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
Prior to purchasing a franchise, can I expect full disclosure of the franchise offering?
The short answer is ‘no’. In the UK franchisors are under no legal obligation to provide full details of the franchise that they offer. That having been said, members of the British Franchise Association have to comply with the BFA’s code of ethics, which does require full disclosure. Even here, however, franchisees are not fully protected because if a member of the BFA does not provide all relevant information, whilst that will amount to a breach of the BFA’s Code of Ethics, which would entitle a franchisee to complain to the BFA, it would not give a franchisee any rights to damages to compensate for the loss. Because of the above, it is always sensible for franchisees to assume (even though, in practice, this is unlikely to be the case) that the franchisor is not providing accurate or full information. Prospective franchisees should not accept what the franchisor tells them, but should undertake their own verification. In order to do this, franchisees will need to obtain details of all the franchisor’s franchisees and ask them to confirm whether the information that has been provided is correct. The rule of ‘caveat emptor’ applies when buying a franchise in precisely the same way as it applies in purchasing anything else.
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 Just Clear franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Just Clear 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 Business Partnership franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Business Partnership for further information!
Start your own Walfinch franchise
Yes
Find Out More£562,073
Request Free Information
Send a free enquiry to Walfinch 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