Business & Commercial Law FAQ - Cost indication for creation of documents to start franchise?
Date: March 03, 2011
Q. I wish to set up my own franchise and I need an indication of the cost to draft the necessary documents required by law?
A. Professional costs depend upon the type of franchise involved with franchise agreements in some cases being fairly short – to approximately 40 pages and in other cases fairly long - to 300 pages. Most franchise’s professional fees will fall somewhere between $4,000 - $10,000 plus GST as we are not talking about just one but sometimes as many as five or six documents all which play an important part in the franchise operation and which are prescribed by law.
