Rory Earley, CEO of Capital for Enterprise, explores the options...
I'm afraid that the answer is yes. If the insurance company is nominated as the preferred suppliers in your franchise agreement and you have agreed to this, then there is not much you can do.
If you have genuine concerns regarding the supplier, you may want to speak to your franchisor and voice your worries.
Usually a franchise will dictate suppliers for sound business reasons. Often because preferrantial rates for franchichees have been negotiated in return for exclusivity, but also because the levels of service or quality of the product is the best for that franchise. It also ensures a level playing field for all franchises. At wok2go, we have carefully handpicked all suppliers based on a combimation of these, that ensure the best possible start for franchisees. Cheers!
Let our experienced advisers find you the best Key Person Insurance Policy for your business. We compare quotations from the UK’s leading insurers to find you the best deal. Get Free Advice and Quotes Now or call 01773 771380
Public Liability Insurance covers your business for damages and compensation in the event your business has caused injury or death to a member of the public or damaged their property. Compare Public Liability Insurance quotes from Simply Business.
Simply Business cover a wide variety of trades and provide tailored insurance quotes. Compare quotes or call 0845 072 3340 for Public Liability and Employers Liability Insurance, and take out optional extras such as tool and plant cover.
UK small businesses could face fines of up to £500,000 if they fail to meet tough new website privacy laws which come into force this month.
The Confederation of British Industry has urged small businesses to take advantage of low-carbon opportunities ahead of its climate change summit.
A government tax incentive that rewards UK-patented intellectual property will be welcomed by all small businesses that invest in innovation, says a law firm.
The government’s decision to delay introducing auto-enrolment pensions for small and medium sized businesses is likely to be a mixed blessing for the sector, according to a law firm.
Small businesses in the UK could find it easier to sell goods or services to other European countries thanks to a new EU-wide sales law, according to the Federation of Small Businesses (FSB)
The Forum of Private Business is calling for small businesses' patent rights to be better protected amid concerns that many cannot afford to sue companies which steal their ideas.
Manufacturing businesses are being asked to play their part in cutting bureaucracy and red tape in the latest phase of a government campaign.
Almost three quarters of small businesses do not understand what the impending Bribery Act is or how it is likely to affect the way they do business, research finds.
The government has introduced a website challenging the public to help cut unnecessary regulations.
Employers believe the current system for resolving workplace disputes is failing them, with 69 per cent saying they have no protection against employees making claims to tribunals.
Businesses have been warned to finalise quickly any purchase of more expensive properties or face an increased stamp duty land tax (SDLT).
If you’re self-employed or you run a small business, it’s important you get the right business insurance cover in place.
If you’re running your own small business, make sure you insure against hard times and disaster.
Whatever the line of work, all small businesses will carry a certain element of risk which could affect its staff and the public.
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