What are the legal risks associated with improper disclosure in franchising?

Jan 23, 2024 ... But business owners are seldom given advice on the differences between the two. Quite often they find themselves steered in one direction, ... Attorneys in the franchise law practice group can provide counsel and representation in the following areas: purchase and sale of franchise businesses. There is often confusion between licensing a brand and franchising a business, so I will try my best to distinguish between the two. A licensing agreement ... 1. What is the difference between licensing and franchising? Licensing is the right to use someone's intellectual property. Franchising, conversely, is the ... Feb 10, 2025 ... However, the difference between Licensing and Franchising lies in their scope, control, and level of commitment. Licensing provides flexibility ... Mar 21, 2023 ... In summary, while all three models involve a relationship between two or more parties, the main differences lie in the type of intellectual ... The main difference between a franchise agreement and a license agreement is that a franchisee can use the franchisor's trademark and comply with brand ... Jun 15, 2021 ... The first difference is in the business model. Franchising only deals with the provision of a service, while licensing can be for both services ... Feb 28, 2023 ... Licensing is more flexible and less expensive but provides less support and limited growth potential for licensees and less control for ... Contract laws between parties. Franchise Act 1998. Joint Venture Agreement. Registration. Not necessary. Mandatory. -. *IP = Intellectual Property. Page 3 ...