franchise business Articles
Buying a Franchise – Pros and Cons
June 20th, 2018 by | Franchises
Thinking about buying a franchise? There are several factors that need to be considered. What’s good and what’s bad about a franchise? Franchises – The Good 1. The business is already up and running There will be an initial outlay of money for the franchise but the purchaser/s should hit the ground running. There shouldn’t… Read more »
Leaving a Franchise
March 21st, 2018 by | Franchises
Before Leaving a Franchise The best advice we can give you before leaving a franchise is the same as we would give before entering a franchise – read the franchise agreement and disclosure statement and, above all, get independent legal advice before you sign anything. This will help you avoid some of the more common… Read more »
Independent Legal Advice Before Buying a Franchise Business
September 21st, 2014 by | Franchises
Prospective franchisees are often overwhelmed with a mountain of paperwork including the disclosure document, franchise agreement, Franchising Code of Conduct (“the Code”), property and equipment leases, loan and security documentation. The Code requires that before a franchise agreement is entered into the franchisor must receive from the franchisee a signed statement that the franchisee has received independent… Read more »
