Posted by Elizabeth Gore-Jones
on 10 June 2015
Is multi-site franchising good or bad?
Firstly, multi-site franchising covers the scenario where a franchisee has more than one franchise within a franchise system.
It can be an easy way for a franchisor to more quickly expand the franchise system and the brand by granting further franchises to a current franchisee. It alleviates the need to expend time, effort and money in the training of a new franchisee and arguably reduces the infrastructure required as the franchisor wil...
Posted by Elizabeth Gore-Jones
on 9 June 2015
OK, so I get that the use of song titles and somehow tying them into franchising or business law may be becoming a little tenuous.
However, you would be surprised the number of people who jump into legally or contractually binding relationships or agreements without fully appreciating their obligations or risks, and thus, like a prayer just hoping things will work out.
Here is a checklist of some of the due diligence enquiries you should undertake when enter into a new legal relati...
Posted by Elizabeth Gore-Jones
on 5 June 2015
Is it best that franchisees "walk the line" (in the words of the late Johnny Cash)?
It is often accepted that franchisees should not be entrepreneurial types. That franchisees should be of the ilk that can follow the system and the directions of the franchisor and not have an entrepreneurial bone in their body.
Whilst a stable of franchisees who can and do walk the line is obviously very attractive to a franchisor, does this stagnate the growth of the franchise syst...