If your company is interested in expanding in Colombia without the hassle and expense of establishing multiple subsidiaries in different foreign jurisdictions you should consider franchising your business. A franchise agreement allows you to increase your global footprint while giving your company greater control over how your products or services are marketed and sold in local markets.
Langon specializes in drafting and negotiating franchise agreements. We handle all aspects of the transaction including:
- •fees and commissions;
- •intellectual property transfer and licensing;
- •sublicensing and assignment;
- •best practices provisions;
- •financial reporting;
- •franchisee training;
- •confidentiality; and
- •dispute resolution mechanisms.