Ask a Law Question, Get an Answer ASAP!
Thanks for your question. I am a solicitor in Scotland. A franchise is generally for a situation where someone is allowed to operate a business under a particular banner and the owner of the franchise retains the rights to the banner and products and also takes training and other fees from the franchisee. If this is a single product that your friend is prepared to let you manufacture and sell then what you could do, which is easier, is take a licence from him to cover a particular area. So you have exclusive rights to exploit the product under licence from him as the owner of the product or invention. You would seek speciality advice from an intellectual property lawyer or from a Patent Attorney such as Murgitroyd. I hope that helps. Please leave a positive rating so that I am credited for my time.