{"id":10408,"date":"2017-09-01T13:24:37","date_gmt":"2017-09-01T03:54:37","guid":{"rendered":"http:\/\/www.humetaylor.com.au\/?p=10408"},"modified":"2017-09-01T13:24:37","modified_gmt":"2017-09-01T03:54:37","slug":"expanding-your-business-into-a-franchise-what-to-consider","status":"publish","type":"post","link":"https:\/\/www.humetaylor.com.au\/site\/2017\/09\/01\/expanding-your-business-into-a-franchise-what-to-consider\/","title":{"rendered":"Expanding your business into a franchise: what to consider"},"content":{"rendered":"<p>If you have an established business, you may want to consider expanding into a franchise. When done correctly, it can be a very beneficial way of successfully expanding your business.<\/p>\n<p>Under a franchise, one party grants another party the right to use its trademark or trade-name, business systems and processes to produce and market a good or service.<\/p>\n<p>Before considering if franchising your business is a suitable expansion plan, you should:<\/p>\n<ul class=\"list\">\n<li>work closely with your accountant to ensure your business structure suits franchising and, if not, make the required legal or structural changes<\/li>\n<li>establish a Franchise Agreement \u2013 This is crucial in governing the relationship between you and your franchisees as well as protecting your business<\/li>\n<li>ensure compliance with the mandatory Franchising Code of Conduct<\/li>\n<li>ensure all aspects of intellectual property rights are protected.<\/li>\n<\/ul>\n<p>If you are considering expanding your business through the establishment of a franchise, <a title=\"Contact\" href=\"http:\/\/www.humetaylor.com.au\/contact\/\">make an appointment<\/a> with one of the experienced solicitors at Hume Taylor &amp; Co today.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you have an established business, you may want to consider expanding into a franchise. When done correctly, it can be a very beneficial way of successfully expanding your business. Under a franchise, one party grants another party the right to use its trademark or trade-name, business systems and processes to produce and market a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10409,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[122,101],"tags":[],"yst_prominent_words":[],"class_list":["post-10408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company","category-licensing"],"_links":{"self":[{"href":"https:\/\/www.humetaylor.com.au\/site\/wp-json\/wp\/v2\/posts\/10408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.humetaylor.com.au\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.humetaylor.com.au\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.humetaylor.com.au\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.humetaylor.com.au\/site\/wp-json\/wp\/v2\/comments?post=10408"}],"version-history":[{"count":0,"href":"https:\/\/www.humetaylor.com.au\/site\/wp-json\/wp\/v2\/posts\/10408\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.humetaylor.com.au\/site\/wp-json\/wp\/v2\/media\/10409"}],"wp:attachment":[{"href":"https:\/\/www.humetaylor.com.au\/site\/wp-json\/wp\/v2\/media?parent=10408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.humetaylor.com.au\/site\/wp-json\/wp\/v2\/categories?post=10408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.humetaylor.com.au\/site\/wp-json\/wp\/v2\/tags?post=10408"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.humetaylor.com.au\/site\/wp-json\/wp\/v2\/yst_prominent_words?post=10408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}