Explore our advice archive for expert guidance on everything from choosing the right franchise brand and raising the necessary finance, right through to becoming a multi-unit or multi-brand franchisee.
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Introduction to Franchising
Recent statistics from the British Franchise Association (NatWest bfa Franchise Survey) have revealed that there has been a surge in young entrepreneurs (under 30 years of age) successfully finding their way into...
Finance Advice
Fundamentally, the reason that most businesses fail comes down to a cashflow problem – whether it is another business failure that leaves a bad debt, a change in market conditions...
Introduction to Franchising
Polish your training strategy and see results! Paul Matthews of People Alchemy talks about boosting performance with training follow-up. As a franchisor, you must train people. You know that. One of the...
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
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
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...
Introduction to Franchising
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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