Wolfson Law Professional Corporation
Barristers & Solicitors
2345 Yonge Street, Suite 912
Toronto, ON, Canada M4P 2E5
Franchising provides tangible benefits for both the franchisor and franchisee. The franchisee gets a proven business system, recognizable brand name, lower capital costs and promotion. The franchisor gets rapid expansion with a committed team.
In Ontario legislation has set the rules regarding disclosure of documents and failure to comply with the law can result in serious consequences. The law imposes a duty of fair dealing on the parties.
For long term success, a franchisor’s agreement must ensure a profitable business relationship with the franchisee, affordable dispute resolution mechanisms and quick termination of franchisees in default.
A franchise system must be protected by trade marks, non-disclosure agreements, security documentation, indemnities and guarantees, distribution agreements and other documents.
Franchise law encompasses corporate law, real estate, tax, contracts, distribution and intellectual property.
Each franchise is unique and requires careful consideration and detailed review.
You will not be considered a client of our office until either we receive a monetary & written retainer from you, or we provide you with a written confirmation that you are retained as a client.
Kenneth Wolfson, JD