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.
Why is it important to have a franchise agreement checked by a specialist lawyer?
Franchisees often ask if it is worth spending the money getting a solicitor to review a franchise agreement when a franchisor has told the franchisee it is a standard form agreement and it will not accept any amendment to it. It is worth spending this money for the following reasons:
• A franchisor needs to have a number of controls in the agreement to ensure the uniformity of the system, quality of its products or service and the protection of its brand, so by its nature the contract will be one sided, but it should also be fair to you and the franchisor. A British Franchise Association affiliate solicitor should be able to advise you if the franchisor has got this balance right.
• The franchise agreement should specify the services you will get from the franchisor. A BFA affiliate solicitor will be able to explain the extent to which the franchisor is obliged to provide these services.
• A BFA affiliate solicitor will be able to explain to you the rights you are getting under the agreement, your obligations, any performance targets you are expected to attain, the franchisor’s right to terminate the agreement, the financial provisions and many other legal obligations that you may not fully appreciate.
• A BFA affiliate solicitor will be experienced in reviewing franchise agreements and will be able to tell you if there is anything unusual in the agreement that may require further explanation from the franchisor.
Once you understand the extent of your rights and legal obligations under the agreement you will be able to make an informed decision on whether or not to enter into the franchise. It is very important you use a BFA affiliated solicitor, as you will know that someone who has previous experience and expertise in franchising is going to review your agreement. You can get a list of affiliate solicitor members from the BFA.
You might also be interested in
Answered by Shelley Nadler
Shelley Nadler writes: Yes. It’s usual for the franchisor to demand the same qualifications and standards for... read more
Answered by Alan Wilkinson
Alan Wilkinson writes: It’s quite common for two friends to go into business together and the mechanism... read more
Answered by John Pratt
John Pratt writes: There’s a view that if a franchise works in a franchisor’s home country, it... read more
Answered by Louise Harris
Louise Harris writes: Start your research ahead of your attendance. Make the show guide your key resource... read more
Exciting Franchise Opportunities
Companies to Consider
£22,000 - £25,000 per week
High street banks
Mail Boxes Etc.
£100,000 to £120,000
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 4 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