Latest Buying a franchise Questions & Answers
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Ongoing franchise fees
Why do some franchisors charge ongoing fees when others only ask for an initial one-off payment?
Protecting your interests
I am looking seriously at buying a franchise. I have received a copy of the franchise agreement and it seems to lean very much towards protecting the franchisor’s interests. Is this typical? Am I right to be concerned or am I being too cautious?
Guaranteed franchise earnings
If my new franchise does not achieve the guaranteed earnings my franchisor claimed it would before I signed the agreement, do I have any recourse?
Proof of concept for franchises
I am considering taking on the UK master licence for a US franchise, but how can I be sure the concept will work in a different country?
What market research should I do?
What type of market research should I do before investing in a franchise?
Should I only invest in a BFA member?
Should I only join a franchise network that is a member of the British Franchise Association?
What are the pros and cons of franchising?
What are the pros and cons of franchising?
Where can I get advice on setting up a franchise?
Where can I get advice on setting up a franchise?
Are there any hidden costs with franchising?
Are there any hidden costs with franchising?
Why do some franchises cost more than others?
Why do some franchises cost more than others?
What franchises are available?
I am interested in buying a franchise. Where can I find out what businesses are on offer?
The lettings market
I am interested in opening a lettings Franchises. How well is the lettings / property management market doing at present for franchisees? Or would you be able to tell me where I can market information on franchises?
Asking for case studies
Is it reasonable to ask and expect a franchisor to provide a full list of their franchisees and contact details, and let you contact anyone on the list to hear about their experiences?
Price limits for franchisor products
Is there a limit up to which a franchisor can set its prices for products that I'm obliged to buy? Our written agreement is silent on the issue but the most recent price list is wholly uncompetitive and sure to lead to ruin.
Sole traders and franchising
I'm buying a franchise and setting up as sole trader. I've read that as sole trader I don't need to register a company name but is this different for a franchise when there's an overall group name? Is the process different to register as sole trader? Thanks.
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