When you franchise your business, you - the franchisor - enter into a legal agreement with the franchisee. A clear, written contract is essential.
This franchise agreement sets out what rights and obligations you each have. Key issues include:
Agreements tend to be in favour of the franchisor. However, if the agreement is too one-sided in the franchisor's favour, it will be difficult to attract potential franchisees. For more information on what franchisees look for in a franchise agreement, see our guide on how to buy a franchise.
Franchise agreements involve complex legal issues.
You should take advice from a lawyer with franchising expertise. Find lawyers with franchising expertise on the British Franchise Association (BFA) website.
01235 820 470