In the context of franchising, there are a few different licence arrangements that are created and entered. Most commonly licences are used in regard to the use of Intellectual Property (IP) and distribution agreements with suppliers. For the purposes of this article, the discussion is limited to IP licence arrangements, where it is noted that recent legal updates need to be considered so that you don’t end up in a situation where your licence is more of a hindrance to your business, as opposed to a protection.