by info@fullcirclewebsitedesign.co.uk | Mar 4, 2025 | Uncategorized
Franchising has a very high success rate and is an excellent way to get into business. NatWest Bank conducts an annual survey that reports that over 90% of franchised businesses are still operating successfully after five years, compared to a shockingly low 10% for...
by info@fullcirclewebsitedesign.co.uk | Mar 4, 2025 | Uncategorized
The main documents in every franchise are the recruitment prospectus, the franchise agreement (FA) and the operations manual (OM). Each is important but the latter is often overlooked. It can be argued that it holds a key to avoiding franchise problems and disputes....
by info@fullcirclewebsitedesign.co.uk | Mar 4, 2025 | Uncategorized
Franchising should be, and mostly is, a mutually beneficial partnership between a franchisor and a franchisee but sometimes things go wrong. If that happens, the first step for the aggrieved party would normally be to try to resolve the problem by informal discussion....
by info@fullcirclewebsitedesign.co.uk | Mar 4, 2025 | Uncategorized
Franchise disputes nearly always arise when either the franchisor or the franchisee feels that the other party is failing to comply with what has previously been agreed. These disagreements can stem from various issues, such as: Breaches of the franchise agreement...
by info@fullcirclewebsitedesign.co.uk | Mar 4, 2025 | Uncategorized
A common problem for both franchisors and franchisees is the lack of commitment made by a franchisee who has been given the franchise with funding from the bank of Mom and Pop. Here are two real life examples. Mom and Pop apply for a man-in-a-van franchise for their...