The result of this action is that the franchisor
then has to advertise and re-recruit a franchisee for the territory or location, which means additional costs for the franchisor
, lost revenue, a vacant location for a period and a new franchisee that has to start from scratch.
may have support staff you can telephone whenever necessary.
C lacks a dedicated digital marketing strategy and support system that ensures ongoing success beyond the program's launch.
Q: What advice would you give new and existing franchisors
when they are creating or updating their franchise legal documents?
Franchisees, both existing and prospective, should be aware of the information they should expect to receive from a franchisor
There are a variety of commercial services and programmes available to assist a franchisor
in establishing an appropriate screening process.
Restrictions on the franchisor
regarding use of company-owned stores.
Section 4 of the Act imposes a duty upon a franchisor
to give every prospective franchisee a copy of the franchisor
's disclosure document.
When built correctly from the beginning, every new location will only serve to strengthen the franchisor
and its current franchisees.
It is the consensus of many large franchisors
that African Americans with strong business backgrounds tend to do well as franchise owners.
that is substantially associated with a trade mark, service mark, trade name, logo type or advertising of the franchisor
or its associate or designating the franchisor
or its associate; and
The Judge was not convinced that the franchisor
would succeed in the suit they brought against Mr.
In the process, the franchisee also receives the right to use a business/operating plan which the franchisor
has crafted for all of its outlets.
If the Franchisor
fails to meet its obligations or misrepresents the information that it does provide, the new Act provides specific remedies through which the franchisee may seek recourse.
was judged America's best franchisor
based on the following stringent criteria: financial performance, corporate growth and quality of management, corporate stability, and quality of the franchisor