If you operate a business which is situated in a particular area to meet local needs and you believe that similar businesses can be operated in other areas, then franchising is certainly a way forward. The alternative to franchising is to do it yourself with your own employees and your own capital. The challenge with […]
There are lots of reasons why prospective franchisees do not use specialist franchise lawyers. The first is that they have any existing relationship with a lawyer who, when asked, claims to know about franchising. The truth is, unless they are affiliates of the British Franchise Association (“BFA”), they are most unlikely to have looked at […]
In a franchise relationship there are normally two continuing fees. The first which is usually referred to as a management service fee and the second is a marketing fee. Sometimes the marketing fee is rolled into the management service fee, but generally that is not considered to be good practice. According to recent NatWest/bfa surveys […]
In a franchise relationship there are normally two continuing fees. The first which is usually referred to as a management service fee and the second is a marketing fee. Sometimes the marketing fee is rolled into the management service fee, but generally that is not considered to be good practice. According to recent NatWest/bfa surveys […]
Some franchisors – but not many – do indeed guarantee a certain level of work. You see this obligation especially in cleaning franchises. The danger is that the work that is offered is offered at rates which are unprofitable and once the work has been offered then if the franchisee either does not accept it […]
As with many questions relating to franchising the answer to this question will depend on what the franchise agreement says. Many franchise agreements, especially those that have not been updated for some time, are silent about the use of social media simply because it was not an issue at the time the agreement was drafted. […]
The Consumer Rights Act is being introduced in stages. The first Commencement Order was issued a few days ago and brings into force, on 27 May 2015, Chapter 3 of Part 3 of the Act which deals with letting agents. When in force letting agents must publicise relevant fees at their premises and on their website. […]
It all depends on the franchise agreement, but bear in mind that by no means all franchises grant franchisees exclusive rights. Generally, if the franchise operates from retail premises you would not expect an exclusive territory. The reason for this is that it is very difficult to predict the success of a retail operation and […]
The whole point about franchising is that whilst you are operating your own independent business, you are not alone and support is provided by the franchisor. It is vital that before you enter into a franchise agreement, you obtain full information as to precisely what support you will receive. From a legal perspective the level […]
