Rapid growth in the Nigerian economy coupled with high level of developments has led international organisations to show interest in investing in Nigeria by expanding their business through brand franchising.
At IPI Watch Services, we understand that brand franchising does not constitute an authority to register the brand in the licensee’s name that is why we offer legal advice on pre-and post contractual engagement terms to ensure brand owners are protected locally.
Before an agreement is reached with a local company wishing to obtain a franchise, we can assist in conducting due diligence on the local company to ensure that the information and infrastructural facilities provided the franchisor are consistent with the standard requirement of the franchisor.
Where an agreement has been reached with a local company, we are able to assist with obtention of the various local regulatory approvals that must be obtained before a successful start up. We also prepare the license agreements and file same with appropriate authorities.