Ask the Experts
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Q What’s a franchise resale?
BRIAN DUCKETT WRITES:A franchise resale is the description we give to the process when an incumbent franchisee decid Click here to read the full answer
Q What is a franchise agreement?
john pratt writes:Unfortunately, a franchise agreement is an extremely complicated and detailed commercial contract. Click here to read the full answer
Why do franchise agreements seem to be heavily weighted in favour of the franchisor?
VICTORIA WILKES WRITES:Franchise agreements usually favour the franchisor and are generally an unnegotiated document Click here to read the full answer
How can I check the financial track record of a franchise business?
SHELLEY NADLER WRITES:The simplest way to check a franchisor’s financial track record is to ask the franchisor for Click here to read the full answer
What initial and ongoing training do franchisees receive?
BRIAN DUCKETT WRITES:It can be argued that a franchisor’s sole purpose in life is to train its franchisees in all Click here to read the full answer
What upfront fees do new franchisees have to pay?
JOHN PRATT WRITES:With very few exceptions, all franchise agreements require new franchisees to pay an initial fee t Click here to read the full answer
Do all franchise agreements offer an automatic right to renew?
SHELLEY NADLER WRITES:Franchise agreements generally offer the franchisee a right to renew, but this right is not au Click here to read the full answer
How are sales leads received by a franchisor distributed among its network?
BRIAN DUCKETT WRITES:Generally speaking, a lead will be allocated to whichever franchisee covers the area of respons Click here to read the full answer
Can I own more than own franchise brand at the same time?
VICTORIA WILKES WRITES:Theoretically, it is possible for a franchisee to own more than one franchise brand. However, Click here to read the full answer
How is my compliance with a franchise system measured?
JOHN PRATT WRITES:When you enter into a franchise you will be required to comply not only with the terms of the fran Click here to read the full answer
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