As fast food chain KFC undertakes a PR rescue mission in the wake of a national chicken shortage, franchisors have been warned to ensure supply chains are safeguarded from similar incidents. more»
One individual may consider their opportunity to be the chance to work for themselves. To another, the opportunity could be to make a huge amount of money. more»
Business Advice legal expert David Walker responds to a concerned reader who paid a significant sum to enter a partnership with a new franchisor but, after doubting the legitimacy of the company, declined to sign the franchise agreement put on the table. more»
It won’t take long for an immigration specialist to check your processes to make sure they are all in good order. It would cost considerably less than a fine. more»
The franchise agreement is one of the two core documents for any franchise. The first thing you will notice when looking at a franchise agreement is that the terms give wide powers to the franchisor. more»
Most company owners at some point think about expanding and one of the ways to do so is franchising. Most successful franchises share the following similar, common business elements. more»
When you open a franchise you know that you have a tried and tested business model, so many of the initial teething problems of establishing a business can be avoided. more»
A successful franchise network promotes best practise, innovation and support for one another. It is the responsibility of the franchisor to facilitate a productive and proactive franchise network. more»
You’d think that setting the correct management fee structure was a relatively simple process, but ensuring a correct rate is pivotal to both the franchisor’s and the franchisees’ success. more»
Having built your business to its current success, you are ready to take the step into franchising and the last thing you want to do is undermine your hard work and efforts by not having protected yourself properly. more»
