The options range from setting up a limited company, partnership or LLP to be used as the vehicle for the project, to the simplest form of joint venture, being a contractual agreement that sets out the rights and duties of the parties to the venture, without the need to set up and administer a separate business.
There are a number of factors that might influence the joint venture structure that you choose and our team will work with you to ensure that the result achieves your underlying commercial objectives. Where necessary we will work with your other advisors such as your accountant or tax advisor to make sure you are getting a full holistic approach to your joint venture covering legal, tax and accounting aspects amongst others.
Our solicitors advise joint venture businesses within a variety of industry sectors and you can trust us to deliver documentation that protects your interests and minimises the risks as far as possible whilst being drafted in a commercial and sensible manner in order to preserve the goodwill and working relationships with your joint venture partners.
The Commercial team at Gorvins has considerable experience with joint venture projects and will provide straight-forward and informed advice at every stage of your transaction.
Alternatively, if you are considering joining a franchise business, or considering whether to provide services under an outsourcing contract we can advise on the risks and liabilities involved in entering into such an arrangement.
The key component of any franchise business is the license (or franchise agreement) granted to the franchisee, allowing the franchisee to trade as their own business under the brand of the franchisor, following a proven business model. At Gorvins we provide services for franchise businesses in a variety of sectors, including:
• Working with businesses to implement a franchising structure
• Drafting and reviewing franchise agreements
• Advising on any regulatory matters
• The transfer, acquisition and disposal of franchise businesses
Outsourcing is a term used to describe the transfer of the operational responsibility for the provision of a business function, or service, to a third party. Our solicitors have experience in advising on the key considerations when preparing or negotiating an outsourcing contract; including key terms regarding pricing structure, agreeing on service levels, duration and termination provisions. Our team will also work with your business to assess whether there may be any implications for employees that will be engaged in the activity that is being outsourced under the provisions of the Transfer of Undertakings (Protection of Employment) Regulations 2006 (TUPE).
For more information or to discuss your commercial enquiry, contact us on 0161 930 5151, e-mail email@example.com or complete the online form on the right and we will call you back at a time convenient for you.
Senior Partner & Head of Corporate & CommercialCommercial
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