International Franchise Law: the World is Yours
Offered By: University of New South Wales via FutureLearn
Course Description
Overview
We each have a daily connection with franchising. At the international level, franchising is a practical and exciting aspect of global commerce. Countries with vast markets and growing middle classes present opportunities for brands that have reached saturation in their original market. Developing countries too are now creating home-grown, exportable franchised brands.
Gain an introduction to international franchise lawThis free online course will introduce you to international franchise law and will enhance your skills in assessing the viability of franchising a business internationally. Since World War 2 business format franchising has grown exponentially and is now entrenched as a trusted business model. But, what many would believe to be a simple business arrangement is anything but that.
This introductory course looks at the law behind questions such as:
- How do franchisors keep their brand image consistent across all countries?
- What due diligence do franchisors need to conduct?
- How do franchisors conduct legal due diligence?
- How are international franchising disputes resolved?
- What’s the future of business format franchising?
The course uses a video-based case study approach which explores real world issues through the experience of Michelle and Brian - a Sydney couple who are dreaming of expanding their boat cleaning business. Through the case study we present a real situation encountered by a business in order to draw out the issues and challenges in setting up and then expanding a franchise.
Explore the cultural and legal aspects of franchisingWe will introduce you to the cultural and legal aspects of franchise relationships and will lead you through some of the laws that have developed, globally, to support business format franchising. In particular, we will explore aspects of franchise agreements, due diligence, franchise disclosure laws, intellectual property laws, relationship laws, dispute resolution, competition law, tax law, and the future of franchising.
By the end of this course, you will be able to:
- Assess the expansion-readiness of a franchised business for overseas jurisdictions
- Recognise the role of legal advisers in the business decision to expand a franchise to a new country
- Identify the key legal issues that affect franchisors expanding internationally
- Identify and research the laws relevant to franchising in international jurisdictions
- Understand the methods available to resolve franchise disputes
- Examine the potential future application of the franchise model through social franchising and micro franchising.
This course is suitable for undergraduates, postgraduates, financiers and entrepreneurs.
Existing and prospective franchisors or business owners and their professional advisers from around the world who are either serious or curious about exploring the idea of internationalizing their business and who want to know more about franchising are welcome. Potential research collaborators are always welcome.
If this doesn’t describe you, don’t worry – even if you’re just curious about franchising, you are welcome too.
Taught by
Jenny Buchan
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