If you’re interested in launching or joining a franchise, you probably have a vague idea of the role of a franchisor and a franchisee. But failing to carry out all your responsibilities once you’ve signed on the dotted line could have disastrous consequences - both for you and the franchise.
Franchise agreements often seem to be weighted in the franchisor’s favour, but franchisees have several key rights protecting them from unfair treatment after they invest their money.
Signing a franchise agreement is a big commitment, and a franchise contract renewal is a means you’re willing to do it all again. When things aren’t working out between you and your franchisee, knowing how to end a franchise contract gracefully is extremely important.
The Prime Minister Boris Johnson has unveiled his much-anticipated ‘roadmap’ to ease restrictions across England. As more and more people receive vaccinations, businesses can start to make plans for reopening.