Monthly Archives: February 2023

Things to consider when taking on a franchise business

Franchises can provide great opportunities to own your own business, with the benefit of support and guidance being provided by an established brand. In this note, Ben Ironmonger takes a look at some of the key points you should consider before making the decision to invest in a franchise. If you are considering taking on a franchise, the commercial team at Scott Bailey LLP can help. Our commercial lawyers in Hampshire, can review your proposed franchise agreement and advise you of the pros and cons, as well as being able to negotiate with the franchisor on your behalf should you wish. Our business solicitors offer fixed fees for contract reviews so that you have the benefit of knowing the extent of your fees before we put pen to paper. Should your franchise require offices, shops, warehouses or other premises, our … Continue reading

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Succession planning guide for business owners

What does the future of your business look like? As a business owner, it’s something you probably think about often. Whether you have a successor in mind or intend to find a buyer when the time comes, having a plan will ensure the best possible outcome for you and your business. Our business succession planning guide provides easy-to-follow steps covering everything from putting a plan together to eventually handing over the reins. Download our business succession planning guide When should you create a succession plan? If you’re thinking about retiring from your business, the sooner you get your succession plan in place, the better. Implementing a succession plan isn’t something you want to rush, especially if you’re intending to hand over ownership to a family member, friend or valued employee. Getting a plan in place early means you can gradually … Continue reading

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