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.
Q What is a franchise agreement?
Unfortunately, a franchise agreement is an extremely complicated and detailed commercial contract. Generally, they are about 40 pages long, although some are as long as 100 pages.All a franchise agreement does is expand on the standard definition of franchising, which is:
- The franchisor allows a franchisee to use its brand.
- The franchisor will provide continuing training and guidance.
- The franchisee must comply with the franchisor’s requirements.
- The franchisee must make payments to the franchisor. Inevitably because lawyers are involved, agreements expand on these very simple principles at great length. Having said this, franchise agreements are complex and it is essential you obtain legal advice on the agreement from an experienced franchise lawyer, who will know what provisions are unusual, unfair or unworkable. The British Franchise Association has a list of affiliated lawyers who know about franchising. It is very unlikely that a lawyer who is not affiliated to the bfa will have sufficient experience of franchising to be able to advise you properly.
You might also be interested in
Answered by Louise Harris
Louise Harris writes: In respect of renewal fees, every franchise is different. Prospective franchisees are guided to... read more
Answered by Alan Wilkinson
Alan Wilkinson writes: An experienced franchisor will know what works and what doesn’t work when marketing its... read more
Answered by Shelley Nadler
Shelley Nadler writes: It’s possible, even if a franchisee is granted an exclusive territory. The nature and extent... read more
Answered by Mark Meyer
Mark Meyer writes: The property market is experiencing some of the busiest times in living memory. According... read more
Exciting Franchise Opportunities
Companies to Consider
Guardian Angel Carers
Turnover of £250,000 with gross profit of £95,000
Not Just Travel
Fresh Car Valeting
£1,000-plus per week
Expense Reduction Analysts...
Through major banks
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
Added 2 years ago | 2 min read
Added one day ago | 2 min read
Added 2 days ago | 2 min read
Find your next business opportunity
Search 100s of UK franchises and become your own boss today.
What Franchise Newsletter
Keep up to date with all the industry news