This month’s article for Elite Franchise Magazine kicks off the year with a look at exclusivity in franchise agreements. Most franchise networks offer their franchisees “exclusivity”, but that doesn’t always mean exactly what you think it might. There are almost always some exceptions when either the franchisor, or another franchisee […]
Franchises are available at all investment levels from a few hundred pounds to several million. In many cases, funding a franchise means taking on some form of bank borrowings. The December issue of Elite Franchise Magazine looks at obtaining finance for a franchise business and the different types of security […]
It’s fundamental to the success of all franchise networks that franchisees maintain certain standards; and there is a basic level of performance that all franchisees need to exceed. This month’s article for Elite Franchise Magazine takes a look at the minimum performance clauses typically found in franchise agreements. Minimum Performance […]
This month’s article for Elite Franchise Magazine takes a look at the factors to consider when setting the term of a franchise agreement and what to expect from rights of renewal. Franchise agreements will always be for a fixed term, but how long should that be? And what happens at […]
This month’s article for Elite Franchise Magazine looks at the contracutal remedies that are generally available if things go wrong in a franchise agreement. If you’ve ever wondered when damages can be claimed, and for what; or if you don’t know your injunctions from your penalties, then this month’s article […]
Did you know that legally binding contracts don’t always have to be in writing, don’t have to be signed and could be formed more easily than you may think? This month’s article for Elite Franchise Magazine explains more about how contracts can be formed and how to avoid being “accidentally” […]
In this month’s article for Elite Franchise Magazine, Kate explores the interplay between the Franchise Agreement and Operations Manual. It Takes Two – the Franchise Agreement and the Operations Manual If Love and Marriage go together like a horse and carriage, then so do the franchise agreement and operations manual. […]