Remedies if the franchise affair must end
A franchise relationship should be capable of withstanding the test of time. Indeed, the lack of failure among franchisees, as highlighted by the NatWest/BFA survey, is one of the strongest selling...
View ArticleMake sure your business plan packs a winning punch
Businesses have faced unparalleled challenges over the last few years, but with the UK moving out of recession now is the time for people to capitalise on opportunities for growth. It is clear that...
View ArticleRole of disclosure in reducing risk for both parties
Risk management by franchisors is an essential part of their international strategy and roll-out process. Those who fail to identify, reduce, and then manage the remaining risk do so at their peril....
View ArticleProjections: fact or fiction
Everyone going into business will sooner or later need to get to grips with the figures. With franchising you should be looking at a tried and tested business format, so you should be provided with...
View ArticleSample franchise contract
This sample agreement is for illustrative purposes only and must not be used by any party seeking to franchise their business without taking the author’s prior advice. See also master franchise...
View ArticleFranchise contract – the rights and obligations
The franchise contract is the document in which the whole transaction is drawn together. It must accurately reflect the promises made and it must be fair, while at the same time ensuring that there are...
View ArticleStandards set by the British Franchise Association
It is a truism that the majority of franchisors that are able to join the BFA do so. The many benefits range from ongoing exposure to best practice and developments in the industry to being counted...
View ArticleHow franchising works: the two sides of the story
Business-format franchising, according to the British Franchise Association (BFA), is the granting of a licence by one person (the franchisor) to another (the franchisee), which entitles the franchisee...
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