What’s one of the most important considerations when buying a franchise opportunity? Location. No one wants to go to the trouble of setting up a business only to have someone turn up and plant theirs right next to you. As a franchisee, you need to enter into a...
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Month: October 2022
What to do if the relationship with your franchisor breaks down
The relationship between the franchisee and the franchisor can sometimes be delicate. Relationships can quickly start to break down where a franchisee feels like they’ve been misled or unsupported in business operations, and they consider their business is suffering...
What should be included in a franchise agreement?
When you want to open a franchise, you’ll have to sign a franchise agreement. This is to protect you and the franchisor. It sets expectations and enables you to know your responsibilities. You shouldn’t ever sign a franchise agreement unless you read through the...
