The franchise business will contact you by means of email and/ or telephone only to the email address and phone number you have provided.
By submitting the enquiry form you are consenting to send your personal information to the selected franchise business.
You also agree to receive further newsletter email marketing from What Franchise.
Close
I have been informed by a franchisor that I need to pay a deposit to reserve a territory and once th
The short answer is that the franchisor can largely do whatever it wants, but that does not mean that you have to accept it. There is nothing wrong with being required to pay a deposit to reserve a territory. Franchisors are often subject to a very substantial number of enquiries and they need to establish which of the enquiries are serious - the best way of doing this is to ask for money. That having been said, if you are paying money to reserve a territory before you have seen the franchise agreement, it must be clear the basis on which you are paying a deposit. Usually franchisors will want to be able to retain the deposit or retain at least part of the deposit to cover their expenses, but if all that you are doing is reserving a territory then the franchisor may not have incurred any expenses. As a result, it would be important for you to have the franchisor’s agreement to the deposit being repaid should you decide not to proceed with the franchise.
You might also be interested in
Answered by Vincent Anthony
Vincent Anthony writes: The property market has wide appeal because it is relevant to everyone: we all... read more
Answered by Louise Harris
Louise Harris writes: Richness or wealth is relative. We always want more, I guess. So, what is... read more
Answered by Shelley Nadler
Shelley Nadler writes: A concern that businesses may have when deciding to franchise their business, is the... read more
Answered by Alan Wilkinson
Alan Wilkinson writes: There are two elements to consider here. First is the franchise fee itself, and... read more
Exciting Franchise Opportunities
Start your own The Little Foxes Club franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to The Little Foxes Club for further information!
Start your own Jackson Fire & Security franchise
Yes
Find Out More£300,000
Request Free Information
Send a free enquiry to Jackson Fire & Security for further information!
Start your own Granite & TREND Transformations franchise
Yes
Find Out More£600,000 to £800,000
Request Free Information
Send a free enquiry to Granite & TREND Transformations for further information!
Start your own Smoke & Pepper franchise
Yes
Find Out More£230,000
Request Free Information
Send a free enquiry to Smoke & Pepper for further information!
Start your own Burger Drop franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Burger Drop for further information!
Companies to Consider
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
-
A ‘workout’ plan to build and maintain a successful fitness franchise
Added one month ago | 2 min read
-
5 reasons why you should invest in Mathnasium
Added about 2 months ago | 2 min read
-
5 minutes with Greg Renk MD at care franchise Walfinch
Added about 2 months ago | 2 min read
Franchises by Minimum Investment
Find your next business opportunity
Search 100s of UK franchises and become your own boss today.
-
Under 10k
Starting a franchise doesn't have to be costly
Click here -
Under 20k
A mid-range investment for the more experienced
Click here -
Over 50k
If budget is not an issue, then don't miss these.
Click here -
Local Franchises
Find the perfect franchise in a location to suit you
Click here
What Franchise Newsletter
Keep up to date with all the industry news