Here are our expert answers to some common Business Franchising questions:
- What happens to franchisees when a franchisor fails?
- What should a franchisee’s earnings potential be based on?
- What restrictions will a franchisor place on the business I run?
- Will a franchisor in the retail sector fit out my store for me?
- Why should I invest in a franchise instead of setting up my own business?
- I want to franchise my business. What are the advantages?
- What should I expect from a franchisor “discovery day”?
- Upon what basis can a franchisee terminate a franchise agreement?
- Is there a maximum number of times a franchise agreement can be renewed?
- If a franchise agreement is non negotiable, why do I need a lawyer to review the document before I sign on the dotted line?
- What are the advantages of investing in a franchise resale?
- What does a typical franchise start-up fee include?
- What does a franchisee get for their investment?
- Can I run a franchise from home?
- Why does a franchisor charge a management service fee?
- What percentage of the total franchise investment must a franchisee have in available funds?
- On what basis can a franchisor terminate a franchise agreement?
- What information will a franchisor request from a prospective franchisee?
- Under what circumstances would a franchisor reduce the size of a franchisee’s trading territory?
- Should I be wary of a franchisor offering a discount on the initial investment if I agree to become a franchisee within a certain time frame?
- What support does a franchisee receive during the launch phase of their business?
- What are the advantages of purchasing an already established franchise?
- What are the benefits of franchising my business?
- Why use a specialist franchise lawyer?
- How is a franchisor’s management service fee calculated?
- I’ve noticed some franchisors guarantee a certain amount of work for their franchisees. How is this possible?
- Is a franchisee permitted to use social media as part of their promotional activities?
- How does the Consumer Rights Act affect Letting Agent franchises?
- What exclusive rights do I get as a franchisee?
- What sort of face to face support can I expect from a Franchisor?
- How does a franchisor choose its franchisees?
- What is Franchising?
- What type of non compete covenants can be included in a franchise agreement?
- Can I invest in a franchise with a business partner?
- In a five year franchise agreement, typically how soon does a franchisee start to make a profit?
- What restrictions does a franchisee have to agree to operate under?
- What upfront fees do franchisees have to pay?
- What is a franchise agreement?
- How is my compliance with a franchise system is measured?
- How are franchisor’s on-going management fees calculated?
- How can I tell if my business is franchiseable?
- How can I check the financial performance of a franchisor before I invest?
- I know franchisors provide franchisees with support in the start-up stage, but do they also provide assistance once the business is established?
- What are a franchisor’s obligations to its franchise network?
- What is a franchisor’s intellectual property?
- What’s the difference between a franchise and a licence?
- Are fixed ongoing fees or ones based on financial performance more beneficial to a franchisee?
- I am planning to invest in a franchise with another family member. What’s the best way to formalise our business partnership?
- What’s the difference between an exclusive territory and a sole territory?
- How does a franchisor use the initial franchise fee?
- What’s an operations manual and do all franchisors provide their franchisees with one?
- How can I find out if a franchisor’s brand has been properly protected?
- What are the benefits of investing in a British Franchise Association member franchise?
- Will a franchisor help me find, fit out and furnish premises?
- What restrictions should I be aware of if I want to run a franchise from home?
- How does a franchisor make money from its franchisee network?
- How safe is it to pay a deposit to a franchisor?
- I am considering going into franchising in the new year and wondered what first steps I should take?
- What is the most important aspect of a franchise agreement?
- If I am unhappy with my franchisor can I share my views with others?
- What information should a franchisor provide to someone interested in becoming a franchisee?
- Can I see the Manual before I sign the Franchise Agreement?
- What aspects of the Franchise Agreement are in my (Franchisee’s) Interests?
- What is the difference between a master franchise agreement and a franchise agreement?
- How much disclosure regarding the accounts of the business can I expect from the franchisor before I commit any money?
Other important aspects to consider before entering in to a Franchise Agreement:
Here are our expert answers to some common Business Franchising questions:
- What should I expect from a franchisor “discovery day”?
- Upon what basis can a franchisee terminate a franchise agreement?
- Is there a maximum number of times a franchise agreement can be renewed?
- If a franchise agreement is non negotiable, why do I need a lawyer to review the document before I sign on the dotted line?
- What are the advantages of investing in a franchise resale?
- What does a typical franchise start-up fee include?
- What does a franchisee get for their investment?
- Can I run a franchise from home?
- Why does a franchisor charge a management service fee?
- What percentage of the total franchise investment must a franchisee have in available funds?
- On what basis can a franchisor terminate a franchise agreement?
- What information will a franchisor request from a prospective franchisee?
- Under what circumstances would a franchisor reduce the size of a franchisee’s trading territory?
- Should I be wary of a franchisor offering a discount on the initial investment if I agree to become a franchisee within a certain time frame?
- What support does a franchisee receive during the launch phase of their business?
- What are the advantages of purchasing an already established franchise?
- What are the benefits of franchising my business?
- Why use a specialist franchise lawyer?
- How is a franchisor’s management service fee calculated?
- I’ve noticed some franchisors guarantee a certain amount of work for their franchisees. How is this possible?
- Is a franchisee permitted to use social media as part of their promotional activities?
- How does the Consumer Rights Act affect Letting Agent franchises?
- What exclusive rights do I get as a franchisee?
- What sort of face to face support can I expect from a Franchisor?
- How does a franchisor choose its franchisees?
- What is Franchising?
- What type of non compete covenants can be included in a franchise agreement?
- Can I invest in a franchise with a business partner?
- In a five year franchise agreement, typically how soon does a franchisee start to make a profit?
- What restrictions does a franchisee have to agree to operate under?
- What upfront fees do franchisees have to pay?
- What is a franchise agreement?
- How is my compliance with a franchise system is measured?
- How are franchisor’s on-going management fees calculated?
- How can I tell if my business is franchiseable?
- How can I check the financial performance of a franchisor before I invest?
- I know franchisors provide franchisees with support in the start-up stage, but do they also provide assistance once the business is established?
- What are a franchisor’s obligations to its franchise network?
- What is a franchisor’s intellectual property?
- What’s the difference between a franchise and a licence?
- Are fixed ongoing fees or ones based on financial performance more beneficial to a franchisee?
- I am planning to invest in a franchise with another family member. What’s the best way to formalise our business partnership?
- What’s the difference between an exclusive territory and a sole territory?
- How does a franchisor use the initial franchise fee?
- What’s an operations manual and do all franchisors provide their franchisees with one?
- How can I find out if a franchisor’s brand has been properly protected?
- What are the benefits of investing in a British Franchise Association member franchise?
- Will a franchisor help me find, fit out and furnish premises?
- What restrictions should I be aware of if I want to run a franchise from home?
- How does a franchisor make money from its franchisee network?
- How safe is it to pay a deposit to a franchisor?
- I am considering going into franchising in the new year and wondered what first steps I should take?
- What is the most important aspect of a franchise agreement?
- If I am unhappy with my franchisor can I share my views with others?
- What information should a franchisor provide to someone interested in becoming a franchisee?
- Can I see the Manual before I sign the Franchise Agreement?
- What aspects of the Franchise Agreement are in my (Franchisee’s) Interests?
- What is the difference between a master franchise agreement and a franchise agreement?
- How much disclosure regarding the accounts of the business can I expect from the franchisor before I commit any money?
Other important aspects to consider before entering in to a Franchise Agreement:
