Franchise agreements are complex legal documents, so it is essential you seek one-to-one professional advice before you invest. Here we give you a basic overview of what to expect and key questions to ask.
Legal Advice
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Top Tips For Budding Franchisees
LEGAL ADVICE THANKS TO FREETHS SOLICITORS 1. Unless it’s in the contract it’s not part of the deal Once you have decided to take on a franchise, your formal appointment as a...
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Realising Your Investment
BY MANZOOR ISHANI “Be your own boss – run your own business!” it’s the sort of slogan that is projected at those starting out on their franchise research all the time. It is...
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What are your rights?
Gurmeet Jakhu explains good faith obligations and restrictive covenants in franchise agreements Franchise agreements will contain many express terms that a franchisee is required to comply with. Recently, franchisees have...
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Legal Advice
By Natalia Shvarts You’ve found the franchise. The brand feels right. The figures stack up. And the sales pitch? Convincing. But before you sign on the dotted line, ask yourself...
Introduction to Franchising
LEGAL ADVICE THANKS TO FREETHS SOLICITORS 1. Unless it’s in the contract it’s not part of the deal Once you have decided to take on a franchise, your formal appointment as a...
Introduction to Franchising
Introduction When most people hear the word ‘franchising’ they probably think of fast food restaurants such as Burger King or McDonald’s but what you might not know is that franchising...
Introduction to Franchising
Nigel Toplis, Managing Director of The Bardon Group, details the steps and the processes you need to consider when you make the leap from being employed to becoming a franchisee. Being...
Introduction to Franchising
Most businesses have an understanding of the importance of a comprehensive business plan. Without a plan, a business will usually find it difficult to obtain funding and, going forwards, can...
Franchising Your Business
A recent case has highlighted the reluctance of the courts to intervene in “rewriting” these clauses to make them enforceable. This means it is even more important to review your...
Introduction to Franchising
BY JOHN PRATT Entering into a franchise is often the most important financial decision that anyone makes; in almost all cases, if it goes wrong the financial consequences are potentially...
Introduction to Franchising
It is one thing to run a Franchise business in accordance with the law; however, this will not as of right make the business operation ethical. A good franchisor will do...
Introduction to Franchising
Manzoor Ishani (below) discusses the conditions of a resale. If you are thinking of buying a franchise, you will often be told by your prospective franchisor that you will be able to sell your...
Introduction to Franchising
Manzoor Ishani is a senior consultant solicitor with Sherrards (Solicitors), a commercial practice advising franchisors and franchisees in the UK and internationally. He has specialised in franchising for more than...
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