Finance
2023.08.25
Drafting and Legal Review Consultation for Franchise Restaurant Joint Business Agreement
The client was planning to jointly operate a franchise restaurant with a business partner. In the process, the client requested that a contract be prepared regarding the obligations and duties between the business partners, including the amount of capital contributed and the distribution of profits.
Cha & Kwon Law Offices reflected the client's requests by breaking down the division of labor between each partner, clarifying the internal division of the amount of money contributed by some partners and the amount of money contributed by the new partner, and addressing issues that often arise in joint businesses and that cannot be considered when drafting a contract to reduce the likelihood of future disputes.
Cha & Kwon Law Offices provides advisory services in various fields, including the preparation of joint business agreements for franchise restaurants.