How to recognise a poor contract

Here are some things to look out for and avoid:

 

Contracts that are vague or ambiguous, or missing key issues that should be addressed

 

Why is this a problem?

A contract like this allows each party to form a different view of what they think should happen – and this leads to expensive and wasteful disputes

 

MIA’s Solution:

MIA Franchise Lawyers develop Franchise Agreements that are clear and predictable

 

Contracts that are too detailed and demanding

Why is this a problem?

This can make it difficult to find franchisees and prolongs and complicates the negotiation process

MIA’s Solution:

Our Franchise Agreements are succinct and flexible