Business licenses, assignment of trademark or trade name permitting another to sell a product or services under that name or mark. In a general franchise agreement, the franchisor, who lends his trademark or trade name (or other intellectual property rights) and the business system, use of technology, etc. The franchisee, who pays a royalty and ofter an initial fee for the right to do business under the franchisor’s name and business system. As a business model, franchising is becoming especially widespread in Indian metropolitan areas. It has gained a firm foothold since the government started loosening financial regulations in the early 1990s to encourage a free-market economy.
The firm has broad industry expertise practices in the area of Franchisee & Distribution provide services in various aspects of it which includes:
- Drafting MOU and Franchise Agreements
- Tax liabilities and Registration
- Letter of Intents
- Licensing and Business Registration
- Consumer Protection and Liability
- Insurance, Property and Tax
- Trademark Licensing Agreement
- Character Merchandising Agreement
- Distributor / Marketing arrangement Agreement