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.
What is the significance of the franchise agreement?
It’s hugely significant for any number of reasons. The first is that if you are thinking of taking a franchise you will need to analyse the franchise agreement. If it contains lots of mistakes, it will tell you a great deal about your prospective franchisor. The franchise agreement will set out your rights and obligations. It is often said that once the agreement is entered into it is put in a draw and forgotten about. That may well be right when things are going well, but you can bet your bottom dollar that when things go badly, the franchisor will ask its lawyers to have a close look at the terms of the agreement. So you need to be aware of what you are allowed to do and what you must not. Equally, you should be aware of what obligations the franchisor has accepted. Although the importance of the franchise agreement cannot be underplayed, if the franchisor or franchisee views the relationship simply as a matter of contract, then things have gone wrong. Neither party should be in any rush to quote clause references to the other, because the relationship is also a personal and commercial one.
You might also be interested in
I’ve received the franchise disclosure document. What are the questions I should ask the franchisor?
Answered by John Pratt
John Pratt writes: In the UK, there is no legal requirement for a franchisor to provide any... read more
I’m a franchisee with one brand, but I’m looking to invest in another. What should I tell my current franchisor – Am I duty-bound to inform them at all?
Answered by Louise Harris
Louise harris writes: It’s good to see a franchisee looking to expand – especially when they see... read more
I’m quite close to investing in a brand. How can I be certain that the expected revenue projections they’ve supplied me with are genuine?
Answered by Shelley Nadler
Shelley Nadler writes: There are many different ways in which franchisors present revenue projections. Franchisors may illustrate... read more
Answered by Alan Wilkinson
Alan Wilkinson writes: Franchise resales may come about for a number of reasons. Often a franchisee will... read more
Exciting Franchise Opportunities
Companies to Consider
Yes via third parties, both bank finance and asset finance
Crayola® Imagine Arts Academy™
Right at Home UK
£150,000 per year
The Travel Franchise –...
£500,000 to £1m
Laser Clinics United Kingdom
£2,000+ per week (as per 2019)
Homecare by Kare Plus
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