Protecting your interests
Apr 30 2007
Most good franchise agreements are drafted in favour of the franchisor so that the franchisor has the ability to protect the business brand and system from abuse by an errant franchisee. If you become a franchisee you will not have any legal relationship with any of the other franchisees in the business and will need to rely on the strength of the agreement to ensure that the franchisor can protect you and itself.
However it is important that you take legal advice before entering into a franchise agreement and paying over any money, preferably from a solicitor who is experienced in franchising. You can access a list of BFA affiliated solicitors from the British Franchise Association’s website www.british-franchise.org.uk