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 sort of restrictions are imposed in the franchise agreement?
Lots. Franchise agreements are extremely one sided, imposing a huge number of obligations and restrictions on franchisees. But you should not view these negatively because, after all, if you have invested your life savings in a franchise you do not want the brand value to be badly affected by the acts of other franchisees who are not complying with the system. You need to look at the obligations and restrictions in the franchise agreement in a positive light. They are also there to stop you making mistakes, because franchising is about franchisees following a system, which enables the franchisor to ensure that they don’t fail. The restrictions will principally relate to how you operate your business, because from a franchisor’s perspective the franchisor will want customers to receive an identical service from all of his franchisees. The agreement will also contain provisions that would prevent you from being involved in a similar or competing business, so as to make sure that you devote your whole time and attention to making a success of the franchise business. Finally, the agreement will contain tough termination provisions aimed at ensuring that standards are maintained. The purpose of these provisions is to enable a franchisor to get ‘tough’ with its franchisees and put pressure on them to ‘behave’, failing which their franchise can be taken away.
You might also be interested in
Answered by Phil Archer
Phil Archer writes: The Bounce Back and CIBILs loans brought in last spring originally replaced the Enterprise... read more
Answered by John Pratt
John Pratt writes: First, you have to work out who is responsible for the poor performance because... read more
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
Exciting Franchise Opportunities
Companies to Consider
Right at Home UK
In excess of £70,000
60% bank funding, subject to status
Ask for more information
Turnover of £250,000 with gross profit of £95,000
14-18% net profit
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 about 3 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