition – so see our show notes on how to book a time to speak with us, or head over to our website at Aspectlegal.com.au
Disclaimer: The material contained on this website is provided for general information purposes only and does not constitute legal advice. You should not depend upon any information appearing on this website without seeking legal advice. We do not guarantee that the contents of this website will be accurate, complete or up-to-date. Liability limited by a scheme approved under Professional Standards Legislation
