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.
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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...
Legal Advice
As a business owner, it is almost a certainty that you will face hardships, whether this is due to a dip in revenue, a drastic change within your respected market,...
Finance Advice
A breakdown on the pros and cons of forming a franchisee council from Goldstein Legal Opinions on the merits – or otherwise – of franchise advisory councils are famously divided....
Introduction to Franchising
A lot of our time at Franchise Resales is spent in one-tone discussions with franchisees that are seeking advice about optimising the value of their businesses and planning their exit...
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